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JM Smucker Company Q1 Adjusted Earnings, Revenue Rise

JM Smucker Company Q1 Adjusted Earnings, Revenue Rise

MT newswireMT newswire2026/08/26 11:25
07:25 AM EDT, 08/26/2026 (MT Newswires) -- JM Smucker Company (SJM) reported fiscal Q1 adjusted earnings Wednesday of $3.24 per diluted share, up from $1.90 a year earlier. Analysts polled by FactSet expected $2.22. Revenue for the quarter ended July 31 was $2.22 billion, up from $2.11 billion a year earlier. Analysts expected revenue of $2.13 billion. The company raised its fiscal 2027 outlook, now expecting net sales to decline 1%-2%, compared with the previous forecast of a 3%-4% decline, while adjusted EPS is now projected at $10.50-$11.00, up from $9.75-$10.25. Analysts surveyed by FactSet expect EPS of $10.07. The company declared a quarterly dividend of $1.12 per common share, up from $1.10 a year earlier.
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