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 brand performance, especially Café Bustelo. The company improved operating cash flow and expects fiscal 2027 earnings between $9.75 and $10.25 per share, though it forecasts a slight sales decline due to reduced pricing benefits and volume. JM Smucker plans to reduce debt and may resume share buybacks as leverage decreases, while cautioning about inflation risks from geopolitical tensions.
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 ...
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...
