Latest news with #Uncrustables
Time of India
3 days ago
- Sport
- Time of India
Why Uncrustables have become the NFL's unofficial locker room fuel, with 80,000 eaten every year
NFL players can't stop eating Uncrustables—over 80,000 consumed every year (X) NFL stars might be among the world's most finely tuned athletes, but when it comes to snacking, many stick to something straight from the schoolyard lunchbox: Uncrustables. These sealed, crust-free peanut butter and jelly sandwiches have become a surprising staple across the league — even more popular than the longtime halftime favorite, orange slices. This childhood snack is dominating NFL locker rooms—players reportedly eat 80,000 Uncrustables a year What started as a quirky discovery by The Athletic while investigating the league's halftime habits has since evolved into a full-blown phenomenon. In an era of protein shakes and performance bars, Uncrustables are thriving. After surveying 24 of the NFL's 32 teams at the end of the 2023 season, The Athletic learned that players consume 'at least 80,000 Uncrustables a year,' factoring in games, practices, and training camps. That staggering number could stretch over 18 yards of a football field if laid end to end. The team with the most ravenous appetite? The Denver Broncos, who reportedly crush an astonishing 7,000 Uncrustables each week. The Seattle Seahawks followed with 3,200, while the Jacksonville Jaguars and Miami Dolphins were not far behind. On the flip side, the Cincinnati Bengals and New Orleans Saints tied for last place — if you can call it that — with 500 sandwiches per week. Interestingly, Uncrustables have a direct tie to football. The product was co-created by former North Dakota State University wide receiver Len Kretchman and his wife Emily. In the '90s, Emily suggested making a peanut butter and jelly sandwich without the crust that could be mass-produced. From a simple idea in their kitchen using a drinking glass to cut and seal the bread, the product eventually evolved. In 1999, Smucker's purchased their company and turned Uncrustables into a national hit. NFL players quickly embraced the snack. Jeff Saturday, former Indianapolis Colts center, remembered the sandwiches being a hit during Super Bowl week in 2007: 'We were all scoopin' and scorin'. We were grabbing five, six at a time.' Despite getting smashed under playbooks in gym bags, Saturday said, 'Didn't matter. You could throw your playbook on top of 'em, didn't make any difference. Squished, unsquished, you're gonna crush it. ' The tradition lives on. San Francisco 49ers quarterback Brock Purdy reportedly ate one at his locker before the Super Bowl. Kansas City Chiefs' Travis Kelce admitted on his New Heights podcast, 'I eat more of those sandwiches than anything else in the world.' George Kittle of the 49ers munches on two before away games and up to four afterward. As Saturday summed it up: 'We're all creatures of habit, dude. Almost freakishly. If you're a two-Uncrustables-a-day kind of guy, that's just what you do.' Whether it's nostalgia, convenience, or just plain taste, one thing's clear — in the NFL, Uncrustables aren't just surviving, they're thriving. Also Read: Gisele Bundchen gives Tom Brady a cold, silent Father's Day while she chooses peace and passion with Joaquim Valente Game On Season 1 kicks off with Sakshi Malik's inspiring story. Watch Episode 1 here
Yahoo
4 days ago
- Business
- Yahoo
Stifel Cuts J. M. Smucker's (SJM) PT, Maintains Hold
The J. M. Smucker Company (NYSE:SJM) is one of the 10 stocks that Jim Cramer and analysts are watching. On June 11, Stifel analyst Matthew Smith cut the price target on the stock from $120 to $106 and maintained a Hold rating. The firm noted that while the company posted a stronger-than-expected fourth quarter, its FY26 outlook suggests an 11% drop in EPS, which came in about 13% below the firm's forecast. The analyst lowered the FY26 EPS estimate by $ 1.43 to $8.95, mainly due to weaker performance in Coffee and Sweet Baked Goods. On the same day, several other firms, including Stifel, Barclays, and BofA, revised their price targets downward on J. M. Smucker (NYSE:SJM) stock. A wholesaler distributing peanut butter, fruit spreads and specialty spreads to a retailer. On June 10, Cramer discussed The J. M. Smucker Company (NYSE:SJM) and said: 'But let's look at the other way. Let's