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Net sales decreased $63.7 million, or 3 percent. Net sales excluding the noncomparable divested business and foreign currency exchange decreased 1 percent.
Net income per diluted share was $1.85. Adjusted earnings per share was $2.26, an increase of 4 percent.
Cash from operations was $224.0 million, an increase of 10 percent. Free cash flow was $160.6 million in the quarter, compared to $125.1 million in the prior year.
The Company updated its full-year fiscal 2020 net sales, adjusted earnings per share, and free cash flow outlook.
The following information was filed by J M Smucker Co (SJM) on Friday, November 22, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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