: Folgers parent J.M. Smucker beats profit estimates but sales fall slightly short and company lowers guidance

<p>J.M. Smucker Co.’s stock SJM rose about 1% in premarket trade Tuesday, after the parent of Folgers coffee and Jif peanut butter beat profit estimates for the third quarter, while sales fell slightly short and it lowered its full-year guidance. Orrville, Ohio-based Smucker had net income of $194.9 million, or $1.91 a share, for the […]</p>
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