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 estimates by 5%, marking a 20% year-over-year improvement. Despite a forecasted 3-4% sales decline in fiscal 2027 due to green coffee deflation, the company expects gross margin expansion and raised its full-year EPS guidance above consensus. JM Smucker also plans to maintain its quarterly dividend and generate $875 million in free cash flow next 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...
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 ...
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 EP...
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...
