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Stock impact report

Fruit spread-famous Smucker family sells unit in iconic NYC building — and buys another inside [Yahoo! Finance]

The J.M. Smucker Company (SJM) 
Last the j.m. smucker company earnings: 2/26 07:00 am Check Earnings Report
US:NYSE Investor Relations: jmsmucker.com/investor-relations
Company Research Source: Yahoo! Finance
Tim and Jenny Smucker, the eighth generation of the famed fruit spread family, took a $1 million-plus hit when they sold their one-bedroom pied-à-terre at the hotel by auction — for $1.9 million, according to city property records. The couple had bought it for $2.95 million in 2021. The apartment comes with a private terrace, which is rare for the Central Park-facing landmarked building, at 768 Fifth Ave. Tim Smucker is the fourth generation to run the Ohio-based J.M. Smucker Company, which was founded in 1897 and whose jars are commonly seen along jam aisles in American grocery stores. It could have been a sticky situation. But the financial hit has not soured the jammy family off the hotel. In fact, the family loves the building so much that they bought a larger unit on the ninth floor for $3.7 million, Gimme Shelter can reveal exclusively. That 1,212-square-foot residence comes with one bedroom, 1.5 baths and stunning Central Park views. It's the largest one-bedroom in t Show less Read more
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