J.M. Smucker Co

SJM

Equity

ISIN US8326964058 / Valor 1426289

New York Stock Exchange, Inc (2024-11-21)

USD 113.89+1.61%

J.M. Smucker Co
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About company

J.M. Smucker Co, led by Chair of the Board, President and CEO Mark Smucker, is a fifth-generation family-owned company with a strong position in the market. The company is known for its flagship brands Café Bustelo® and Café Pilon®, acquired from Rowland Coffee Roasters, Inc. The popular slogan "With a Name Like Smucker's®, It Has To Be Good" is associated with the company's beloved products.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Net Sales

J.M. Smucker Co. reported net sales of $2.2 billion for the fourth quarter of fiscal year 2024, a decrease of $29.1 million, or 1 percent, compared to the same quarter of the previous year. Excluding the impact of acquisitions, divestitures, and foreign currency exchange, net sales increased by 3 percent. For the full fiscal year, net sales were $8.2 billion, a decrease of 4 percent, but an 8 percent increase when excluding the same factors.

Net Income

Net income per diluted share for J.M. Smucker Co. in the fourth quarter of fiscal year 2024 was $2.30. Adjusted earnings per share were $2.66, marking a 1 percent increase from the previous year. For the entire fiscal year, net income per diluted share was $7.13, with adjusted earnings per share reaching $9.94, an 11 percent increase.

Cash Flow

J.M. Smucker Co. generated $428.1 million in cash from operations during the fourth quarter of fiscal year 2024, compared to $443.8 million in the same period the previous year. Free cash flow for the quarter was $297.5 million, and for the full fiscal year, it was $642.9 million.

Dividends

In the fourth quarter of fiscal year 2024, J.M. Smucker Co. returned $112.0 million to shareholders through dividends. For the entire fiscal year, the company returned $437.5 million in dividends to its shareholders.

Fiscal Year 2025 Outlook

J.M. Smucker Co. provided its outlook for fiscal year 2025, expecting net sales to increase by 9.5 to 10.5 percent. Adjusted earnings per share are projected to range from $9.80 to $10.20, and free cash flow is anticipated to be around $900 million.

Summarized from source with an LLMView Source

Key figures

1.52%1Y

-8.38%3Y

9.35%5Y

Performance

21.9%1Y

22.0%3Y

24.3%5Y

Volatility