talk about what old folks were interested in. There's a company called J.M. Smucker. It makes coffee jams and pet food, Uncrustables, Twinkies. It's covered by 15 different firms… It's real. We've all bought their stuff. Two years ago, right at the time that the GLP-1 drugs came of age and we went nuts for the weight loss shots, J.M. Smucker didn't seem to notice. They ran into the fire, they bought Hostess, that's right, Hostess, maker of Twinkies, for $5.6 billion in November of 2023. Today, they took a $980 million impairment charge for that transaction. I doubt that'll be the last one, as Twinkies and Ho Hos may not turn very well. Let's just say they're going nowhere. They also took a big hit from tariffs and higher coffee costs. Smucker's talking about a 20% boost in coffee prices. That's not going to help demand. In the wake of the news, the stock plunged more than 15%. Nearly every analyst who covers it had tough things to say about the business, all major firms.' The J. M. Smucker Company (NYSE:SJM) produces and sells a wide range of branded food and beverage products, including coffee, snacks, spreads, pet food, baked goods, and frozen items. While we acknowledge the potential of SJM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
The J. M. Smucker Company (SJM): The Disaster Was 'Jarring,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where The J. M. Smucker Company (NYSE:SJM) stands against other stocks that Jim Cramer discusses. The J. M. Smucker Company (NYSE:SJM) is one of America's largest food products companies known for its well-known brands such as Folgers and Dunkin. The stock has bled 14% year-to-date primarily on the back of an unbelievable 15.6% share price drop in June. The J. M. Smucker Company (NYSE:SJM)'s shares tanked after the firm's midpoint annual earnings per share guidance of $9 missed average analyst estimates of $10.23 by a wide margin. During the call, the firm's management warned that its green coffee supply could be impacted by tariffs and added that it expects to continuously face demand and inflationary pressures. The J. M. Smucker Company (NYSE:SJM)'s quarterly revenue of $2.14 billion also missed analyst estimates of $2.19 billion. Cramer was shaken by the results: 'But the Smucker disaster yesterday was jarring. Including the gigantic charge they took on Hostess Twinkies. Mark Smucker should not have bought that.' A wholesaler distributing peanut butter, fruit spreads and specialty spreads to a retailer. Ahead of the earnings, Cramer warned that The J. M. Smucker Company (NYSE:SJM) was going 'nowhere': 'But let's look at the other way. Let's talk about what old folks were interested in. There's a company called J.M. Smucker. It makes coffee jams and pet food, Uncrustables, Twinkies. It's covered by 15 different firms… It's real. We've all bought their stuff. Two years ago, right at the time that the GLP-1 drugs came of age and we went nuts for the weight loss shots, J.M. Smucker didn't seem to notice. They ran into the fire, they bought Hostess, that's right, Hostess, maker of Twinkies, for $5.6 billion in November of 2023. Today, they took a $980 million impairment charge for that transaction. I doubt that'll be the last one, as Twinkies and Ho Hos may not turn very well. Let's just say they're going nowhere. They also took a big hit from tariffs and higher coffee costs. Smucker's talking about a 20% boost in coffee prices. That's not going to help demand. In the wake of the news, the stock plunged more than 15%. Nearly every analyst who covers it had tough things to say about the business, all major firms.' While we acknowledge the potential of SJM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
6 days ago
- Business
- Yahoo
