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News Breaks
June 5, 2014
07:05 EDTSJMJ.M. Smucker says it will no longer elect to qualify commodity, forex derivative
Additionally, the company has modified its segment profit calculation and redefined non-GAAP income and income per share measures to exclude gains and losses on commodity and foreign exchange derivatives until the related inventory is sold. The company believes this change more accurately aligns the derivative gains and losses with the underlying exposure being hedged and allows the realization of the economic effect of the derivative without the mark-to-market volatility within segment profit and non-GAAP income and income per share.
News For SJM From The Last 14 Days
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August 20, 2014
07:05 EDTSJMJ.M. Smucker reports Q1 U.S. Retail Coffee segment volume up 2%, sales down 2%
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07:04 EDTSJMJ.M. Smucker backs FY15 EPS $5.95-$6.05, consensus $6.02
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07:02 EDTSJMJ.M. Smucker reports Q1 EPS $1.34, consensus $1.37
Reports Q1 revenue $1.32B, consensus $1.37B. Q1 sales reflect lower net price realization, particularly related to coffee, and the continued impact of the Company's exit of its private label hot beverage business in its International, Foodservice, and Natural Foods segment during 2014.
August 19, 2014
15:16 EDTSJMNotable companies reporting before tomorrow's open
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