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J.M.Smucker quarterly sales fall on pet food weakness [Reuters]
Last the j.m. smucker company earnings: 2/26 07:00 am
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US:NYSE Investor Relations: jmsmucker.com/investor-relations
J.M.Smucker quarterly sales fall on pet food weakness Feb 26 (Reuters) - Jams and peanut butter maker J. M. Smucker Co reported an about 2% drop in quarterly sales on Wednesday, hurt by poor demand for its premium pet foods, including Natural Balance brand and private label dog food. Net sales fell to $1.97 billion in the third quarter ended Jan. 31, from $2.01 billion, a year earlier. Net income rose to $187.4 million, or $1.64 per share, from $121.4 million, or $1.07 per share. (Reporting by Nivedita Balu in Bengaluru; Editing by Shinjini Ganguli)
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