Food manufacturer J.M. Smucker Co. said sales in the second quarter rose, as higher prices and demand helped it navigate higher costs and supply chain challenges.
On Tuesday, the company behind Jif peanut butter, its namesake jellies and Folgers coffee said net sales were $2.05 billion in its fiscal second quarter, up from $2.03 billion a year earlier. Analysts polled by FactSet expected $1.95 billion.
