J.M. Smucker’s performance impacted by divested pet food brands
The manufacturer, which posted fewer sales and profit in the last quarter, is optimistic about the pet business for the remainder of the fiscal year.
J.M. Smucker’s global net sales decreased 12% to $1.93 billion (€1.78B) in the second quarter of its 2024 fiscal year (FY), which ended 31 October 2023, primarily due to lost sa…
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