Key Takeaways J.M. Smucker reported better-than-expected quarterly profit on cost-cutting, higher prices, and the addition of Hostess Brands to its portfolio of foods. CEO Mark Smucker said the Hostess Brands acquisition strengthened its business for long-term growth. Smucker anticipates full-year revenue will jump 9.5% to 10.5% year-over-year. Shares of The J.M. Smucker Co. (SJM) advanced Thursday after the food producer beat profit estimates as it cut costs, raised prices, and benefited from its purchase ...