Categories AlphaGraphs, Consumer, Earnings
SJM Earnings: All you need to know about J.M. Smucker’s Q2 2024 earnings results
The J.M. Smucker Co. (NYSE: SJM) reported its second quarter 2024 earnings results today.
Net sales decreased 12% year-over-year to $1.94 billion. Comparable net sales increased 7%.
Net income increased 2% to $195 million and EPS grew 6% to $1.90 compared to last year. Adjusted EPS rose 8% to $2.59.
Earnings beat expectations but sales fell short.
For the full year of 2024, comparable net sales are expected to increase 8.5-9.0% YoY. Adjusted EPS is expected to be $9.25-9.65.
The stock gained over 3% in premarket hours on Tuesday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: Home Depot’s Q3 report likely to reflect weak consumer demand
The US housing industry has been mostly resilient to headwinds like economic uncertainties so far this year. However, housing activity cooled in recent months as high mortgage rates and inflation
Take-Two Interactive (TTWO) will report Q2 2025 earnings this week, a few points to note
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Monday. The stock has gained 16% over the past three months. The gaming company is set to report its second
Earnings Summary: Highlights of Loews Corporation’s (L) Q3 2024 report
Loews Corporation (NYSE: L), a diversified company with businesses in the insurance, energy, hospitality, and packaging industries, on Monday reported higher revenue and profit for the third quarter of 2024.
