SJM - Dividend announcements

ORRVILLE, Ohio, June 9, 2026 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the fourth quarter of its fiscal year ending April 30, 2026. Financial results for the fourth quarter and fiscal year reflect the divestiture of certain Sweet Baked Snacks value brands on March 3, 2025, and the divestiture of the Voortman® business on December 2, 2024. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted.EXECUTIVE SUMMARYFourth Quarter Highlights Net sales for the quarter was $2.3 billion, an increase of $124.3 million, or 6 percent. Net sales excluding the divestiture and foreign currency exchange increased 6 percent.Net income per d

ORRVILLE, Ohio, Feb. 26, 2026 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the third quarter ended January 31, 2026, of its 2026 fiscal year. Financial results for the third quarter of fiscal year 2026 reflect the divestiture of certain Sweet Baked Snacks value brands on March 3, 2025, and the divestiture of the Voortman® business on December 2, 2024. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted.EXECUTIVE SUMMARYNet sales was $2.3 billion, an increase of $153.4 million, or 7 percent. Net sales excluding the divestitures and foreign currency exchange increased 8 percent.Net loss per diluted share was $6.79, reflecting

ORRVILLE, Ohio, Feb. 10, 2026 /PRNewswire/ -- The J.M. Smucker Co. today announced a series of leadership updates that are designed to advance the Company's continued execution of its long-term growth strategy and further the momentum of its portfolio of leading brands, while enhancing profitability and earnings. Tucker Marshall, who has served as Chief Financial Officer, has been promoted to the new role of Chief Financial Officer | Executive Vice President, Frozen Handheld and Spreads and Sweet Baked Snacks. In addition to financial reporting, internal audit, tax and treasury, financial planning and analysis, investor relations, and corporate development, Marshall's oversight has expanded

ORRVILLE, Ohio, Jan. 16, 2026 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.10 per share dividend on the common shares of the Company. The dividend will be paid on Monday, March 2, 2026, to shareholders of record at the close of business on Friday, February 13, 2026. About The J.M. Smucker Co.  At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their f

ORRVILLE, Ohio, Nov. 25, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the second quarter ended October 31, 2025, of its 2026 fiscal year. Financial results for the second quarter of fiscal year 2026 reflect the divestiture of certain Sweet Baked Snacks value brands on March 3, 2025, and the divestiture of the Voortman® business on December 2, 2024. All comparisons are to the second quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.3 billion, an increase of $58.9 million, or 3 percent. Net sales excluding the divestitures and foreign currency exchange increased 5 percent.Net income per diluted share was $2.26. Adju

ORRVILLE, Ohio, Oct. 23, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.10 per share dividend on the common shares of the Company. The dividend will be paid on Monday, December 1, 2025, to shareholders of record at the close of business on Friday, November 14, 2025. About The J.M. Smucker Co. At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their

ORRVILLE, Ohio, Aug. 27, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the first quarter ended July 31, 2025, of its 2026 fiscal year. Financial results for the first quarter of fiscal year 2026 reflect the divestiture of certain Sweet Baked Snacks value brands on March 3, 2025, and the divestiture of the Voortman® business on December 2, 2024. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.1 billion, a decrease of $11.8 million, or 1 percent. Net sales excluding the divestitures and foreign currency exchange increased 2 percent.Net loss per diluted share was $0.41. Adjusted earn

ORRVILLE, Ohio, July 16, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.08 to $1.10 per common share, an increase of two percent. The next dividend will be paid on Tuesday, September 2, 2025, to shareholders of record at the close of business on Friday, August 15, 2025. The Company remains committed to returning value to shareholders, as this represents the 24th consecutive fiscal year of dividend growth. The J.M. Smucker Co. Forward-Looking Statement This press release contains a forward-looking statement about dividends. This statement is made on the basis of the Company's views and assumpti

ORRVILLE, Ohio, June 10, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the fourth quarter of its fiscal year ending April 30, 2025. Financial results for the fourth quarter and fiscal year reflect the divestiture of certain Sweet Baked Snacks value brands on March 3, 2025, divestiture of the Voortman® business on December 2, 2024, divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, and divestiture of the Sahale Snacks® business on November 1, 2023. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales for

