J.M. Smucker Co. reported a 6% increase in net sales to $2.3 billion and a 20% rise in adjusted earnings per share to $2.77 for Q4 fiscal 2026, driven by higher prices despite volume declines. Full-year sales rose 4% to $9.1 billion, with adjusted EPS down 10% to $9.15. The company expects fiscal 2027 net sales to decline 3-4%, but adjusted EPS to increase to $9.75-$10.25, supported by improved profitability and disciplined capital management. Free cash flow remains strong, with $484 million in Q4 and $1.2 billion for the year.
JM Smucker reported fiscal Q4 2026 adjusted earnings of $2.77 per share, surpassing analysts' $2.64 estimate, with net sales up 6% to $2.268 billion. Growth was driven by a 12% increase in U.S. retail coffee sales, aided by pricing actions and strong...
JM Smucker reported stronger-than-expected Q4 results with net sales of $2.27 billion, a 6% increase year-over-year, driven by a 12% sales rise in its US Retail Coffee segment including Dunkin', Folgers, and Cafe Bustelo. Adjusted EPS of $2.77 beat e...
J.M. Smucker Company reported strong fiscal Q4 results, surpassing earnings per share and revenue expectations. The company maintains a Buy rating due to attractive valuation and technical factors, with shares trading over 20% below fair value based ...
US stock markets fell last week despite record highs, with tech and semiconductor shares dropping sharply after a strong May jobs report raised concerns about prolonged Federal Reserve rate hikes. The Nasdaq fell 4.68%, and semiconductor ETFs saw the...