The J. M. Smucker Company (SJM): The Disaster Was 'Jarring,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where The J. M. Smucker Company (NYSE:SJM) stands against other stocks that Jim Cramer discusses. The J. M. Smucker Company (NYSE:SJM) is one of America's largest food products companies known for its well-known brands such as Folgers and Dunkin. The stock has bled 14% year-to-date primarily on the back of an unbelievable 15.6% share price drop in June. The J. M. Smucker Company (NYSE:SJM)'s shares tanked after the firm's midpoint annual earnings per share guidance of $9 missed average analyst estimates of $10.23 by a wide margin. During the call, the firm's management warned that its green coffee supply could be impacted by tariffs and added that it expects to continuously face demand and inflationary pressures. The J. M. Smucker Company (NYSE:SJM)'s quarterly revenue of $2.14 billion also missed analyst estimates of $2.19 billion. Cramer was shaken by the results: 'But the Smucker disaster yesterday was jarring. Including the gigantic charge they took on Hostess Twinkies. Mark Smucker should not have bought that.' A wholesaler distributing peanut butter, fruit spreads and specialty spreads to a retailer. Ahead of the earnings, Cramer warned that The J. M. Smucker Company (NYSE:SJM) was going 'nowhere': 'But let's look at the other way. Let's talk about what old folks were interested in. There's a company called J.M. Smucker. It makes coffee jams and pet food, Uncrustables, Twinkies. It's covered by 15 different firms… It's real. We've all bought their stuff. Two years ago, right at the time that the GLP-1 drugs came of age and we went nuts for the weight loss shots, J.M. Smucker didn't seem to notice. They ran into the fire, they bought Hostess, that's right, Hostess, maker of Twinkies, for $5.6 billion in November of 2023. Today, they took a $980 million impairment charge for that transaction. I doubt that'll be the last one, as Twinkies and Ho Hos may not turn very well. Let's just say they're going nowhere. They also took a big hit from tariffs and higher coffee costs. Smucker's talking about a 20% boost in coffee prices. That's not going to help demand. In the wake of the news, the stock plunged more than 15%. Nearly every analyst who covers it had tough things to say about the business, all major firms.' While we acknowledge the potential of SJM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
15-06-2025
- Business
- Yahoo
3 Reasons Why This Dirt Cheap High-Yield Dividend Stock Is a Buy for the Second Half of 2025
Packaged food companies are in an industry-wide downturn. J.M. Smucker continues to generate excellent free cash flow to support its growing dividend. The stock's valuation is beyond cheap. 10 stocks we like better than J.M. Smucker › J.M. Smucker's (NYSE: SJM) stock price tumbled 15.6% on Tuesday after the packaged food giant reported fourth-quarter fiscal 2025 results and updated its fiscal 2026 guidance. The stock price of the maker of Uncrustables, Folgers, Jif peanut butter, Twinkies, pet brand Milk-Bone, and other products is now hovering around its lowest level in over a decade. Here are three reasons why the sell-off has made J.M. Smucker too cheap to ignore, and why the high-yield dividend stock is a great buy for the second half of 2025. Net sales fell 3% year over year in J.M. Smucker's Q4 but were still up a solid 7% for the full fiscal year. Adjusted earnings per share (EPS) rose 2% to $10.12. For fiscal 2026, the company expects net sales to increase by 2% to 4%, but adjusted EPS to fall to $8.50 to $9.50. The stock is likely taking a hit because earnings are sliding, and it remains to be seen if the company will be able to pass along cost pressures to consumers. For example, coffee net sales rose 11% in the company's latest quarter, but that was heavily due to price increases from June and October of last year. J.M. Smucker is dealing with record-high green (unroasted) coffee production costs. So it plans to hike prices again in May and stage yet another price increase in August. J.M. Smucker said it will be able to offset higher costs if the price increases work. But if customers push back on these price hikes, then sales volumes would decline, affecting profitability. However, the company believes that its at-home coffee brands will appeal to people looking for affordable experiences outside of coffee shops. Price increases are happening across the company's portfolio. J.M. Smucker just increased prices on its popular Uncrustables sandwiches for the first time in over three years, as net sales in its Frozen Handheld and Spreads segment ground to a halt. For pet foods, the company is seeing good results from its Meow Mix cat brand, but weakness from dog brand Milk-Bone as consumers pull back on discretionary spending -- like on dog treats. Sweet Baked Snacks continues to be one of the worst performers for J.M. Smucker, dragged down by Hostess. J.M. Smucker bought Hostess Brands