NYSE:SJMFood
What J. M. Smucker (SJM)'s Mixed Quarter and Soft Guidance Means For Shareholders
In its recent quarter, J. M. Smucker reported revenue growth of 2.6% year on year, matching expectations and delivering stronger-than-forecast gross margins, but full-year earnings guidance came in below analyst forecasts.
Beneath the headline results, the company’s slow organic revenue progress, falling operating margins, and low returns on invested capital point to persistent profitability pressures and questions over the effectiveness of its growth initiatives.
We’ll now examine how this...