JM Smucker Increases Adjustment for FY25. EPS, Comp Sales Growth Outlook

WASHINGTON (dpa-AFX) – While reporting its second-quarter financial results on Tuesday, consumer goods company JM Smucker Co. (SJM) raised its forecast for adjusted profit and comparable net sales growth for the entire the year 2025, while maintaining net sales growth. prospects.

For fiscal 2025, the company now expects adjusted earnings in the range of $9.70 to $10.10 per share on net sales growth of 8.5 to 9.5 percent, with comparable net sales growth d ‘about 1.0 to 2.0 percent.

Previously, the company forecast adjusted earnings of between $9.60 and $10.00 per share on net sales growth of 8.5 to 9.5 percent, with comparable net sales growth of around 0.5 at 1.5 percent.

On average, analysts polled by Thomson Reuters expect the group to post earnings of $9.78 per share and revenue up 8.71% to $8.89 billion for the year. year. Analyst estimates generally exclude special items.

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