ORRVILLE, Ohio, March 3, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) ("Company") announced today the closing of the transaction to divest its Cloverhill and Big Texas brands, as well as certain private label products, to JTM Foods, LLC ("JTM"). The Company previously announced the signing of a definitive agreement for the transaction on January 31, 2025. The all-cash transaction is valued at approximately $40 million, subject to a working capital adjustment, and includes relevant trademarks and licenses as well as the Company's manufacturing facility in Chicago, Illinois along with approximately 400 employees who will also transition with the business. The divestiture reflects the C

ORRVILLE, Ohio, Feb. 27, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the third quarter ended January 31, 2025, of its 2025 fiscal year. Financial results for the third quarter of fiscal year 2025 reflect the divestiture of the Voortman® business on December 2, 2024, divestiture of the Canada condiment business on January 2, 2024, and acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.2 billion, a decrease of $43.2 million, or 2 percent. Net sales excluding the divestitures, acquisition, and foreign currency

ORRVILLE, Ohio, Jan. 24, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.08 per share dividend on the common shares of the Company. The dividend will be paid on Monday, March 3, 2025, to shareholders of record at the close of business on Friday, February 14, 2025. About The J.M. Smucker Co.  At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their f

ORRVILLE, Ohio, Dec. 17, 2024 /PRNewswire/ -- The J. M. Smucker Company (the "Company") (NYSE:SJM) today announced the pricing terms for its previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") to purchase up to $300 million aggregate purchase price, not including accrued and unpaid interest (the "Offer Cap"), of the Company's validly tendered (and not validly withdrawn) notes set forth below (the "Notes") using a "waterfall" methodology under which the Company will accept the Notes in order of their respective acceptance priority levels noted in the table below (the "Acceptance Priority Levels"). The Offers are being made pursuant to an Offer to Purchase

ORRVILLE, Ohio, Dec. 17, 2024 /PRNewswire/ -- The J. M. Smucker Company (the "Company") (NYSE:SJM) today announced the early results of its previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") for its validly tendered (and not validly withdrawn) notes set forth below (collectively, the "Notes"). The Offers are being made pursuant to an Offer to Purchase, dated December 3, 2024 (the "Offer to Purchase"), which sets forth a description of the terms of the Offers. The following table summarizes certain information regarding the Notes that were validly tendered and not validly withdrawn in the Offers as of 5:00 p.m., New York City time, on December 16, 2024 (

ORRVILLE, Ohio, Dec. 10, 2024 /PRNewswire/ -- Today, The J.M. Smucker Co. (NYSE:SJM) will highlight how its strategic transformation and world-class capabilities have positioned the Company for long-term sustainable growth at its 2024 Investor Day. "Over the last several years, we have strategically transformed our business to more effectively meet the evolving needs of the consumer while consistently delivering against our long-term financial algorithm," said Chair of the Board, President and Chief Executive Officer, Mark Smucker. "We are delivering growth across our portfolio through our world-class marketing, commercial and manufacturing capabilities, and are focusing our resources on our

ORRVILLE, Ohio, Dec. 3, 2024 /PRNewswire/ -- The J. M. Smucker Company (the "Company") (NYSE:SJM) today announced that it has commenced cash tender offers (each, an "Offer" and collectively, the "Offers") for the maximum principal amount of validly tendered (and not validly withdrawn) notes set forth below (collectively, the "Notes"), such that the aggregate purchase price, not including accrued and unpaid interest, payable in respect of such Notes will not exceed $300 million. The Offers are being made pursuant to an Offer to Purchase, dated December 3, 2024 (the "Offer to Purchase"), which sets forth a description of the terms of the Offers. A summary of the Offers to purchase the Notes is

ORRVILLE, Ohio, Nov. 26, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the second quarter ended October 31, 2024, of its 2025 fiscal year. Financial results for the second quarter of fiscal year 2025 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, and divestiture of the Sahale Snacks® business on November 1, 2023. All comparisons are to the second quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.3 billion, an increase of $332.6 million, or 17 percent. Net sales excluding the acquisition, divestitures, and forei

