Packaged food maker J.M. Smucker forecasts annual profit below estimate

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(Reuters) -Jif peanut butter maker J.M. Smucker (SJM) forecast annual profit below the estimate on Tuesday, as sequential price hikes have been squeezing demand for its dog snacks and sweet baked goods.
Shares of Orrville, Ohio-based company were down about 7% in…

This story appeared on finance.yahoo.com, 2025-06-10 11:48:57.
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