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About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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The J.M. Smucker Company Proves Why Staples Are Outperforming

By: MarketBeat
The J.M. Smucker Company Proves Why Staples Are Outperforming 

The J.M. Smucker Company’s (NYSE: SJM) FQ2 results prove once again why the Consumer Staples Sector (NYSEARCA: XLP) is outperforming the S&P 500 (NYSEARCA: SPY) in 2022: Pricing Power. The J.M. Smucker Company, like others in the group such as Kraft-Heinz (NASDAQ: KHC), reported better than expected results and raised the guidance for the full year on the back of demand and pricing. The company is in a great position as the owner of beloved consumer staples brands and is not only seeing sustained demand but an increase in prices that is driving margin health. Considering the staples group and The J.M. Smucker Company within it are a high-quality dividend-growing group and inflation is cutting into retail sales across the sphere, this is some of the best news the market isn’t talking about right now. 

"We delivered another quarter that exceeded our expectations, as consumers' demand for our iconic brands continued in a rising cost environment, driving robust organic top-line growth for our key focus platforms of pet, coffee, and snacking,” said Mark Smucker, Chairman of the Board, President, and Chief Executive Officer of The J.M. Smucker Company. 

The J.M. Smucker Company Rises On Margin Strength 

The J.M. Smucker Company had a good quarter but there are two issues with the revenue that might otherwise have held the price action in check. The $1.87 billion in net revenue is up 0.5% versus last year but it’s down in the 2,3, and 4-year comparisons due to the tough pandemic comps and divestitures made over the past two years. On an adjusted ex-divestiture and FX neutral basis, revenue is up 4% including the 900 basis point impact from the Jif Peanut recall which are some good numbers and supportive of price action. 

The margins were a bit soft but this is due primarily to the Jif recall and deleveraging and costs related to it. At the gross level, margins contracted in the mid-teens while at the operating level, income contracted by more than 30% but the adjusted results are better. The adjusted operating income fell only 17% and far less than expected. So, the revenue was flat and only as expected while the GAAP and adjusted earnings both came in ahead of expectations. The adjusted $1.67 beat by $0.40 which is no small margin and led the company to increase the full-year guidance as well. 

The revenue guidance was increased by 50 basis points at both ends of the range putting the target at 4% to 5% YOY growth compared to the 3.62% consensus as indicated by Marketbeat.com analyst tracking tools. This should lead to some upward revisions as well as the earnings which are now expected in a range of $8.20 to $8.60 compared to the prior top-end of $8.25 and the consensus of $8.04. Assuming consumer trends remain healthy, these figures could be cautious. 

The J.M. Smucker Is Relatively High-Yielding And A Value 

The J.M. Smucker Company is no value compared to the broad market S&P 500 but it is a bargain relative to its peers. Trading at 17X its earnings it’s far cheaper than names like Hormel (NYSE: HRL), Clorox (NYSE: CLX), and McCormick & Company (NYSE: MKC) which trade in a range of 27X to 35X their earnings while paying far smaller dividends. The J.M. Smucker Company is also a dividend grower with 19 years of consecutive annual increases to its credit and paying out only 35% of its earnings. Shares of The J.M. Smucker Company advanced 3.5% in the wake of the report and guidance increase and are on track to retest recent highs near $146.75. A break above this level would be bullish and could lead the market up another $20 to $25. 

The J.M. Smucker Company Proves Why Staples Are Outperforming 

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