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Jim Cramer called Campbell's snack quarter a nightmare and warned the whole category is broken, but two other packaged food giants reported something very different this week and raised their dividends to prove it.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
The disposition involved the sale of 84,821 shares at a weighted-average price of $131.39 per share, totaling $11.1 million. The shares traded represented 38% of the insider's total equity stake before the filing.
Consumer staples stocks were supposed to be dead money in a market where investors are looking for alpha in the artificial intelligence trade. But the sector has had some notable winners.
The executive sold 18,482 shares at a weighted-average price of $132.05, representing a total transaction value of $2.4 million. Traded shares were equal to 46% of the equity stake held before the filing.
The J. M. Smucker Company (SJM) Q1 2027 Earnings Call Prepared Remarks Transcript
Raw coffee costs have eased from last year's highs, but remain historically elevated.
J.M. Smucker Co (NYSE:SJM) on Wednesday reported better-than-expected first-quarter financial results and raised its FY27 guidance above estimates.