ORRVILLE, Ohio, Oct. 24, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.08 per share dividend on the common shares of the Company. The dividend will be paid on Monday, December 2, 2024, to shareholders of record at the close of business on Friday, November 15, 2024. About The J.M. Smucker Co. At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their

ORRVILLE, Ohio, Aug. 28, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the first quarter ended July 31, 2024, of its 2025 fiscal year. Financial results for the first quarter of fiscal year 2025 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, and divestiture of the Sahale Snacks® business on November 1, 2023. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.1 billion, an increase of $319.9 million, or 18 percent. Net sales excluding the acquisition, divestitures, and foreign cur

ORRVILLE, Ohio, July 12, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.06 to $1.08 per common share, an increase of two percent. The next dividend will be paid on Tuesday, September 3, 2024, to shareholders of record at the close of business on Friday, August 16, 2024. The Company remains committed to returning value to shareholders, as this represents the 23rd consecutive fiscal year of dividend growth. The J.M. Smucker Co. Forward-Looking Statement This press release contains a forward-looking statement about dividends. This statement is made on the basis of the Company's views and assumpti

ORRVILLE, Ohio, June 6, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the fourth quarter of its fiscal year ending April 30, 2024. Financial results for the fourth quarter and fiscal year reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, divestiture of the Sahale Snacks® business on November 1, 2023, and divestiture of certain pet food brands on April 28, 2023. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales for the quarter were $2.2 billion, a decrease of $29.1 million, or 1 percent.

ORRVILLE, Ohio, Jan. 19, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.06 per share dividend on the common shares of the Company. The dividend will be paid on Friday, March 1, 2024, to shareholders of record at the close of business on Friday, February 16, 2024. About The J.M. Smucker Co.At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their fam

ORRVILLE, Ohio, Dec. 5, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the second quarter ended October 31, 2023, of its 2024 fiscal year. Financial results for the second quarter of fiscal year 2024 reflect the divestiture of certain pet food brands on April 28, 2023. All comparisons are to the second quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales decreased $266.5 million, or 12 percent. Net sales excluding the divestiture and foreign currency exchange increased 7 percent.Net income per diluted share was $1.90. Adjusted earnings per share was $2.59, an increase of 8 percent.Cash provided by operations was $176.9 millio

ORRVILLE, Ohio, Aug. 29, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the first quarter ended July 31, 2023, of its 2024 fiscal year. Financial results for the first quarter of fiscal year 2024 reflect the divestiture of certain pet food brands on April 28, 2023. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales decreased $67.8 million, or 4 percent. Net sales excluding the divestiture and foreign currency exchange increased 21 percent.Net income per diluted share was $1.79. Adjusted earnings per share was $2.21, an increase of 32 percent.Cash provided by operations was $217.9 million, co

ORRVILLE, Ohio, July 14, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.02 to $1.06 per common share, an increase of four percent. The next dividend will be paid on Friday, September 1, 2023, to shareholders of record at the close of business on Friday, August 18, 2023. The Company remains committed to returning value to shareholders, as this represents the 22nd consecutive fiscal year of dividend growth. The J.M. Smucker Co. Forward-Looking Statements This press release contains a forward-looking statement about dividends. This statement is made on the basis of the Company's views and assumpt

ORRVILLE, Ohio, June 6, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the fourth quarter of its fiscal year ending April 30, 2023. Financial results for the fourth quarter and fiscal year reflect the divestitures of certain pet food brands on April 28, 2023, the natural beverage and grains businesses on January 31, 2022, and the private label dry pet food business on December 1, 2021. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales were $2.2 billion, an increase of 10 percent. Net sales excluding the impact of divestitures and foreign currency exchange increased 11 percent.For the fisca

