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Industries
Food & Agriculture
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
N/A
Headquarters
Orrville, Ohio
Founded
1897
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ORRVILLE, Ohio, March 5, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced that Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, will participate in a fireside chat at the BofA Securities 2025 Consumer and Retail Conference on Tuesday, March 11, 2025, at 8:00 a.m. Eastern Time.A listen-only live webcast of the fireside chat can be accessed on the Company's website: investors.jmsmucker.com. A replay of the webcast will be available following the event.About The J.M. Smucker Co.At The J.M
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 Company's continued commitment to portfolio optimization and prioritization of resources in support of the Hostess® brand to help advance its leadership in the sweet baked good category. The decision reflects action on the key pillars the Company has established to return the Hostess® brand to growth, including work to mitigate costs and reduce complexity within its manufacturing network.The transaction is expected to impact fiscal year 2025 net sales by approximately $10 million and to be immaterial to full-year adjusted earnings per share
The J.M. Smucker Co. is promoting Judd Freitag to senior vice president and general manager, Pet and Sweet Baked Snacks, effective March 7, 2025, and will change the leadership structure of its supply chain and manufacturing organizations to strengthen oversight and execution.
The J.M. Smucker Co. has appointed Judd Freitag to lead the US Retail Pet Foods and Sweet Baked Snacks segments, effective March 7, 2025.
ORRVILLE, Ohio, Feb. 5, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) invites interested parties to listen to management's presentation during the 2025 CAGNY Conference on Wednesday, Feb. 19, 2025, at 2:00 p.m. Eastern Standard Time.The Company will release its third quarter fiscal 2025 financial results on Thursday, Feb
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Industries
Food & Agriculture
Consumer Goods
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
N/A
Headquarters
Orrville, Ohio
Founded
1897
Find jobs on Simplify and start your career today