J.M. Smucker Q4 sales slightly beat estimates on higher net pricing

The J. M. Smucker

09/06/2026 12:13

Overview
U.S. food and pet products maker's fiscal Q4 net sales rose 6%, slightly beating analyst expectations
Adjusted EPS for fiscal Q4 increased 20% and beat analyst expectations
Company cites higher net pricing, mainly in coffee and sweet baked goods, as key driver

Outlook
J.M. Smucker expects FY27 net sales to decrease 3.0-4.0% versus prior yr
Company sees FY27 adjusted EPS between $9.75 and $10.25
J.M. Smucker expects FY27 free cash flow of about $1.0 bln

Result Drivers
HIGHER NET PRICING - Q4 sales growth was primarily driven by higher net pricing, especially in coffee and sweet baked goods
US RETAIL COFFEE - Lower marketing spend and cost controls contributed to segment profit growth

Company press release: ID:nPn6njsGJa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Beat*
$2.27 bln
$2.26 bln (16 Analysts)
Q4 Adjusted EPS
Beat
$2.77
$2.64 (17 Analysts)
Q4 EPS
 
$3.64
 
Q4 Net Income
 
$388.1 mln
 
Q4 Adjusted Operating Income
Beat
$482.10 mln
$454.02 mln (12 Analysts)
Q4 Operating Income
 
$444.50 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for J.M. Smucker Co is $117.00, about 15% above its June 8 closing price of $101.77
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)