J.M. Smucker

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UK/US/SINGAPORE: Hain linked to Daniels Group sale

10 Oct 2011

Hain Celestial, a US maker of organic foods, is reportedly in talks to buy UK chilled foods firm Daniels Group.

CANADA: Hain Celestial buys vegetable brand from Smucker

6 Oct 2011

The Canadian subsidiary of Hain Celestial has acquired the Europe's Best vegetable brand from US food group JM Smucker.

US: Commodity costs hit Smucker food profits in Q1

18 Aug 2011

JM Smucker has reported falling quarterly profits from its consumer food business as higher commodity costs ate into earnings.

US: Commodity cost hikes hit Smucker profits

9 Jun 2011

US food manufacturer JM Smucker has posted a fall in fourth-quarter profits as sales growth was offset by increased input costs.

US: Smucker reorganises executive line-up

8 Mar 2011

JM Smucker is reorganising the structure of its executive management team and will move from having two CEOs to one this summer.

Quote, unquote: CAGNY 2011

25 Feb 2011

At the CAGNY analyst conference in Florida this week, two trends seemed to dominate the presentations: rising commodity costs - and manufacturers' ability to push them through - plus expansion into emerging markets. Here's the best of what was said at CAGNY:

CAGNY: JM Smucker studying China entry

23 Feb 2011

US food group JM Smucker, which generates a tiny proportion of its sales outside North America, has emphasised its plans to enter China.

US: JM Smucker Q3 profit slides on charges

17 Feb 2011

US food group JM Smucker has booked a 3% decline in profit for its third quarter, as charges dented higher sales.

Talking shop: US promotional landscape to continue in 2011

7 Dec 2010

As we close in on the end of 2010, the promotional landscape remains difficult for retailers, with few markets more competitive than in the US, where ongoing low levels of consumer confidence and efforts from the major operators to gain market share have continued to drive prices downward. With commodity prices starting to show upward movement, how much longer can this promotional environment be sustained?

Quote, unquote: just-food's week in words

19 Nov 2010

The merger between Greencore and Northern Foods, the race to own Yoplait, reform of Europe's farm policy and Unilever's new push on sustainability all got people talking this week. Here is the best of who said what.

Editor's choice: the highlights on just-food this week

19 Nov 2010

In the week that just-food kicked off its Open House period, the food sector saw a merger with implications on both sides of the Atlantic with the deal between Greencore and Northern Foods. In the US, Heinz, JM Smucker and Wal-Mart Stores reported their latest numbers to Wall Street. And, in Europe, the battle for yoghurt brand Yoplait intensified when Lactalis tabled a EUR1.4bn (US$1.91bn) - that was swiftly rejected - while the EU launched plans to reform farm policy.

On the money: Competitive pricing hits JM Smucker oils, baking division

19 Nov 2010

US food group JM Smucker said "unprecedented competitive pricing" throughout the second quarter contributed to volume declines in its oils and baking segment.

US: JM Smucker profits climb, ups guidance

18 Nov 2010

US food group JM Smucker has booked an increase in second-quarter profits and upped its earnings guidance for the full-year.

CANADA: J.M. Smucker to close two Ontario plants

29 Sep 2010

US food group J.M. Smucker has decided to close two plants in Canada.

US: JM Smucker’s profits climb in Q1

20 Aug 2010

US food group JM Smucker has booked an increase in first-quarter net income.

Quote, unquote: just-food's week in words

18 Jun 2010

Food campaigners took a swipe at Europe's food industry and politicians after the European Parliament voted against imposing traffic light labels. Danone and Marfrig explained why they have again expanded overseas, while US retailer Kroger commented on the threat of Wal-Mart and UK grocer Sainsbury's expressed caution over the country's economy.

US: Smucker Q4 profits up as consumer brands prosper

17 Jun 2010

US food group JM Smucker today (17 June) reported bumper quarterly profits as sales of its Jif peanut butter and namesake fruit spreads rose.

The top stories on just-food this week

26 Mar 2010

From PBM to PepsiCo, food makers in the US dominated the headlines this week. The sale of infant-formula maker PBM for US$808m highlighted the attractiveness of the category. PepsiCo became the latest to announce plans to cut salt, sat fat and sugar from its products, while bread and cereal makers in Australia outlined their own programme to cut salt. In Europe, Swiss firm Orior set out plans for an IPO, UK retailer Sainsbury's reported slowing sales and Danone admitted it will shake up its domestic dairy business. These were the most popular stories on just-food this week.

US: Smucker "could look for M&A" - analyst

25 Mar 2010

US food group JM Smucker could still be on the look-out for acquisitions even after its investment in revamping its supply chain and manufacturing in North America, according to a leading analyst.

US: Smucker to close four plants in revamp

24 Mar 2010

US food group JM Smucker is revamping its supply chain and manufacturing network with a series of moves that include the closure of four plants.

US: Smucker sells Hungry Jack potato brand

16 Mar 2010

JM Smucker has announced a sale of its Hungry Jack potato products business to Basic American Foods.

On the money: JM Smucker sees trade-down waning

24 Feb 2010

US peanut butter and jelly maker JM Smucker has said that it saw product mix improvements in the third quarter and claimed consumers were returning to more premium brands.

US: JM Smucker boosted by Folgers, margins

24 Feb 2010

Peanut butter and jelly maker JM Smucker has posted a leap in quarterly earnings, which were boosted by the integration of its Folgers coffee business and improved margins.

INSIGHT: Smucker benefits from margin boost

20 Nov 2009

JM Smucker said today (20 November) that improved margins had bolstered its second quarter profits, which more than doubled year-on-year.

US: Smucker profits rise on Folgers, sales uplift

20 Nov 2009

US jellies and spreads maker JM Smucker has seen its second-quarter profits more than double, as the company benefited from its Folgers Coffee acquisition and consumers increasingly eating at home.

US: Smucker confirms CFO, supply chain VP appointments

3 Nov 2009

JM Smucker's board has approved the appointment of its finance and supply chain chiefs.

INSIGHT: JM Smucker insists focus on all brands

21 Aug 2009

JM Smucker, the US group behind brands from Crisco cooking oils to Jif peanut butter, said it has not taken its eye of its core brands, despite its current focus on recent acquisition Folgers coffee.

US: JM Smucker Q1 profit up, reaffirms outlook

21 Aug 2009

US food group JM Smucker posted an increase in first-quarter profit today (21 August) and said its full-year earnings will come in at the higher end of its outlook.

Top stories on just-food this week

19 Jun 2009

The highly anticipated sale of Belgium soy business, Alpro, drew to a somewhat abrupt end this week, when it emerged that US dairy giant Dean Foods had struck a deal to acquire the unit from Vandemoortele.

US: Folgers fires Smucker profits

18 Jun 2009

US food group JM Smucker reported bumper fourth-quarter results today (18 June) on the back of last year's acquisition of the coffee business Folgers.




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