(USD) | Apr 2024 | Q/Q |
---|---|---|
Revenue | 2.2B | -1% |
Gross Profit | 913.3MM | +11% |
Cost Of Revenue | 1.3B | -8% |
Operating Income | 406MM | +37% |
Operating Expenses | 507.3MM | - |
Net Income | 245.1MM | - |
G&A | 424.9MM | +14% |
Amortization | 56MM | +1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The earnings calls of Big Food makers sound the alarm bell on the state of the consumer.
Middle Coast Investing, an investment advisor firm, released its second-quarter investor letter. A copy of the letter can be downloaded here. It was a good and active quarter for the firm. The portfolio’s price to earnings for the trailing 12 months (TTM) was 20.8. Cash and equivalents accounted for 13.4% of the portfolio at the […]
The J.M. Smucker (SJM) underlines its robust financial health and commitment to shareholders by announcing a 2% hike in its quarterly dividend.
The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.06 to $1.08 per common share, an increase of two percent. The next dividend will be paid on Tuesday, September 3, 2024, to shareholders of record at the close of business on Friday, August 16, 2024. The Company remains committed to returning value to shareholders, as this represents the 23rd consecutive fiscal year of dividend growth.
Looking for discounted Dividend Aristocrats? You’re at the right place. Dividend Aristocrats are stocks with a track record of at least 25 years of consecutive dividend growth and usually have higher valuations. Rather than being value or deep value stocks, they are more akin to the “wonderful business at fair price” stocks that investors like Warren Buffett like to focus on. However, even in this category of top-shelf dividend growth plays, few are currently changing hands at bargain prices. Ye
The J.M. Smucker Company (SJM) is expanding its collaboration with Acosta Group which will help it cater well to its retail customers and consumers.
The expansion includes a full suite of Acosta's solutions for Smucker’s brands in US grocery and mass retail.
Acosta Group, a leading sales and marketing agency collective, announced today the expansion of its engagement with The J.M. Smucker Company (NYSE: SJM) to include a complete North American solution for headquarter sales, retail merchandising, and digital commerce. This appointment by Smucker is based on Acosta Group's comprehensive set of services and solutions and demonstrated ability to support the company's portfolio of brands across various channels and markets.
J. M. Smucker (SJM) is grappling with elevated SD&A costs and inflationary coffee commodity prices, while net price realization and positive volume/mix are working well.
Looking back on shelf-stable food stocks' Q1 earnings, we examine this quarter's best and worst performers, including J. M. Smucker (NYSE:SJM) and its peers.