JM Smucker Company (NYSE: SJM) reported fourth-quarter financial results before the opening bell on Thursday.
The company reported an 8% decrease in Q4 net sales to $1.92 billion, which was higher than the Wall Street consensus.
The net earnings were $147 million or $1.35 per share compared to $226.3 or $1.98 per share of the same quarter in the previous year.
The adjusted earnings was reported at $1.89, a decrease of 26%.
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