WASHINGTON (dpa-AFX) - J. M. Smucker Co. (SJM) shares are gaining more than
6 percent on Thursday morning trade after the company reported a swing to profit
in the fourth quarter, reflecting the absence of loss on divestitures, compared
to last year.

The company reported profit of $245.1 million or $2.31 per share compared to
loss of $600.7 million or $5.69 per share a year ago.

Looking ahead to the fiscal year 2025, the company expects net sales to increase
9.5 to 10.5 percent, and adjusted earnings per share to range from $9.80 to
$10.20.

Currently, shares are at $116.20, up 5.23 percent from the previous close of
$110.33 on a volume of 858,320.



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