in November 2023 for $5.6 billion -- which, in hindsight, was not a good use of capital. For context, J.M. Smucker's market cap has fallen to just $10.05 billion -- and Hostess is not even close to being worth half of the company. In J.M. Smucker's latest quarter, Sweet Baked Sales was the company's smallest segment by revenue, generating roughly 12% of total net sales. The segment had by far the worst comparable results, with net sales down 26% year over year. Longer term, J.M. Smucker expects the Sweet Baked Snacks segment to achieve just 3% net sales growth per year. J.M. Smucker generated $816.6 million in free cash flow (FCF) in fiscal 2025, which was plenty to cover $455.4 million in dividend payments. For fiscal 2026, management expects even higher FCF of $875 million, which is roughly double its dividend. On the earnings call, management said that it is confident in the company's ability to deliver $1 billion in annual FCF over the long term. Despite lackluster results, J.M. Smucker maintains a cash flow that can support its growing dividend. The company has raised its dividend for 29 consecutive years, making it a reliable source of passive income. Its yield has ballooned to 4.6% due to the sell-off in the stock and continuous dividend raises. Typically, when a company's yield jumps, it can be a red flag that its dividend is becoming unaffordable. But that's not the case with J.M. Smucker. The company has an FCF yield of 6.5%, meaning it could theoretically support a 6.5% dividend yield if it funded the whole expense with FCF. Based on the company's long-term guidance for $1 billion in FCF and a market cap around $10 billion, simple math tells us that J.M. Smucker would have an FCF yield of a whopping 10% if its stock price stayed depressed and it hit its FCF target. All told, J.M. Smucker is a solid source of passive income even during this challenging operating environment. Based on its fiscal 2026 guidance for $875 million in FCF and $8.50 to $9.50 in adjusted EPS, J.M. Smucker has a forward price-to-FCF ratio of just 11.5 and a forward price-to-earnings ratio of 10.5 at the midpoint of its adjusted earnings guidance. These are bargain-bin levels, even for a traditionally low-growth company. For context, J.M. Smucker's 10-year median price-to-FCF ratio is 15.4, and its 10-year median P/E is 21.6. This suggests that the company is being valued at a steep discount compared to historical averages. J.M. Smucker stock is under pressure because its earnings are falling, and it increasingly relies on price hikes to offset costs across key categories. During inflationary periods, investors may want to take caution when looking at a company's sales growth and focus more on operating margins and earnings. J.M. Smucker is guiding for a slight increase in net sales in its upcoming fiscal year. But if costs are rising at an even faster rate, it's really a net negative in sales growth. Cost pressures and potential volume declines are likely why J.M. Smucker is guiding for lower earnings in fiscal 2026. The outlook is bleak, but J.M. Smucker has already delivered a lot of bad news, setting the stage for a recovery in the stock even if results are just mediocre. For example, the company has reset expectations for Hostess so investors can digest the poor acquisition and move on. Investors can also appreciate that the company is foreshadowing price increases to offset costs, rather than surprising them later in the fiscal year. There are valid reasons for the stock's pullback, but J.M. Smucker is simply too beaten down for a company that continues to generate tons of FCF and can afford to grow its dividend. Investors are getting an opportunity to scoop up shares of this high-yield dividend stock at a bargain level, making it a great buy for the second half of 2025. Before you buy stock in J.M. Smucker, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and J.M. Smucker wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $888,780!* Now, it's worth noting Stock Advisor's total average return is 999% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Daniel Foelber has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends J.M. Smucker. The Motley Fool has a disclosure policy. 3 Reasons Why This Dirt Cheap High-Yield Dividend Stock Is a Buy for the Second Half of 2025 was originally published by The Motley Fool
