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Smucker Cuts Guidance with Weakness Widespread

publication date: Aug 28, 2019
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Image Source: J.M. Smucker Company -- IR Presentation. 

Smucker’s revenue and earnings both missed estimates for the quarter ended July 31, while management lowered the company’s full year guidance for fiscal 2020. We've taken a close look at our valuation model, but we haven't made any material changes to the fair value estimate.


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