Snack company’s total volume climbs over 6% in first quarter.

CEO points to improved category share performance in key markets.

Deal continues trend of portfolio refocusing by big food companies.

Chairman and CEO Mark Smucker had held post for past nine years.

Outlook maintained after positive Q1 and despite economic volatility from tariffs.

Facility part of C$65 million plan to boost manufacturing capabilities.

CEO comments after FDA moves to phase out synthetic dyes from foods, beverages.

Top executives also point to “subdued” Q1 performance by Frito-Lay.
 

Sales, volume declines attributed to weaker US consumer sentiment. 

Eyes rising trend toward high-quality, private label baked snacks.