Yahoo Finance published this video item, entitled “J.M. Smucker reports mixed Q1 results, raises profit forecast” – below is their description.
Yahoo Finance anchors Brad Smith and Rachelle Akuffo break down
The J.M. Smucker Company (SJM) shares rising in early trading after releasing mixed first quarter earnings results. The company reported earnings that topped analyst estimates, but revenue fell short. J.M. Smucker saw comparable net sales rise by 21 percent, driven by a 13 percent rise in volume during the quarter. The company also raised its full-year profit guidance.
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