J. M. Smucker (SJM) Tops Q3 EPS by 26c, Offers Guidance
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The J.M. Smucker Co. Announces Fiscal 2021 Third Quarter Results
February 25, 2021 7:00 AM ESTORRVILLE, 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... More