J.M. Smucker Co.

NYSE:SJM   3:59:55 PM EDT
122.98
-1.72 (-1.38%)
Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

J.M. Smucker Co To Divest Its Natural Balance Business

Published: 12/03/2020 22:53 GMT
J.M. Smucker Co. (SJM) - Press Release - the Jm Smucker Co. to Divest Its Natural Balance® Business.
J M Smucker Co - Deal for Cash Transaction Valued at Approximately $50 Million.
J M Smucker Co - Expects Divestiture to Be Dilutive to Its Adjusted Earnings per Share in Range of $0.05 to $0.10 on a Full-year Basis.
J M Smucker Co - Business Generated Net Sales of About $220 Million for Co's Fiscal Year Ended April 30, 2020.