J. M. Smucker (SJM) Tops Q3 EPS by 8c; Bumps Guidance Higher
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The J.M. Smucker Co. Announces Fiscal 2023 Third Quarter Results
February 28, 2023 7:00 AM ESTORRVILLE, 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,... More