About Smucker's
Smucker's is a company based in Orrville (United States) founded in 1897 by Jerome Monroe Smucker.. The company has 8,000 employees as of April 30, 2024. Smucker's has completed 2 acquisitions, including Big Heart Pet Brands and Rowland Coffee Roasters. Smucker's offers products and services including Fruit Spreads, Peanut Butter, Syrup, and Ice Cream Toppings. Smucker's operates in a competitive market with competitors including Heinz, Sir Kensington's, Cleveland Kitchen, Yellowbird and Mike's Hot Honey, among others.
- Headquarter Orrville, United States
- Employees 8000 as on 30 Apr, 2024
- Founders Jerome Monroe Smucker
- Stage Public
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name The J.M. Smucker Company
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Annual Revenue
$8.73 B6.69as on Apr 30, 2024
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Net Profit
$-1.23 B-265.46as on Apr 30, 2024
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EBITDA
$2.05 B8.57as on Apr 30, 2024
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Latest Funding Round
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Investors
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Employee Count
8000
as on Apr 30, 2024
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Investments & Acquisitions
Big Heart Pet Brands
& 1 more
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IPO & Listings of Smucker's
Smucker's is a publicly listed company on the NYSE with ticker symbol SJM in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Smucker's
Smucker's offers a comprehensive portfolio of products and services, including Fruit Spreads, Peanut Butter, Syrup, and Ice Cream Toppings. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Jams and jellies made from fruits for spreading on bread.
Natural and organic spreads for snacks and meals.
Breakfast syrups for pancakes and desserts.
Toppings like chocolate and caramel for ice cream.
Funding Insights of Smucker's
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Smucker's
Smucker's has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Big Heart Pet Brands and Rowland Coffee Roasters. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Coffee beans are roasted and supplied by Rowland Coffee Roasters.
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1967 | ||||
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Branded pet food and snacks are produced, distributed, and marketed.
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1916 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Smuckers
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smucker's Comparisons
Competitors of Smucker's
Smucker's operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Heinz, Sir Kensington's, Cleveland Kitchen, Yellowbird and Mike's Hot Honey, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Heinz is recognized for producing condiments and packaged foods.
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| domain | founded_year | HQ Location |
Brand of ketchups, mayonnaise and sauces
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| domain | founded_year | HQ Location |
Provider of grocery and staples for consumers
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| domain | founded_year | HQ Location |
Brand of sauces
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| domain | founded_year | HQ Location |
Gluten-free hot honey is produced and distributed nationwide and worldwide.
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| domain | founded_year | HQ Location |
Pickles and condiments are produced and branded by Grillo's Pickles.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smucker's
Frequently Asked Questions about Smucker's
When was Smucker's founded?
Smucker's was founded in 1897.
Where is Smucker's located?
Smucker's is headquartered in Orrville, United States. It is registered at Orrville, Ohio, United States.
How many employees does Smucker's have?
As of Apr 30, 2024, the latest employee count at Smucker's is 8,000.
What is the annual revenue of Smucker's?
Annual revenue of Smucker's is $8.73B as on Apr 30, 2024.
What does Smucker's do?
The J.M. Smucker Company was founded in 1897 in Orrville, Ohio, United States. A variety of processed foods is produced, including coffee, snacks, spreads, frozen items, and pet foods, under brands such as Folgers, Jif, Crisco, Pillsbury, Meow Mix, and Milk-Bone. Operations focus on manufacturing and distribution through food service channels, specialty retailers, and global markets.
Who are the top competitors of Smucker's?
Smucker's's top competitors include Sir Kensington's, Heinz and Cleveland Kitchen.
What products or services does Smucker's offer?
Smucker's offers Fruit Spreads, Peanut Butter, Syrup, and Ice Cream Toppings.
Is Smucker's publicly traded?
Yes, Smucker's is publicly traded on NYSE under the ticker symbol SJM.
How many acquisitions has Smucker's made?
Smucker's has made 2 acquisitions, including Big Heart Pet Brands, and Rowland Coffee Roasters.
What is Smucker's's ticker symbol?
The ticker symbol of Smucker's is SJM on NYSE.
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