JM Smucker beats earnings estimates, boosted by higher coffee prices and strong sales growth.

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.