RSS   Newsletter   Contact   Advertise with us

J. M. Smucker Company Q1 2021 net sales increased

Christian Fernsby ▼ | August 25, 2020
The J. M. Smucker Company announced results for the first quarter ended July 31, 2020, of its 2021 fiscal year.
J. M. Smucker Company
J. M. Smucker Company   Net sales increased $192.9 million, or 11 percent
Net sales increased $192.9 million, or 11 percent, with growth across each of the Company's U.S. and International retail businesses, partially offset by a decline for its Away From Home business.

Topics: J. M. Smucker

Free cash flow was $332.4 million, compared to $148.5 million in the prior year.

Gross profit increased $75.8 million, or 11 percent, driven by the increased contribution from volume/mix and lower costs, partially offset by an unfavorable change in unallocated derivative gains and losses as compared to the prior year.