The J M SMUCKER Co. has reported a diverse family of brands available across North America. The company leads in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories through brands such as Folgers, Dunkin’, Café Bustelo, Jif, Uncrustables, Smucker’s, Hostess, Milk-Bone, and Meow Mix.
The company's strategic vision includes engaging, delighting, and inspiring consumers by building brands they love and leading in growing categories. The strategic growth objectives include net sales increasing by a low single-digit percentage, operating income increasing by a mid-single-digit percentage, and adjusted earnings per share increasing by a high single-digit percentage over the long term.
In November 2023, the company completed a cash and stock transaction to acquire Hostess Brands for a total purchase consideration of $5.4 billion. The acquisition included the issuance of approximately 4.0 million common shares to Hostess Brands’ shareholders, valued at $450.2 million, and the assumption of $991.0 million of debt from Hostess Brands. The acquired business contributed net sales of $1,178.8 million in 2025, and the company anticipates cost synergies of approximately $100.0 million, expected to be achieved by the end of 2026.
The company has also engaged in several divestitures. In 2025, it sold certain Sweet Baked Snacks value brands to JTM, generating net proceeds of $34.6 million and recognizing a pre-tax loss of $44.2 million. In 2024, it sold the Voortman business to Second Nature, realizing net proceeds of $291.4 million and recognizing a pre-tax loss of $265.9 million. In 2024, the company also sold the Canada condiment business to TreeHouse Foods, resulting in net proceeds of $25.3 million and a pre-tax loss of $5.7 million. Additionally, in 2023, it sold the Sahale Snacks business to Second Nature, yielding net proceeds of $31.6 million and recognizing a pre-tax loss of $6.7 million. Lastly, in 2023, the company sold certain pet food brands to Post, realizing net proceeds of $1.2 billion and recognizing a pre-tax loss of $1.0 billion.
The company has experienced input cost inflation and a dynamic macroeconomic environment, including tariffs, regulatory and policy changes, and changes in consumer behaviors, which are expected to persist into 2026. In response to inflationary pressures, the company continues to focus on delivering sustainable productivity initiatives to grow profit margins and reinvest in the business to enable future growth and cost savings. Additionally, the company is closely monitoring potential disruptions in its supply chain due to geopolitical events impacting markets around the world.
Following these announcements, the company's shares moved 1.54%, and are now trading at a price of $95.96. If you want to know more, read the company's complete 10-K report here.
