J.M. Smucker Company (NYSE:SJM) shares are ticking higher after the company reported its fourth-quarter FY24 earnings and provided an outlook for FY25.
The company reported a fourth-quarter FY24 sales decline of 1.3% year-on-year to $2.21 billion, missing the analyst consensus estimate of $2.24 billion.
Net sales for the quarter, excluding the acquisition, divestitures, and foreign currency exchange, increased 3%.
Adjusted EPS of $2.66 beat the analyst consensus …