ORRVILLE, Ohio, April 28, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) announced today the closing of the transaction to sell several pet food brands, including the Rachael Ray® Nutrish®, 9Lives®, Kibbles 'n Bits®, Nature's Recipe® and Gravy Train® brands as well as the Company's private label pet food business to Post Holdings, Inc. The transaction value is approximately $1.2 billion, consisting of $700 million in cash, subject to a working capital adjustment, and approximately 5.39 million shares of common stock of Post Holdings, Inc. The Company previously announced the signing of a definitive agreement for the transaction on February 8, 2023. The transaction includes relevant tra

ORRVILLE, Ohio, April 18, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.02 per share dividend on the common shares of the Company. The dividend will be paid on Thursday, June 1, 2023, to shareholders of record at the close of business on Friday, May 12, 2023. The Company also announced its Annual Meeting of Shareholders will be held on Wednesday, August 16, 2023, in a virtual-only meeting format. The meeting will be held at 12:00 p.m. Eastern Time. Shareholders of record at the close of business on Tuesday, June 20, 2023, will be eligible to join the webcast and vote by accessing the meeting from the Company's website: investors.jms

ORRVILLE, Ohio, Feb. 28, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the third quarter ended January 31, 2023, of its 2023 fiscal year. Financial results for the third quarter of fiscal year 2023 reflect the divestitures of the natural beverage and grains businesses on January 31, 2022, and the private label dry pet food business on December 1, 2021. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales increased $159.2 million, or 8 percent. Net sales excluding divestitures and foreign currency exchange increased 11 percent.Net income per diluted share was $1.95. Adjusted earnings per share

ORRVILLE, Ohio, Jan. 20, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.02 per share dividend on the common shares of the Company. The dividend will be paid on Wednesday, March 1, 2023, to shareholders of record at the close of business on Friday, February 10, 2023. About The J.M. Smucker Co. Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a diverse portfolio that appeals to each generation of people and pets and is found in more than 80 percent of U.S. homes and coun

ORRVILLE, Ohio, Nov. 21, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the second quarter ended October 31, 2022, of its 2023 fiscal year. Financial results for the second quarter of fiscal year 2023 reflect the divestitures of the natural beverage and grains businesses on January 31, 2022, and the private label dry pet food business on December 1, 2021. All comparisons are to the second quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales increased $155.1 million, or 8 percent. Net sales excluding divestitures and foreign currency exchange increased 11 percent.Net income per diluted share was $1.79. Adjusted earnings per sh

ORRVILLE, Ohio, Oct. 20, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.02 per share dividend on the common shares of the Company. The dividend will be paid on Thursday, December 1, 2022, to shareholders of record at the close of business on Friday, November 11, 2022. About The J.M. Smucker Co.Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a diverse portfolio that appeals to each generation of people and pets and is found in more than 80 percent of U.S. homes and cou

ORRVILLE, Ohio, Aug. 23, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the first quarter ended July 31, 2022, of its 2023 fiscal year. Financial results for the first quarter of fiscal year 2023 reflect the divestitures of the natural beverage and grains businesses on January 31, 2022, and the private label dry pet food business on December 1, 2021. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales increased $15.0 million, or 1 percent. Net sales excluding divestitures and foreign currency exchange increased 4 percent. Net sales reflect a 9 percent unfavorable impact related to the Jif® pe

ORRVILLE, Ohio, July 15, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $0.99 to $1.02 per common share, an increase of three percent. The dividend will be paid on Thursday, September 1, 2022, to shareholders of record at the close of business on Friday, August 12, 2022. The Company remains committed to returning value to shareholders, as this represents the 21st consecutive year of dividend growth. The J.M. Smucker Co. Forward-Looking StatementsThis press release contains a forward-looking statement about dividends. This statement is made on the basis of the Company's views and assumptions as of

ORRVILLE, Ohio, April 21, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $0.99 per share dividend on the common shares of the Company. The dividend will be paid on Wednesday, June 1, 2022, to shareholders of record at the close of business on Friday, May 13, 2022. The Company also announced its Annual Meeting of Shareholders will be held on Wednesday, August 17, 2022, in a virtual-only meeting format. The meeting will be held at 12:00 p.m., Eastern Time. Shareholders of record at the close of business on Tuesday, June 21, 2022, will be eligible to attend the webcast and vote at www.virtualshareholdermeeting.com/SJM2022. To attend, share

