J.M. Smucker's Divestitures Lift Sweet Baked Snacks Profitability -- Company Talk

Dow Jones

Jun 09

J.M. Smucker's Sweet Baked Snacks segment posted a 45% increase in segment profit during the fourth quarter, even as net sales fell 5%. The margin improvement follows portfolio pruning that included exiting the Voortman business in Dec. 2024 and divesting certain value brands. The company says higher pricing across most of the portfolio and lower marketing spend drove the profitability gains. Volume remains a headwind, with snack cakes and breakfast items declining. The segment's profit margin rose to 12.2% from 8% in the prior-year quarter, which included heavy impairment charges.

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

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June 09, 2026 07:50 ET (11:50 GMT)

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Smucker's Sweet Baked Snacks segment posted a 45% increase in segment profit during the fourth quarter, even as net sales fell 5%. The margin improvement follows portfolio pruning that included exiting the Voortman business in Dec. 2024 and divesting certain value brands. The company says higher pricing across most of the portfolio and lower marketing spend drove the profitability gains. Volume remains a headwind, with snack cakes and breakfast items declining. The segment's profit margin rose to 12.2% from 8% in the prior-year quarter, which included heavy impairment charges. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n     This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 09, 2026 07:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>J.M. 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Smucker's Divestitures Lift Sweet Baked Snacks Profitability -- Company Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-09 19:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  J.M. Smucker's Sweet Baked Snacks segment posted a 45% increase in segment profit during the fourth quarter, even as net sales fell 5%. The margin improvement follows portfolio pruning that included exiting the Voortman business in Dec. 2024 and divesting certain value brands. The company says higher pricing across most of the portfolio and lower marketing spend drove the profitability gains. Volume remains a headwind, with snack cakes and breakfast items declining. The segment's profit margin rose to 12.2% from 8% in the prior-year quarter, which included heavy impairment charges. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n     This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 09, 2026 07:50 ET (11:50 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642627934","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642627934","pubTimestamp":1781005800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"J.M. Smucker's Sweet Baked Snacks segment posted a 45% increase in segment profit during the fourth quarter, even as net sales fell 5%. The margin improvement follows portfolio pruning that included exiting the Voortman business in Dec. 2024 and divesting certain value brands. The company says higher pricing across most of the portfolio and lower marketing spend drove the profitability gains. Volume remains a headwind, with snack cakes and breakfast items declining. 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Volume remains a headwind, with snack cakes and breakfast items declining. The segment's profit margin rose to 12.2% from 8% in the prior-year quarter, which included heavy impairment charges. \n\n\n \n\n\n     This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 09, 2026 07:50 ET (11:50 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}