Three years on: Why Smucker’s $5.6bn Hostess bet still hasn’t paid off

15-07-2026 09:46 via bakeryandsnacks.com

Three years on: Why Smucker’s $5.6bn Hostess bet still hasn’t paid off

Three years after buying Hostess, Smucker has booked nearly $3bn in impairments. Here's why the Twinkie maker still hasn't cracked the turnaround.

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