J.M. Smucker’s Bottom-Line Shines In Q4 As Cost Management Pays Off: Details

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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 …

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