Companies and Markets

Companies and Markets

Smucker’s profit tops estimates as Hostess acquisition sweetens its business

The J.M. Smucker Co. on Tuesday reported stronger-than-expected adjusted third-quarter profit, as it integrated its acquisition of Hostess Brands and total sales rose 1%. J.M. Smucker Co. SJM, -0.53% said its net income dropped to $120.4 million, or $1.14 a...

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