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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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
Source: globebusiness - 🏆 31. / 66 Read more »
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
Source: SaltWire Network - 🏆 45. / 63 Read more »
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
Source: YahooFinanceCA - 🏆 47. / 63 Read more »