JM Smucker Co
SJM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Fz^ | LOCK|%$% | LOCK|Rw |
JM Smucker: No Change to Our Forecast After Investor Day; Shares Remain Fairly Valued
JM Smucker detailed its ongoing focus on key brands at an investor day on Dec. 10. Its algorithm for annual growth of low-single digits for sales, mid-single digits for adjusted operating income, high-single digits for adjusted earnings per share, and at least 10% shareholder return was unchanged.
