J.M. Smucker: Supplier driven constraints slightly impacted volume performance Says supplier-driven constraints for retail coffee canisters did have a "slight" impact on Q2 volume performance. Says expects this constraint to be fully behind it by the end of Q3, allowing it to return to acceptable inventory levels by end of FY. Comments made on the Q2 earnings conference call.
News For SJM From The Last 14 Days
Check below for free stories on SJM the last two weeks.
J.M. Smucker FY15 EPS to beat consensus by wide margin, says Bernstein Bernstein reports that it has seen more concrete signals about the timing and magnitude of a rebound in J.M. Smucker's peanut butter profits next quarter, and the firm expects the company's FY15 EPS to beat the consensus outlook by 54c. The firm says the recent pullback in the stock "looks interesting," and it keeps an Outperform rating on the shares.