J.M. Smucker

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J. M. Smucker downgrades guidance after Q1 disappointment

27 Aug 2019

US food group J.M. Smucker has changed its guidance on key fiscal year 2020 metrics following the release of its Q1 results.

New products - Unilever teams up with Tesco on Nice by Nature lollies; Brain food company Ingenuity Brands unveils Brainiac Kids; Smucker's set for move into honey

1 Mar 2019

This week's batch of new products includes the UK's Noble Foods adding ice cream to its Gü desserts range and US-based Good Karma launching plant-based sour cream and dips.

CAGNY 2019 - J.M. Smucker expects sales to accelerate after "headwinds" next year

22 Feb 2019

J.M. Smucker has set out the rate at which the US consumer goods group expects its annual sales to grow in the years ahead.

J.M. Smucker invests in Canada production

12 Feb 2019

J.M. Smucker, the US food manufacturer, is embarking on an investment project in its production network.

Brynwood reveals new name and Daniel Butler as CEO for company managing former J.M. Smucker assets

5 Sep 2018

US private-equity house Brynwood Partners has revealed the name of the company it has set up to manage the assets it bought off local food business J.M. Smucker in August.

J.M. Smucker cuts its 2019 sales forecast by $300m

21 Aug 2018

US food group J.M. Smucker has cut its sales forecast for full year fiscal 2019 by US$300m.

Food M&A volumes sizzle in July, pushing 2018 to high - data

7 Aug 2018

As company strategists look to M&A to gain an edge on their competition, just-food's index of M&A in the packaged food sector highlights the volume of deals being announced.

J.M. Smucker sells US bakery assets to PE firm Brynwood Partners for $375m

10 Jul 2018

US food group J.M. Smucker is selling its American bakery business to private-equity firm Brynwood Partners for US$375m.

J.M Smucker targets food innovators through tie-up with investor Rev1 Ventures

26 Jun 2018

US food group J.M Smucker has partnered with local investor Rev1 Ventures to try and identify the sector's "best and brightest innovators and technologies".

Smucker weighs up options for baking assets, buys another pet-food firm

5 Apr 2018

J.M. Smucker is mulling the future of its domestic baking business, a move the US food group announced alongside a deal to acquire another pet-food company in the country.

Conagra Brands still mulling future of Wesson oils

23 Mar 2018

US food business Conagra Brands is continuing to mull over the future of its Wesson cooking oils brand after plans to sell it to local peer J.M. Smucker were stymied by a regulator on competition grounds.

Greenpeace says Kraft Heinz among eight companies failing in palm oil initiative

20 Mar 2018

Environmental pressure group Greenpeace International says some global food companies such as Kraft Heinz, Kellogg, Ferrero and J.M. Smucker are failing to disclose their sources of palm oil despite an initiative to clamp down on deforestation by producers before the end of the decade.

J.M. Smucker 'mulling sale of baking brands'

8 Mar 2018

US food and beverage business J.M. Smucker is considering selling its baking brands, according to a report from news agency Bloomberg today (8 March).

JM Smucker, Conagra call off Wesson oil deal after trade commission challenge

7 Mar 2018

US groups J.M. Smucker and Conagra Brands have called off their deal over the Wesson oil brand after the US Federal Trade Commission challenged the proposed transaction.

JM Smucker's proposed Wesson acquisition challenged by US trade commission

6 Mar 2018

US-based food firm J.M. Smucker said it was disappointed with a decision by the Federal Trade Commission to challenge its proposed acquisition of the Wesson cooking oil brand from peer Conagra Brands.    

TreeHouse Foods fills CEO role with JM Smucker's Steven Oakland

5 Mar 2018

US private-label behemoth TreeHouse Foods has appointed J.M. Smucker's president of food and beverages, Steven Oakland, as its new CEO just weeks after reporting dismal full-year earnings.

CAGNY 2018 - Tyson Foods' Tajin spice range; PepsiCo Red Rock Deli crisps; Campbell V8 and premium soups; JM Smucker launches Jif Power Ups

26 Feb 2018

A number of food companies have taken the opportunity to highlight new product development (NPD) at the important Consumer Analyst Group of New York (CAGNY) investor conference in Boca Raton in the US. Here we round up the most eye-catching initiatives.

CAGNY 2018 – JM Smucker aims to boost growth with snacking division initiative

23 Feb 2018

J.M. Smucker is banking on boosting sales from its sluggish US consumer foods division through the launch of a range of snacks, part of plans to double the company's snacks sales in five years.

Earnings summary - Kraft Heinz FY sales fall; Campbell H1 sales drop on volumes in 'challenging' US; Danone boosted by WhiteWave synergies; J.M. Smucker Q3 food sales fall

16 Feb 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Smucker cuts FY sales forecast

24 Aug 2017

US food and beverage group J.M. Smucker today (24 August) lowered its forecast for annual sales amid pressure on "several categories".

JM Smucker slows decline in Q4, expects growth to return

8 Jun 2017

JM Smucker, the US jam-to-coffee group, successfully slowed the pace of the top line decline it had during its financial year in the fourth quarter and predicted a return to modest growth for next year.

Smucker removes high fructose corn syrup from Uncrustables

1 Jun 2017

US coffee-to-condiments group J.M. Smucker has reformulated its Uncrustables line of pre-made frozen sandwiches by replacing high fructose corn syrup with sugar.

Smucker to buy Wesson oil brand from Conagra

30 May 2017

J.M. Smucker has struck a deal to buy the Wesson cooking oil brand from US peer Conagra Brands for around US$285m.

Smucker cuts FY sales forecast

21 Feb 2017

US food, coffee and pet food group J.M. Smucker has lowered its forecast for annual sales after a 5% drop in its top line in its third quarter.

Smucker to build another Uncrustables plant in US

31 Jan 2017

JM Smucker, the US coffee-to-condiments group, today (31 January) announced plans to build an additional Smucker's Uncrustables sandwiches manufacturing facility, at Longmont, Colorado, for a total potential investment of US$340m.

JM Smucker H1 sales down but profits up

17 Nov 2016

JM Smucker today (17 November) booked higher half-year earnings despite lower sales, although the US-based food group also reported declining consumer food sales in its domestic market in the second quarter.

Smucker lowers outlook as sales decline 

23 Aug 2016

JM Smucker, the US coffee-to-condiments group, today (23 August) booked a 7% drop in first-quarter sales and lowered its forecast for annual revenue.

Can Smucker revive food sales? - analysis

13 Jun 2016

JM Smucker booked higher full-year earnings last week despite a drop in revenue from its food brands. With coffee and pet food outpacing Smucker's packaged food business, can the company lift the performance of its spreads-to-snacks brands? 

Smucker FY profits rise but US food sluggish

9 Jun 2016

JM Smucker has reported an increase in full-year earnings despite a drop sales at the group's US consumer foods unit. 

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