Smucker Earnings Reports

The J.M. Smucker Co. reported a net loss in Q1 FY26 due to higher commodity costs and the impact of recent divestitures, although revenue remained steady and adjusted EPS was positive.

The J.M. Smucker Co. posted a Q4 net loss driven by $980M in impairment charges related to its Sweet Baked Snacks and Hostess brands. However, adjusted EPS reached $2.31 and free cash flow held steady. Revenue saw a modest decline, largely attributable to recent divestitures.

The J.M. Smucker Co. reported a 2% decline in net sales for Q3 FY25, primarily due to supply chain disruptions and lower volume/mix. The company posted a net loss per diluted share of $6.22, reflecting significant impairment charges related to the Sweet Baked Snacks reporting unit. Adjusted EPS increased by 5% to $2.61. Free cash flow declined to $151.3 million, compared to $249.6 million in the prior year.

The J.M. Smucker Co. reported a 17% increase in net sales to $2.3 billion, driven by the acquisition of Hostess Brands. Adjusted earnings per share increased by 7% to $2.76. The company updated its full-year fiscal 2025 financial outlook.

Smucker reported an 18% increase in net sales to $2.1 billion, driven by the Hostess Brands acquisition. Adjusted earnings per share increased by 10% to $2.44. The company updated its full-year fiscal 2025 financial outlook.

The J.M. Smucker Co. reported Q4 net sales of $2.2 billion, a 1% decrease year-over-year, but a 3% increase excluding acquisitions, divestitures, and foreign currency exchange. Net income per diluted share was $2.30, while adjusted EPS was $2.66, a 1% increase. The company provided FY25 outlook, expecting net sales to increase 9.5-10.5% and adjusted EPS to range from $9.80 to $10.20.

The J.M. Smucker Co. reported a 1% increase in net sales, with a 6% increase excluding acquisitions, divestitures, and foreign currency exchange. Adjusted earnings per share increased by 12% to $2.48. The company updated its full-year fiscal 2024 financial outlook and completed the acquisition of Hostess Brands.

Smucker Co. reported a net sales decrease of 12%, but net sales excluding divestiture and foreign currency exchange increased by 7%. Adjusted earnings per share increased by 8% to $2.59. The company updated its full-year fiscal 2024 financial outlook to reflect the acquisition of Hostess Brands, Inc.

Smucker's Q1 2024 results showed a decrease in net sales by 4%, but excluding the divestiture and foreign currency exchange, net sales increased by 21%. The company reported net income per diluted share of $1.79 and adjusted earnings per share of $2.21, a 32% increase. Free cash flow was $67.6 million, a significant improvement compared to the previous year.

The J.M. Smucker Co. reported a 10% increase in net sales to $2.2 billion for the fourth quarter of fiscal year 2023. Adjusted earnings per share increased by 18% to $2.64. However, the company reported a net loss per diluted share of $5.69 due to a loss related to the divestiture of certain pet food brands. The company provided fiscal year 2024 guidance, expecting comparable net sales to increase 8.5 to 9.5 percent and adjusted earnings per share to range from $9.20 to $9.60.

The J.M. Smucker Co. reported an 8% increase in net sales, with an 11% increase excluding divestitures and foreign currency exchange. Net income per diluted share was $1.95, and adjusted earnings per share decreased by 5% to $2.21. Cash from operations increased by 33%, and free cash flow was $442.7 million. The company updated its full-year fiscal 2023 financial outlook for net sales and adjusted earnings per share.

The J.M. Smucker Co. reported an 8% increase in net sales, with a comparable increase of 11% excluding divestitures and foreign currency exchange. Net income per diluted share was $1.79, while adjusted earnings per share decreased by 1% to $2.40. The company has raised its full-year fiscal 2023 financial outlook for net sales and adjusted earnings per share.

Smucker's Q1 2023 results showed a 1% increase in net sales, with a 4% increase excluding divestitures and foreign currency exchange. Adjusted EPS decreased by 12% due to the Jif® peanut butter product recall. The company increased its full-year fiscal 2023 financial outlook for net sales, adjusted earnings per share, and free cash flow.

Smucker Co. reported a 6% increase in net sales for the fourth quarter of fiscal year 2022. Net income per diluted share was $1.87, while adjusted earnings per share increased by 18% to $2.23. The company provided its fiscal year 2023 outlook, with an expected net sales increase of 3.5 to 4.5 percent and adjusted earnings per share to range from $7.85 to $8.25.

Smucker Co. announced Q3 2022 results with a 1% decrease in net sales, but a 4% increase excluding divestitures and foreign currency exchange. Net income per diluted share decreased by 72% due to an intangible asset impairment charge, while adjusted earnings per share decreased by 5%. The company updated its full-year fiscal 2022 financial outlook, expecting continued cost inflation and supply chain disruptions.

Smucker's second quarter results exceeded expectations with an 8 percent increase in comparable net sales. The company updated its full-year fiscal 2022 financial outlook, increasing net sales and adjusted earnings per share expectations despite rising cost inflation and supply chain disruption.

Smucker Co. reported a decrease in net sales by 6%, but excluding divestitures and foreign currency exchange, net sales increased by 1%. Adjusted earnings per share decreased by 20%. The company updated its full-year fiscal 2022 financial outlook, expecting net sales to decrease by 1.5 to 2.5 percent.

The J.M. Smucker Co. announced its Q4 2021 results, with net sales decreasing by 8% and adjusted earnings per share decreasing by 26%. However, the company exceeded expectations for net sales, adjusted earnings per share, and free cash flow, driven by sustained elevated demand for at-home food and coffee consumption.

Smucker Co. reported a 5% increase in net sales, with a 7% increase excluding divested businesses and foreign currency exchange. Adjusted earnings per share increased by 4%. The company also increased its full-year fiscal 2021 net sales, adjusted earnings per share, and free cash flow outlook.

The J.M. Smucker Co. reported a net sales increase of 4 percent and adjusted earnings per share increase of 6 percent. The company also increased its full-year fiscal 2021 net sales, adjusted earnings per share, and free cash flow outlook.

Smucker announced strong first quarter results, exceeding expectations with growth across U.S. and International retail businesses, partially offset by a decline in the Away From Home business. Net sales increased by 11%, adjusted earnings per share rose by 50%, and free cash flow significantly increased compared to the prior year. The company raised its full-year fiscal 2021 outlook for net sales, adjusted earnings per share, and free cash flow.

Smucker's Q4 2020 net sales increased by 10% due to higher consumer demand from the COVID-19 pandemic. Net income per diluted share was $1.98, while adjusted earnings per share increased by 24% to $2.57. The company provided its fiscal 2021 outlook, expecting a net sales decline of 1 to 2 percent and adjusted earnings per share to range from $7.90 to $8.30.

Smucker Company announced its Q3 2020 results with net sales decreasing by 2 percent, primarily due to declines in the U.S. Retail Pet Foods segment. Adjusted earnings per share increased by 4 percent, and free cash flow was strong at $465.1 million. The company reaffirmed its full-year fiscal 2020 outlook for net sales, adjusted earnings per share, and free cash flow.