The J.M. Smucker Co. Declares Quarterly Dividend of $1.12 Per Share
The J.M. Smucker Co. announced that its Board of Directors has approved a quarterly dividend of $1.12 per share on the company's common stock.
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The J.M. Smucker Co. announced that its Board of Directors has approved a quarterly dividend of $1.12 per share on the company's common stock.
Post Holdings, J.M. Smucker, and Central Garden & Pet are leveraging e-commerce growth in the pet products market. While e-commerce channels are outperforming brick-and-mortar retail, Post Holdings faces headwinds from underperforming dry dog food sales. Smucker's Milk-Bone brand showed volume growth recovery, and Central Garden reported solid online sales growth, with both companies investing in product innovation and digital capabilities.
The J.M. Smucker Company reported a 7% decline in Sweet Baked Snacks sales in Q1 fiscal 2027, but Donettes brand showed double-digit growth driven by expanded distribution and innovation. Flowers Foods' Wonder cake gained market share despite a 4% overall sales decline, while J&J Snack Foods faced a 6.2% sales drop with bakery weakness, though retail segment grew 1.7%.
Barclays analyst Andrew Lazar maintains JM Smucker (NYSE:SJM) with a Equal-Weight and lowers the price target from $145 to $137.