Smucker's Goal: A More Stable Twinkie -- WSJ

Dow Jones
06/09

By Jesse Newman

J.M. Smucker's earnings boosted its shares Tuesday, but executives say there's still work to do on the Twinkie.

Sales have struggled for Hostess, which Smucker acquired in 2023 through a $5 billion deal that added brands like Twinkies and Donettes. CEO Mark Smucker said the company is focused on boosting the business, which is showing "positive indicators" after Smucker reduced the number of products Hostess sells and closed an Indianapolis plant.

"Stabilizing the business and improving profitability is where we're focused right now," Smucker said on an analyst call Tuesday. "It's going to take a bit of time until we actually see top line growth." Donettes grew 13% in the latest quarter, he said.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 09, 2026 11:34 ET (15:34 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10