J M Smucker Co
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SJM 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
$138.31
Day's Change
-2.95 (-2.09%)
Bid
--
Ask
--
B/A Size
--
Day's High
141.09
Day's Low
138.05
Volume
(Light)

Today's volume of 272,127 shares is on pace to be much lighter than SJM's 10-day average volume of 781,119 shares.

272,127

INVESTIGATION NOTICE: The Schall Law Firm Encourages Investors in The J. M. Smucker Company with Losses of $100,000 to Contact the Firm

10:05 am ET July 20, 2022 (BusinessWire) Print

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The J. M. Smucker Company ("Smucker" or "the Company") (NYSE: SJM) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Smucker issued a voluntary recall of "select Jif(R) peanut butter products sold in the U.S. due to potential Salmonella contamination," on May 20, 2022. The recall impacted almost 50 varieties of the Company's peanut butter products. The Company disclosed on June 7, 2022, that the recall was expected to cost $125 million. Based on this news, shares of Smucker fell by 2.35% over the next two trading sessions.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005655/en/

SOURCE: The Schall Law Firm

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com 
www.schallfirm.com
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COMTEX_410601293/1006/2022-07-20T10:05:00

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