$SJM

Campbell Soup (CPB) cut its quarterly dividend to $0.25 per share, citing debt reduction goals. Q4 2026 saw adjusted EPS of $0.39 on $2.14B net sales, down 7.9% YoY. Jim Cramer criticized the results, noting declines in snacks and soup. Mondelez (MDLZ) reported Q2 2026 adjusted EPS of $0.73 on $9.36B revenue, up 4.1%, and raised guidance. J.M. Smucker (SJM) reported Q1 FY2027 adjusted EPS of $3.24 on $2.22B revenue and increased its dividend.

J M Smucker's Chief People Officer, Jill R. Penrose, had 1,461 shares withheld for taxes on September 1, 2026, due to restricted stock vesting. She now holds 14,334 shares directly and 2,755 shares indirectly. The shares were withheld at $131.42 per share to cover tax liabilities under the company's 2020 Equity and Incentive Compensation Plan.

Ferguson Robert D (Chief Product Supply Officer) sold 2,522 shares of J M SMUCKER Co (SJM) at $132.41 ($0.33M total) on 2026-08-31.

SMUCKER MARK T (CEO, Chair of Board) sold 84,821 shares of J M SMUCKER Co (SJM) at $131.39 ($11.14M total) on 2026-08-31.

U.S. companies reported strong earnings in Q2, with S&P 500 companies on track for 52% YoY growth, driven by gains at Alphabet, Amazon, and others. Retail sales fell 0.6% in July but remain 5% higher YoY. Walmart's sales growth slowed, and it used $2.9B in tariff refunds to lower prices. AI spending also boosted demand.

J.M. Smucker's lawsuit against Trader Joe's over frozen PB&J sandwiches can proceed, according to a federal judge. Smucker claims Trader Joe's sandwiches infringe on its Uncrustables trademarks. Trader Joe's denies infringement, arguing its sandwiches have a different shape. The judge ruled Smucker has protected its brand for 20 years. Smucker seeks restitution and destruction of Trader Joe's products.

Marshall Tucker H (Chief Financial Officer) sold 18,482 shares of J M SMUCKER Co (SJM) at an average of $132.05 ($131.91–$132.26, $2.44M total) across 2 trades on 2026-08-28.

The S&P 500 gained 0.5% this week, driven by Nvidia's strong earnings and chip sector growth. Salesforce rose 22% after a beat-and-raise quarter and a new AI partnership, while J.M. Smucker reported a 5% sales increase and 71% EPS growth. Both companies' stocks are now overbought according to RSI.

U.S. stock market was mostly steady on Wednesday after inflation data showed a slight increase. The S&P 500 and Nasdaq fell slightly, while the Dow Jones dropped 0.2%. Nvidia's earnings report was anticipated after market close. Abercrombie & Fitch and J.M. Smucker rose on strong earnings, while Intuit fell despite beating expectations. Meta Platforms gained after a settlement agreement. Treasury yields ticked higher following inflation and economic growth updates.

J. M. Smucker (SJM) reported a 5% sales increase to $2.22B in Q1, driven by pricing. Adjusted EPS rose 71% to $3.24, including a $0.84 benefit from tariff refunds. Volume/mix growth was modest, with coffee sales up 13% but mostly due to pricing. The company raised its full-year free cash flow guidance to $1.1B. Hostess sales declined 7%, and full-year sales are expected to fall 1-2%.