Shares of The J. M. Smucker Company (SJM) gained over 10% on Tuesday morning after reporting stronger fourth-quarter results.
The stock is currently trading at $112.29, up $10.53 or 10.35%, on the NYSE. It opened at $106.96 after closing the previous session at $101.76. The stock has traded between $88.25 and $119.39 over the past 52 weeks.
Smucker reported fourth-quarter net sales of $2.3 billion, up 6% year-over-year. The company reported fourth-quarter net income of $388.1 million, or $3.64 per share, compared to a net loss of $729.0 million, or $6.85 per share, in the prior year period. Adjusted earnings per share increased to $2.77 from $2.31.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.