Smucker to Acquire Hostess Brands for $5.5 bln.

• Pomerantz LLP investigating Smucker investor claims. • Securities fraud or unlawful business practices suspected. • $5.5 billion Hostess Brands acquisition closed in 2023. • $2.4 billion recorded as goodwill in Sweet Baked Snacks segment. • Q3 2025 results show 8% comparable net sales decrease. • $794 million impairment charge for Sweet Baked Snacks goodwill. • $208 impairment charge for Hostess Brand trademark.

NEW YORK, July 2, 2025 — Pomerantz LLP has initiated an investigation into claims on behalf of investors of Smucker, Inc. (NASDAQ: SMK), following allegations of securities fraud or unlawful business practices. Investors are advised to contact Danielle Peyton at 646-581-9980, ext. 7980, for more information.

The investigation comes amidst Smucker's Q3 2025 results, which revealed an 8% decrease in comparable net sales. The company also reported a significant impairment charge of $794 million for goodwill in the Sweet Baked Snacks segment, stemming from the $5.5 billion Hostess Brands acquisition in 2023. Additionally, Smucker recorded a $208 million impairment charge for the Hostess Brand trademark.

In 2023, Smucker completed the acquisition of Hostess Brands, which included the Sweet Baked Snacks segment. The acquisition was significant, with $2.4 billion recorded as goodwill. However, the recent impairment charges suggest that the expected synergies and revenue growth from the acquisition have not materialized as anticipated.

Smucker's Q3 2025 results highlight the challenges the company is facing in integrating the Hostess Brands acquisition. The impairment charges indicate that the company may have overvalued certain assets, potentially leading to a misrepresentation of financial health. Investors are closely watching the situation, as it could have broader implications for the company's future performance and stock price.

Pomerantz LLP, known for its expertise in securities class actions, is investigating whether Smucker and its officers or directors have engaged in any unlawful activities. The firm's inquiry aims to determine if investors were misled by any false or misleading statements or omissions in Smucker's financial disclosures.

Investors are advised to stay informed about the investigation and its potential outcomes. The investigation could lead to legal action, which could result in financial recovery for affected investors.

References:
[1] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-exelixis-inc---exel-302519136.html
[2] https://www.nasdaq.com/articles/itt-itt-q2-eps-jumps-10