Company does not see conditions improving until the second half of 2025.
 

Company outlined approach to both during investor day presentation.
 

New CEO focused on simplifying menu, pricing and app.
 

Five brands in North America negatively impacted the company’s third-quarter performance.
 

States are taking action as FDA struggles to develop a strategy.

Company issues weak preliminary fourth-quarter results.
 

J.M. Smucker is divesting the business to focus on its strategy for Hostess Brands.
 

Addition expands the company’s line of chicken items.
 

Company is planning to reduce 4% of its global workforce.

Acquisition will expand the company’s better-for-you offerings.