J M Smucker Co
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Consumer Staples : Food Products | Mid Cap Value
Company profile

The J. M. Smucker Company is engaged in manufacturing and marketing of food and beverage products. The Company's segments include U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The Company’s products include coffee, cat food, pet snacks, dog food, peanut butter, frozen handheld products, fruit spreads, portion control products, juices and beverages, as well as baking mixes and ingredients. The U.S. Retail Pet Foods segment includes Rachael Ray Nutrish, Meow Mix, Milk-Bone, 9Lives, Kibbles ’n Bits, Pup-Peroni, and Nature’s Recipe branded products. The U.S. Retail Coffee segment primarily includes the domestic sales of Folgers, Dunkin’, and Cafe Bustelo branded coffee. The U.S. Retail Consumer Foods segment primarily includes the domestic sales of Smucker’s and Jif branded products. Its distribution facilities are located across Pennsylvania, New York, Alabama, Washington, Kansas, Kentucky, Colorado, Tennessee, Louisiana, Ohio, California, Quebec and Virginia.

Price
Delayed
$138.06
Day's Change
-3.20 (-2.27%)
Bid
--
Ask
--
B/A Size
--
Day's High
141.09
Day's Low
138.02
Volume
(Light)

Today's volume of 294,357 shares is on pace to be much lighter than SJM's 10-day average volume of 781,119 shares.

294,357

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of The J. M. Smucker Company (SJM) Investigation

11:30 am ET July 15, 2022 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / July 1,5 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The J. M. Smucker Company ("Smucker's" or "the Company") (NYSE:SJM). Investors who purchased Smucker's securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/sjm.

Bronstein, Gewirtz and Grossman, LLC, Friday, July 15, 2022, Press release picture

The investigation concerns whether Smucker's and certain of its officers and/or directors have violated federal securities laws.

On or around May 20, 2022, Smucker's issued a voluntary recall of "select Jif® peanut butter products sold in the U.S. due to potential Salmonella contamination", affecting nearly 50 types of Jif peanut butter products sold in the United States. On June 7, 2022, Smucker's disclosed that the recall is expected to cost the Company $125 million in fiscal year 2023. On this news, the price of Smucker's stock fell $3.06 per share, or 2.35%, over the following two trading sessions, to close at $127.25 per share on June 9, 2022.

If you are aware of any facts relating to this investigation or purchasedSmucker's shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/sjm. You can also contact Peretz Bronstein or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Nathanson

212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC





View source version on accesswire.com:

https://www.accesswire.com/708741/Bronstein-Gewirtz-Grossman-LLC-Notifies-Shareholders-of-The-J-M-Smucker-Company-SJM-Investigation



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COMTEX_410254273/2457/2022-07-15T11:30:18

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