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J.M. Smucker reports Q2 adjusted EPS $2.10, consensus $2.10

Reports Q2 revenue $2.3B, consensus $2.32B. “We are pleased with our second quarter results and the positive momentum that we are experiencing in our business,” said CEO Mark Smucker. “Our top-line growth was driven by ongoing demand for our portfolio of leading brands, and our bottom-line results reflect disciplined cost management and business execution. While the overall environment remains dynamic, we continue to navigate successfully what we can control and advance our three strategic priorities of accelerating organic growth, embedding transformation in our everyday, and fostering a ‘Be Bold’ mindset. Through our focused strategy we are confident in our ability to deliver our financial outlook for this fiscal year and advance our longer-term objectives to increase shareholder value.”

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