J.M. Smucker Faces Profit Challenges Amid Price Hikes and Tariff Costs
TL;DR Summary
U.S. stocks edged higher amid trade negotiations, with Walt Disney acquiring full control of Hulu, J.M. Smucker warning on economic conditions, and McDonald's facing a downgrade due to declining foot traffic. Energy stocks rose on optimism about trade talks, while some food companies and United Natural Foods experienced declines due to operational issues and cyberattacks.
- Top Stock Movers Now: Walt Disney, JM Smucker, McDonald's, and More Investopedia
- J.M. Smucker Earnings: SJM Stock Slumps on Disappointing Fiscal 2026 Outlook Barron's
- JM Smucker readies another coffee price hike Yahoo Finance
- Packaged food maker J.M. Smucker forecasts annual profit below estimates Reuters
- Folgers coffee, Jif peanut butter parent aims to absorb some tariff costs for shoppers MarketWatch
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