Sees risk of earnings dilution from a possible sale of its baking business.

Will consider a potential sale.

Potential deal could include Pillsbury, Robin Hood and Martha White brands.

The two companies reached an agreement in May 2017.

It is alleged Smucker would control 70% of the U.S. market for branded canola and vegetable oils if the transaction is approved.

1850 premium coffee brand to debut this spring.

Pillsbury mix business remains under pressure.