Key TakeawaysJ.M. Smucker reduced its full-year outlook Wednesday as inflation cut into consumer discretionary spending.Fiscal 2025 first-quarter revenue was also slightly below estimates.CEO Mark Smucker explained that the pullback by consumers has particularly hit sales of its Hostess products. Shares of J.M. Smucker (SJM) dropped Wednesday after the food maker's quarterly sales came in slightly below forecasts and it cut its full-year guidance as inflation limited consumer spending for its products. The ...