ORRVILLE, Ohio, March 1, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the third quarter ended January 31, 2022, of its 2022 fiscal year. Financial results for the third quarter of fiscal year 2022 reflect the divestitures of the Crisco® business on December 1, 2020, the Natural Balance® business on January 29, 2021, the private label dry pet food business on December 1, 2021, and the natural beverage and grains businesses on January 31, 2022. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales decreased $19.6 million, or 1 percent. Net sales excluding divestitures and foreign currency excha

ORRVILLE, Ohio, Jan. 31, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) announced today the closing of the transaction to divest its natural and organic beverage and grains businesses to Nexus Capital Management LP in a cash transaction valued at $110 million, subject to a working capital adjustment. The Company previously announced the signing of a definitive agreement on December 15, 2021.   The transaction encompasses R.W. Knudsen® and TruRoots® assets and trademarks, and a licensing agreement for Santa Cruz Organic® beverages. The transaction also includes the Company's manufacturing and distribution facilities in Chico, California, and Havre de Grace, Maryland. It does not include

ORRVILLE, Ohio, Jan. 21, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $0.99 per share dividend on the common shares of the Company. The dividend will be paid on Tuesday, March 1, 2022, to shareholders of record at the close of business on Friday, February 11, 2022. About The J.M. Smucker Co. Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a diverse portf

ORRVILLE, Ohio, Dec. 15, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) announced today it has entered into a definitive agreement to sell its natural and organic beverage and grains businesses to Nexus Capital Management LP in a cash transaction valued at approximately $110 million. The sale includes R.W. Knudsen® and TruRoots® assets and trademarks, and a licensing agreement for Santa Cruz Organic® beverages. The transaction also includes the Company's manufacturing and distribution facilities in Chico, California, and Havre de Grace, Maryland. It does not include Santa Cruz Organic® nut butters, fruit spreads, syrups or applesauce. In a related decision, to further optimize operatio

ORRVILLE, Ohio, Dec. 1, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) announced today it has sold its private label dry pet food business, including its manufacturing facility in Frontenac, Kansas, to Diamond Pet Foods, Inc., in a cash transaction valued at approximately $33 million. "This divestiture enables us to focus investments and resources on areas of our pet food and pet snacks business positioned for growth and profitability, including driving category growth in dog snacks, building upon our momentum in cat food—particularly with Meow Mix®, and stabilizing

ORRVILLE, Ohio, Nov. 23, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the second quarter ended October 31, 2021, of its 2022 fiscal year. Financial results for the second quarter of fiscal year 2022 reflect the divestiture of the Crisco® business on December 1, 2020, and the divestiture of the Natural Balance® business on January 29, 2021. All comparisons are to the second quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales increased $16.0 million, or 1 percent. Net sales excluding divestitures and foreign currency exchange increased 8 percent. Net income per diluted share was $1.90, a decrease of 6 percent. Adjusted earni

ORRVILLE, Ohio, Oct. 22, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $0.99 per share dividend on the common shares of the Company. The dividend will be paid on Wednesday, December 1, 2021, to shareholders of record at the close of business on Friday, November 12, 2021. In other actions, the Board of Directors increased the Company's share repurchase authorization by 5 million common shares. Therefore, the Company has a total of approximately 7.8 million common shares available for repurchase under authorizations by its Board of Directors. Future share repurchases will occur at management's discretion, and there is no guarantee as to

ORRVILLE, Ohio, Aug. 26, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the first quarter ended July 31, 2021, of its 2022 fiscal year. Financial results for the first quarter of fiscal year 2022 reflect the divestiture of the Crisco® business on December 1, 2020, and the divestiture of the Natural Balance® business on January 29, 2021. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales decreased $113.8 million, or 6 percent. Net sales excluding divestitures and foreign currency exchange increased 1 percent. Net income per diluted share was $1.42. Adjusted earnings per share was $1.90, a dec

