JM Smucker Co
SJM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| MTp | LOCK|x<# | LOCK|^W |
JM Smucker Earnings: Strong Margin in Fiscal Second Quarter Pushes Shares Close to Fairly Valued
JM Smucker reported decent fiscal second-quarter results with comparable net sales up 2%, pushing shares up 5%. The firm maintained full-year comparable revenue guidance of 1% to 2% but increased adjusted EPS guidance by $0.10 to $9.70 to $10.10 on stronger-than-expected margins.
