secwatch.observer — SEC 8-K summary
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Issuer:     J M SMUCKER Co (SJM)
CIK:        0000091419
Form:       8-K/A
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001193125-24-013563
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smucker provides pro forma financials for Hostess Brands acquisition; pro forma net loss of $166.4M for FY2023
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- Purchase price of $5,496.7M: $3,987.8M cash, $450.2M in Smucker shares, $991.0M debt assumed.
- Pro forma net loss of $166.4M for year ended April 30, 2023; pro forma net income of $157.3M for Q1 FY2024.
- Expected $210M one-time integration costs; anticipates $100M cost savings by fiscal 2026.
- Hostess Brands contributed $1,371.5M net sales (12 months ended March 31, 2023); combined pro forma net sales $9,898.3M.
- Goodwill recorded at $7,782.3M; intangible assets adjusted to $7,431.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91419/000119312524013563/0001193125-24-013563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91419/000119312524013563/d918852d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-013563

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