J.M. Smucker earnings: Uncrustables business is 'on fire,' CEO says

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

J.M. Smucker Company (SJM) reported mixed first quarter results, but raised its profit forecast. CEO Mark Smucker tells Yahoo Finance Live that 'results were strong' across all of the company's business units. One of the big areas of growth for the company has been its Uncrustables business, which Smucker says is 'on fire' and set to deliver $800 million in sales this year. 'We're still in growth mode, even on core peanut butter and jelly,' Smucker says. 'In the future, we will launch more products in that same format,' Smucker explains, adding that they are looking how combinations of things like meat and cheese or egg and cheese could be part of future products.

mixed first quarter results, but raised its profit forecast. CEO Mark Smucker tells Yahoo Finance Live that"results were strong" across all of the company's business units. One of the big areas of growth for the company has been its Uncrustables business, which Smucker says is"on fire" and set to deliver $800 million in sales this year.

"We're still in growth mode, even on core peanut butter and jelly," Smucker says."In the future, we will launch more products in that same format," Smucker explains, adding that they are looking how combinations of things like meat and cheese or egg and cheese could be part of future products.Our goal is to create a safe and engaging place for users to connect over interests and passions.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Pegula appoints himself NHL Sabres president, dissolves parent company that also oversaw NFL’s BillsPegula appoints himself NHL Sabres president, dissolves parent company that also oversaw NFL’s Bills
Herkunft: globebusiness - 🏆 31. / 66 Weiterlesen »

LA media company settles first SEC enforcement case over NFTsBy Jonathan Stempel NEW YORK (Reuters) - A Los Angeles media company that billed itself as potentially
Herkunft: SaltWire Network - 🏆 45. / 63 Weiterlesen »

Cannabis company Atlantic Cultivation acquires insolvent Tantalus Labs brandST. JOHN'S, N.L. — Cannabis company Atlantic Cultivation has acquired the insolvent Tantalus Labs brand. Financial terms of the agreement were not immediately available. The deal includes Tantalus Labs' brands and remaining inventory. Founded in 2012 by Dan Sutton, Tantalus entered bankruptcy and insolvency proceedings in late June. The company had to lay off more than 50 workers at its facility in Maple Ridge, B.C., owing millions to its main lender and millions more for unpaid excise taxes. At
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »