| Address:
|
STRAWBERRY LN
|
| City: |
ORRVILLE |
|
State: |
OH |
|
Zip Code: |
44667 |
| Telephone: |
330-682-3000 |
|
Description of Business
|
Primary SIC Code:
2033 |
| (As filed with the SEC)
|
|
|
The Company. The J. M. Smucker Company (the "Company") was established in
1897 and was incorporated in Ohio in 1921. The Company, often referred to as
Smucker's (a registered trademark), operates principally in one industry, the
manufacturing and marketing of branded food products on a worldwide basis,
although the majority of the Company's sales are in the U.S. The Company's
operations outside the U.S. are principally in Canada although products are
exported to other countries as well. Sales outside the U.S. represented
approximately 10 percent of consolidated Company sales for fiscal 2011. The
Company's branded food products include a strong portfolio of trusted, iconic,
market-leading brands that are sold to consumers through retail outlets in North
America.
On November 6, 2008, the Company completed a merger transaction with The
Folgers Coffee Company ("Folgers"), a subsidiary of The Procter & Gamble Company
("P&G"). ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 10/2011 | 4.67 | 0.480 | 16.49 | | 07/2011 | 4.18 | 0.480 | 18.64 | | 04/2011 | 4.69 | 0.440 | 16.01 | | 01/2011 | 4.24 | 0.440 | 14.66 | | 10/2010 | 4.26 | 0.400 | 15.09 | | 07/2010 | 4.18 | 0.400 | 14.70 | | 04/2010 | 4.15 | 0.400 | 14.72 | | 01/2010 | 3.97 | 0.350 | 15.13 |
Key Financial Ratios and Statistics |
FYE:
04/30 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.11 | Total Liab/Total Assets | 0.36 | | Net Inc/Total Assets | 0.06 | Total Liab/Inv Cap | 0.39 | | Net Inc/Inv Cap | 0.06 | Total Liab/Comm Equity | 0.69 | | Pretax Inc/Net Sales | 0.15 | Interest Coverage Ratio | 11.30 | | Net Inc/Net Sales | 0.10 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.08 | LTD/Equity | 0.25 | | SG&A/NetSales | 0.18 | Total Debt/Equity | 0.25 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 16.55 | Quick Ratio | 1.60 | | Inventory Turnover | 3.99 | Current Ratio | 3.39 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.21 | | Net Sales/Work Cap | 4.18 | Inv/Curr Assets | 0.53 | | Net Sales/PP&E | 5.56 | | |
Income Statement (Millions) |
| |
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Total Revenues(Net Sales)
|
1,513.91
|
1,188.88
|
1,187.17
|
1,312.35
|
|
Cost of Goods Sold
|
1,015.24
|
757.80
|
766.17
|
837.94
|
|
Selling & Admin Exps
|
237.98
|
215.56
|
220.09
|
214.62
|
|
Operating Income
|
211.61
|
180.70
|
166.11
|
212.96
|
|
Interest Exp
|
19.45
|
15.42
|
16.42
|
18.13
|
|
Pretax Income
|
193.20
|
166.83
|
149.90
|
195.78
|
|
Other Income
|
-10.25
|
1.55
|
0.22
|
0.95
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
127.25
|
111.52
|
94.88
|
132.00
|
|
Assets
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Cash & Short Term Investments
|
496.29
|
102.48
|
319.85
|
588.18
|
|
Receivables - Total
|
462.17
|
350.29
|
344.41
|
289.55
|
|
Inventories - Total
|
1,143.95
|
1,213.82
|
863.58
|
735.28
|
|
Total Current Assets
|
2,193.71
|
1,739.77
|
1,637.00
|
1,689.06
|
|
Net Property, Plant & Equipment
|
948.23
|
925.69
|
867.88
|
841.07
|
|
Total Assets
|
9,215.42
|
8,782.02
|
8,324.59
|
8,358.75
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
357.68
|
407.82
|
417.76
|
257.14
|
|
Debt in Current Liabilities
|
NA
|
306.70
|
0.00
|
0.00
|
|
Total Current Liabilities
|
544.92
|
875.23
|
482.68
|
422.76
|
|
Long-Term Debt
|
2,071.85
|
1,318.49
|
1,304.04
|
1,300.00
|
|
Total Liabilities
|
3,852.07
|
3,433.77
|
3,032.22
|
2,995.45
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
0.00
|
NA
|
|
Common Stock
|
28.46
|
28.60
|
28.54
|
28.99
|
|
Retained Earnings
|
977.70
|
922.94
|
866.93
|
887.84
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
5,363.35
|
5,348.25
|
5,292.36
|
5,363.30
|
|
Total Liabilities and Stockholders' Equity
|
9,215.42
|
8,782.02
|
8,324.59
|
8,358.75
|
Cash Flow Summary (Millions) |
|
Categories
|
10/31/2011
|
7/31/2011
|
4/30/2011
|
1/31/2011
|
|
Net Cash Provided by Operating Activities
|
118.17
|
-58.24
|
-2.82
|
374.83
|
|
Net Cash Provided by Investing Activities
|
-60.27
|
-411.77
|
-48.15
|
-35.01
|
|
Net Cash Provided by Financing Activities
|
340.63
|
253.93
|
-184.99
|
-279.53
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 04/2007 | 2,148.02 | 157.22 | 2.76 | | 04/2008 | 2,524.77 | 170.38 | 3.00 | | 04/2009 | 3,757.93 | 265.95 | 3.12 | | 04/2010 | 4,605.29 | 494.14 | 4.15 | | 04/2011 | 4,825.74 | 479.48 | 4.69 | | Growth Rates | 22.43 | 32.15 | 14.17 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 536 | 83,379 | 73.55 |
|
Report Date :
2/6/2012
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