Docoh
Loading...

SJM J.M. Smucker

Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a diverse portfolio that appeals to each generation of people and pets and is found in nearly 90 percent of U.S. homes and countless restaurants. This includes a mix of iconic brands consumers have always loved such as Folgers®, Jif® and Milk-Bone® and new favorites like Café Bustelo®,Smucker's® Uncrustables® and Rachael Ray® Nutrish®. By continuing to immerse the company in consumer preferences and acting responsibly, it will continue growing our business and the positive impact the company has on society.

Company profile

Ticker
SJM
Exchange
CEO
Mark Smucker
Employees
Incorporated
Location
Fiscal year end
Former names
SMUCKER J M CO
SEC CIK
IRS number
340538550

SJM stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

17 Jun 21
3 Aug 21
30 Apr 22
Quarter (USD)
Apr 21 Jan 21 Oct 20 Jul 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Apr 21 Apr 20 Apr 19 Apr 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 334.3M 334.3M 334.3M 334.3M 334.3M 334.3M
Cash burn (monthly) 55.73M 4.73M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 176.37M 14.98M n/a n/a n/a n/a
Cash remaining 157.93M 319.32M n/a n/a n/a n/a
Runway (months of cash) 2.8 67.5 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Jul 21 Dolan Paul J Deferred Stock Units Common Shares Grant Aquire A No No 0 221.07 0 43,304.31
1 Jul 21 Perry Kirk Deferred Stock Units Common Shares Grant Aquire A No No 0 192.23 0 9,462.643
29 Jun 21 Penrose Jill R Common Shares Sell Dispose S No No 131.29 2,379 312.34K 12,806
21 Jun 21 Smucker Mark T Common Shares Sell Dispose S No No 130.92 10,000 1.31M 119,008
15 Jun 21 John P Brase Option Common Shares Common Shares Grant Aquire A No No 135.53 23,742 3.22M 23,742

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

87.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 813 784 +3.7%
Opened positions 105 106 -0.9%
Closed positions 76 84 -9.5%
Increased positions 293 282 +3.9%
Reduced positions 268 257 +4.3%
13F shares
Current Prev Q Change
Total value 11.95B 10.87B +9.9%
Total shares 94.47M 94.11M +0.4%
Total puts 379.6K 454.7K -16.5%
Total calls 638.7K 294.6K +116.8%
Total put/call ratio 0.6 1.5 -61.5%
Largest owners
Shares Value Change
Vanguard 12.93M $1.64B +3.7%
BLK Blackrock 10.37M $1.31B +10.3%
STT State Street 7.33M $927.22M +0.2%
Massachusetts Financial Services 3.62M $458.61M +3.1%
LSV Asset Management 3.5M $442.62M -8.2%
SF Stifel Financial 2.19M $277.3M +6.4%
Champlain Investment Partners 2.18M $275.31M +0.6%
WFC Wells Fargo & Co. 2.13M $269.64M -0.6%
IVZ Invesco 2.12M $268.05M +34.7%
Geode Capital Management 2.05M $258.19M +8.0%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -1.25M EXIT
BLK Blackrock 10.37M +964.68K +10.3%
IVZ Invesco 2.12M +545.61K +34.7%
Vanguard 12.93M +463.15K +3.7%
Two Sigma Investments 159.79K -447.04K -73.7%
Renaissance Technologies 869.08K -408.2K -32.0%
MS Morgan Stanley 996.65K +368.52K +58.7%
Ariel Investments 1.33M +366.99K +38.1%
Holocene Advisors 354.63K +354.63K NEW
UBS UBS Group AG - Registered Shares 421.06K +329.08K +357.8%

