J.M. Smucker Reports $662.3 Million Quarterly Loss
The company records $2.2 billion revenue for Q3 ended Jan 31, 2025
J M SMUCKER Co [SJM] reported $662.3 million loss for Q3 ended Jan 31, 2025, showing a decrease of $782.7 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 27, 2025 that it generated revenue of $2.2 billion for the period, showing a decrease of $43.2 million in the same quarter of the previous year.
Based in Orrville, Ohio, the company reported $6.2 earnings per share for the period, compared to $1.1 in the last quarter.
The company's loss decreased by 650.08% from $120.4 million in the last quarter.
The revenue decreased 1.94% from $2.2 billion in the same quarter of the previous year.