ORRVILLE, Ohio, July 8, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $0.90 to $0.99 per common share, an increase of 10 percent. The dividend will be paid on Wednesday, September 1, 2021, to shareholders of record at the close of business on Friday, August 13, 2021. The Company remains committed to returning value to shareholders, as this represents the 20th consecutive year of dividend growth. The J.M. Smucker Co. Forward-Looking Statements This press release contains a forward-looking statement about dividends. This statement is made on the basis of the Company's views and assumptions as of

ORRVILLE, Ohio, June 3, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the fourth quarter of its 2021 fiscal year ending April 30, 2021. Financial results for the fourth quarter and fiscal year reflect the divestiture of the Crisco® business on December 1, 2020, and the divestiture of the Natural Balance® business on January 29, 2021. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales decreased $171.8 million, or 8 percent. Net sales excluding divestitures and foreign currency exchange decreased 3 percent, driven by lapping consumer stock-up purchasing resulting from the COVID-19 pandemic i

ORRVILLE, Ohio, April 16, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $0.90 per share dividend on the common shares of the Company. The dividend will be paid on Tuesday, June 1, 2021, to shareholders of record at the close of business on Friday, May 14, 2021. The Company also announced that its Annual Meeting of Shareholders will be held on Wednesday, August 18, 2021, in a virtual-only meeting format. The meeting will be held at 12:00 p.m., Eastern Time. Shareholders of record at the close of business on Monday, June 21, 2021, will be eligible to attend the webcast and vote at www.virtualshareholdermeeting.com/SJM2021. To attend, sha

ORRVILLE, Ohio, Feb. 25, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced results for the third quarter ended January 31, 2021, of its 2021 fiscal year. Financial results for the third quarter and the first nine months of fiscal year 2021 reflect the divestiture of the Crisco® business on December 1, 2020, and the divestiture of the Natural Balance® business on January 29, 2021. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales increased $104.4 million, or 5 percent. Net sales excluding the noncomparable divested businesses and foreign currency exchange increased 7 percent, reflecting growth across eac

ORRVILLE, Ohio, Jan. 29, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) announced today the closing of the transaction to sell its Natural Balance® premium pet food business to Nexus Capital Management LP for $50 million, subject to a working capital adjustment and before a one-time cash tax benefit. The Company previously announced the signing of a definitive agreement to divest its Natural Balance® business on December 3, 2020. The transaction encompasses pet food products sold under the Natural Balance® brand, certain trademarks and licensing agreements and a group of employees who support the Natural Balance® business. The divestiture of the Natural Balance® brand reflects the

ORRVILLE, Ohio, Jan. 22, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved a $0.90 per share dividend on the common shares of the Company. The dividend will be paid on Monday, March 1, 2021, to shareholders of record at the close of business on Friday, February 12, 2021. About The J.M. Smucker Co. Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a portfolio that appeals to each generation of people and pets with products found in 90 percent of U.S. homes and countless rest

ORRVILLE, Ohio, Dec. 10, 2020 /PRNewswire/ -- Today, at a virtual investor day, The J.M. Smucker Co. (NYSE: SJM) will outline its strategic goals and operational priorities to create long-term and sustainable shareholder value. The Company has also reaffirmed its fiscal year 2021 outlook and shared long-term financial targets. "We are implementing a focused strategic plan, including reshaping our portfolio, streamlining our organization, and updating our commercial model to transform how we deliver for our customers and consumers, as well as deliver sustainable shareholder value," said Mark Smucker, President and Chief Executive Officer. During the virtual investor day, the Company's lea

ORRVILLE, Ohio, Dec. 3, 2020 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) announced today it has entered into a definitive agreement to sell its Natural Balance® premium pet food business to Nexus Capital Management LP, in a cash transaction valued at approximately $50 million, subject to a working capital adjustment and before a one-time cash tax benefit to be realized on the sale. The transaction encompasses pet food products sold under the Natural Balance® brand, certain trademarks and licensing agreements, and select employees who support the Natural Balance® business. The business generated net sales of approximately $220 million for the Company's fiscal year ended April 30, 2020