JM Smucker Co

SJM: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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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.

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