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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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The J.M. Smucker Co. investors that lost money are notified to contact BFA Law about its ongoing securities fraud class action investigation.
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The J.M. Smucker Co. investors that lost money are notified to contact BFA Law about its ongoing securities fraud class action investigation.
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The J.M. Smucker Co. investors that lost money are notified to contact BFA Law about its ongoing securities fraud class action investigation.
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The J.M. Smucker Co. investors that lost money are notified to contact BFA Law about its ongoing securities fraud class action investigation.
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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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The J.M. Smucker Co. investors that lost money are notified to contact BFA Law about its ongoing securities fraud class action investigation.
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The J.M. Smucker Co. investors that lost money are notified to contact BFA Law about its ongoing securities fraud class action investigation.
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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.