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Stock impact report

The J.M. Smucker Co. Announces Fiscal 2025 Third Quarter Results [Yahoo! Finance]

J.M. Smucker Company (The) New (SJM) 
Last j.m. smucker company (the) new earnings: 2/26 07:00 am Check Earnings Report
US:NYSE Investor Relations: jmsmucker.com/investor-relations
Company Research Source: Yahoo! Finance
Financial results for the third quarter of fiscal year 2025 reflect the divestiture of the Voortman ® business on December 2, 2024 , divestiture of the Canada condiment business on January 2, 2024 , and acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023 . All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.2 billion , a decrease of $43.2 million , or 2 percent. Net sales excluding the divestitures, acquisition, and foreign currency exchange decreased 1 percent. Net loss per diluted share was , reflecting noncash impairment charges attributable to the Sweet Baked Snacks reporting unit. Adjusted earnings per share was , an increase of 5 percent. Cash provided by operations was $239.4 million compared to $406.5 million in the prior year. Free cash flow was $151.3 million , compared to $249.6 million in the prior year. The Company updated its full-year fiscal 2025 financial outlook. Show less Read more
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