Quarterly ResultJun 9, 2026, 07:11 AM
J.M. Smucker Q4 Sales Up 6% to $2.3B; FY27 Outlook Projects Sales Decline
AI Summary
The J.M. Smucker Co. announced its fourth quarter and full-year fiscal year 2026 results. The company reported a 6% increase in net sales for the fourth quarter to $2.3 billion and a 20% increase in adjusted earnings per share to $2.77. For the full fiscal year, net sales increased 4% to $9.1 billion, while adjusted earnings per share decreased 10% to $9.15. The company also provided its outlook for fiscal year 2027, expecting net sales to decrease by 3.0% to 4.0% and adjusted earnings per share to range from $9.75 to $10.25.
Key Highlights
- J.M. Smucker Co. reported Q4 FY26 net sales of $2.3 billion, up 6% year-over-year.
- Adjusted earnings per share (EPS) for Q4 FY26 increased 20% to $2.77.
- Full-year FY26 net sales were $9.1 billion, up 4% year-over-year.
- Full-year FY26 adjusted EPS decreased 10% to $9.15.
- Cash provided by operations for Q4 FY26 was $579.2 million, up from $393.9 million in the prior year.
- Free cash flow for Q4 FY26 was $483.9 million, up from $298.9 million in the prior year.
- The company expects FY27 net sales to decrease 3.0% to 4.0%.
- FY27 adjusted EPS is projected to be between $9.75 and $10.25.
Price Impact
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