Financial report summary

?
Risks
  • The COVID-19 pandemic and related ongoing implications could negatively impact our business and results of operations.
  • Our proprietary brands, packaging designs, and manufacturing methods are essential to the value of our business, and the inability to protect these could harm the value of our brands and adversely affect our sales and profitability.
  • We use a single national broker to represent a portion of our branded products to the retail grocery trade and any failure by the broker to effectively represent us could adversely affect our business.
  • Loss or interruption of supply from single-source suppliers of raw materials and finished goods could have a disruptive effect on our business and adversely affect our results of operations.
  • Certain of our products are produced at single manufacturing sites.
  • A significant interruption in the operation of any of our supply chain or distribution capabilities could have an adverse effect on our business, financial condition, and results of operations.
  • Our business could be harmed by strikes or work stoppages.
  • The success of our business depends substantially on consumer perceptions of our brands.
  • Our operations are subject to the general risks associated with acquisitions, divestitures, and restructurings.
  • We may not realize the benefits we expect from our cost reduction and other cash management initiatives.
  • Our operations are subject to the general risks of the food industry.
  • Changes in our relationships with significant customers, including the loss of our largest customer, could adversely affect our results of operations.
  • We operate in the competitive food industry and continued demand for our products may be affected by our failure to effectively compete or by changes in consumer preferences.
  • We may be limited in our ability to pass cost increases on to our customers in the form of price increases or may realize a decrease in sales volume to the extent price increases are implemented.
  • Our ability to competitively serve customers depends on the availability of reliable transportation. Increases in logistics and other transportation-related costs could adversely impact our results of operations.
  • We must leverage our brand value to compete against private label products.
  • Our results may be adversely impacted as a result of increased cost, limited availability, and/or insufficient quality of raw materials, including commodities and agricultural products.
  • Our efforts to manage commodity, foreign currency exchange, and other price volatility through derivative instruments could adversely affect our results of operations and financial condition.
  • Weak financial performance, downgrades in our credit ratings, or disruptions in the financial markets may adversely affect our ability to access capital in the future.
  • Our substantial debt obligations could restrict our operations and financial condition. Additionally, our ability to generate cash to make payments on our indebtedness depends on many factors beyond our control.
  • A material impairment in the carrying value of acquired goodwill or other intangible assets could negatively affect our consolidated operating results and net worth.
  • We could be subject to adverse publicity or claims from consumers.
  • Changes in tax, environmental, or other regulations and laws, or their application, or failure to comply with existing licensing, trade, and other regulations and laws could have a material adverse effect on our financial condition.
  • Our operations in certain developing markets expose us to regulatory risks.
  • Changes in climate or legal, regulatory, or market measures to address climate change may negatively affect our business and operations.
  • We may be unable to grow market share of our products.
  • If our information technology systems fail to perform adequately or we are unable to protect such information technology systems against data corruption, cyber-based attacks, or network security breaches, our operations could be disrupted, and we may suffer financial damage or loss because of lost or misappropriated information.
Management Discussion
  • This discussion and analysis deals with comparisons of material changes in the consolidated financial statements for the years ended April 30, 2021 and 2020. For the comparisons of the years ended April 30, 2020 and 2019, see the Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part II, Item 7 of our 2020 Annual Report on Form 10-K.
  • (A)We use non-GAAP financial measures to evaluate our performance. Refer to “Non-GAAP Financial Measures” in this discussion and analysis for a reconciliation to the comparable GAAP financial measure.
  • Amounts may not add due to rounding.
Content analysis
?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: advocate, Akron, Angelina, annuity, Art, belief, bereavement, brought, campaign, career, CEO, Child, cited, Cleveland, coaching, comfortable, Condensed, content, coordinated, daily, deceptive, demonstrate, demonstrated, demonstrating, diligent, disability, Discovering, discriminatory, District, donating, Donut, Earth, embrace, emotional, empathy, emphasize, ethnically, exemplified, expertise, factor, false, feedback, feel, Florida, focused, foster, freight, geography, GoodTM, Grill, guide, Habitat, Hall, hate, holistically, Hometown, honor, incident, inflation, intelligence, irrevocable, JDE, joining, Juneteenth, justice, lapping, larger, League, learn, learning, LeBron, lesser, library, line, live, LP, magnitude, Marketplace, married, mask, McCaf, member, misrepresented, Missouri, NAACP, Oklahoma, pantry, Peet, pledge, pledged, precaution, premia, premised, prepayment, presidential, priority, pulse, putative, quantified, racial, reopen, reopened, reopening, representation, resonant, send, shut, situation, society, soft, sought, speech, split, StopHateForProfit, Suffolk, suite, survey, sweetener, Tea, temporarily, tenure, threatened, uncommon, underrepresented, unfair, University, unwavering, Urban, vacation, vaccine, Virginia, volunteering, Western, women, workplace, world
Removed: added, advance, affirmative, affirmed, Atlantic, back, backlog, bean, began, Belgya, buildup, byproduct, Chair, Conagra, constitute, corporation, County, defend, discharge, dispute, exempt, filled, Finest, greatest, imposed, Los, McCafe, Mexico, naturally, organized, phase, Plaintiff, proceed, Purely, receipt, reflected, requirement, reuse, season, small, Spring, tag, thereto, trace, unaudited, unfilled, warn, Wesson