The J.M. Smucker Co. (NYSE: SJM) reported fourth quarter 2022 earnings results today.
Net sales increased 6% year-over-year to $2.03 billion.
Net income increased 37% to $202.1 million while EPS rose 39% to $1.87. Adjusted EPS rose 18% YoY to $2.23.
For FY2023, sales are expected to increase 3.5-4.5% YoY.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
The retail environment has witnessed many changes in customers’ shopping behavior lately, especially after the COVID outbreak. With inflation putting pressure on personal finances, there appears to be a new
Shares of Dollar General Corporation (NYSE: DG) were up over 2% on Friday, a day after the company delivered mixed results for the third quarter of 2022 and lowered its
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected