Operator
Good morning and welcome to the J.M. Smucker Company s fiscal 2021 fourth-quarter earnings conference call. This conference is being recorded, and all participants are in a listen-only mode. [Operator instructions] I will now turn the conference over to Aaron Broholm, vice president, investor relations.
Please go ahead, sir.
Vice President, Investor Relations
Good morning and thank you for joining us for our fiscal 2021 fourth-quarter earnings conference call. In a moment, Mark Smucker, president, and CEO will give an overview of the quarter s results and an update on our strategic initiatives. Tucker Marshall, our CFO, will then provide a detailed analysis of the financial results and our fiscal 2022 outlook. During today s call, we will make forward-looking statements that reflect our current expectations about future plans and performance.
/PRNewswire/ The J.M. Smucker Co. (NYSE: SJM) will conduct its fourth quarter fiscal 2021 earnings conference call and webcast on Thursday, June 3, 2021, at.
As inflation rages, food and beverage manufacturers pass higher costs on to consumers
Coca-Cola, Nestlé and General Mills are just a few of the CPGs to announce hikes as they face a jump in expenses for ingredients, manufacturing, packaging and transportation. Published May 4, 2021 George Frey via Getty Images
Food and beverage manufacturers are facing higher input costs across their businesses, leading to a jump in the prices consumers pay for everything from peanut butter to turkey that is likely to ensnare other offerings this year.
The pressure is coming from all sides. Beverage makers are facing a jump in expenses for packaging like aluminum. Meat prices are on the rise as the cost for grain to feed animals like turkey and hogs climbs. A surge in freight, transportation and manufacturing costs as well as pandemic-related expenses also are weighing on producers. These come on top of investments by CPGs
Akron-area heavy hitters offer advice on ‘One Crucial Thing
North Coast Ventures
GOJO CEO Carey Jaros and J.M. Smucker CEO Mark Smucker were two of the presenters at North Coast Ventures One Crucial Thing virtual event on April 13.
If you had a busy Tuesday on April 13 and didn t have time for YouTube, you missed the live broadcast of North Coast Ventures One Crucial Thing virtual event. But you haven t missed it entirely.
The event had 25 speakers, including big hitters from the Akron area, such as J.M. Smucker Co. CEO Mark Smucker and GOJO CEO Carey Jaros, all giving advice to current and future entrepreneurs.