Why J.M. Smucker Stock Is Up Today
The coffee producer is passing its profits on to investors via steadily growing dividends.
Overview
Shares of J.M. Smucker (NYSE: SJM) rose on Wednesday after the peanut butter and jelly maker reported higher-than-expected earnings and lifted its full-year financial outlook.
Image source: Getty Images.
J.M. Smucker's net sales grew 5% year over year to $2.2 billion in its fiscal 2027 first quarter, which ended on July 31.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.