Jim Cramer criticizes J. M. Smucker's recent quarterly report due to acquisition of Hostess Brands

From Yahoo Finance: 2025-06-28 12:19:00

Jim Cramer criticized J. M. Smucker’s recent quarterly report as “horrendous,” attributing it to the company’s decision to acquire Hostess Brands. The company produces a variety of food, beverage, and pet products under well-known brands like Folgers, Jif, and Dunkin’. The stock plunged more than 15% after taking a $980 million impairment charge for the Hostess transaction and facing challenges like tariffs and higher coffee costs. Despite potential as an investment, AI stocks may offer better upside potential. For more on AI stocks and market trends, check out our free report on the best short-term AI stock.



Read more at Yahoo Finance: Jim Cramer Calls J. M. Smucker’s Recent Quarterly Report “Horrendous”