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...