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Smucker’s Hostess acquisition led to major goodwill and trademark impairments after weak sales in Sweet Baked Snacks; shares fell 16% to $94.41 on the news
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Smucker allegedly overstated Hostess acquisition synergies; goodwill and trademark impairments drove shares down 15.6% to $94.41 on June 10, 2025.
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Smucker took $1.7B in impairments tied to Hostess, cut growth forecasts; stock plunged 16% to $94.41 on June 10, 2025.
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Smucker shares fell 16% after steep sales declines and nearly $2B in goodwill and trademark impairments from its underperforming Hostess acquisition.
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On June 10, 2025, Smucker stock fell 15.59% to $94.41 after more impairment charges and poor sales in Sweet Baked Snacks, contradicting prior growth claims
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Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Smucker To Contact Him Directly To Discuss Their Options If you purchased or acquired...
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If you purchased or acquired stock in Smucker and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW...