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Stock impact report

Kirby McInerney LLP Announces Investigation Against The J.M. Smucker Company (SJM) on Behalf of Investors

J.M. Smucker Company (The) New (SJM) 
Last j.m. smucker company (the) new earnings: 2/26 07:00 am Check Earnings Report
US:NYSE Investor Relations: jmsmucker.com/investor-relations
Company Research Source: GlobeNewswire
NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against The J.M. Smucker Company (“Smucker” or the “Company”) (NYSE:SJM). The investigation concerns whether Smucker and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] On November 7, 2023, Smucker announced the closing of a transaction to acquire Hostess Brands for about $5.5 billion, $2.4 billion of which was recorded as goodwill in SJM’s Sweet Baked Snacks segment. On February 27, 2025, Smucker announced disappointing Q3 2025 results, including a comparable net sales decrease of 8% in Sweet Baked Snacks, a $794 million impairment charge related to the goodwill of the Sweet Baked Snacks segment, a $208 impairment charge to the Hostess Brand trademark, and a $268 million loss on the disposal of the Voortman business. On June 10, 2025, Smucker reported disapp Show less Read more
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