J.M. Smucker rises after quarterly results beat on higher prices

The J. M. Smucker

26/02/2026 12:31

Corrects second bullet to say Q3, not Q4, third bullet to say estimates of $2.27, not $2.38

** Shares of Uncrustables maker J.M. Smucker SJM.N up 6.5% at $113.52 premarket

** Co's Q3 sales rise 7% to $2.34 billion from a year ago, narrowly topping estimates of $2.32 billion - data compiled by LSEG

** Its adjusted quarterly EPS of $2.38 beat estimates of $2.27

** Sales boosted by higher net pricing for coffee and Uncrustables sandwiches, SJM says

** Co now sees fiscal 2026 net sales rising between 3.5% and 4.0%, compared with previous growth forecast of 3.5% to 4.5%, due to estimated impact of fire at its Emporia, Kansas manufacturing facility in February

** Maintains annual adjusted EPS forecast of $8.75 to $9.25

** SJM fell 11.2% in 2025

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))