SJM J M SMUCKER Co
Price Chart
Executive Summary
J.M. Smucker reported fiscal Q4 2026 adjusted EPS of $2.77, a 20% YoY increase, on net sales of $2.27B (+6% YoY). The company issued a mixed FY2027 outlook: net sales expected to decline 3-4% but adjusted EPS guided to $9.75-$10.25, representing 7-12% growth. The strong Q4 beat is offset by a concerning top-line guidance decline.
Key Financial Metrics
Actionable Insight
The Q4 beat is positive but the FY2027 revenue decline guidance is a significant headwind. Watch for commentary on volume trends and tariff impacts during the Q&A. The coffee segment margin compression (-280bps) despite 12% sales growth bears monitoring as it suggests cost inflation is outpacing pricing power.
Key Facts
- Q4 2026 adjusted EPS $2.77 vs $2.31 YoY, a 20% increase
- Q4 net sales $2.27B, up 6% YoY (6% ex-divestitures/FX)
- FY2027 guidance: net sales decline 3-4%, adjusted EPS $9.75-$10.25 (7-12% growth)
- FY2026 adjusted EPS $9.15, down 10% YoY; net sales $9.05B, up 4%
- Q4 operating cash flow $579.2M vs $393.9M YoY; free cash flow $483.9M vs $298.9M
- Total debt repayment for FY2026 was $720.0M
- U.S. Retail Coffee segment profit up only 1% despite 12% sales growth; margins compressed 280bps
Financial Impact
Q4 adjusted EPS beat consensus by ~5% ($2.77 vs $2.64 est); FY2027 EPS guidance midpoint $10.00 implies 9% YoY growth despite 3.5% top-line decline
Risk Factors
- FY2027 net sales expected to decline 3-4%, driven by lower net price realization and volume/mix decline
- Coffee segment margins compressed 280bps YoY despite 12% sales growth, indicating cost inflation
- Sweet Baked Snacks segment sales declined 5% (4% ex-divestitures) with 12% volume decline
- Guidance does not assume any impacts from new or changes to existing tariffs
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000091419-26-000047 |
| Document: sjm-20260609.htm | 0000091419-26-000047 |
| Document: 0000091419-26-000047-index-headers.html | 0000091419-26-000047 |
| Document: 0000091419-26-000047-index.html | 0000091419-26-000047 |
| Document: 0000091419-26-000047.txt | 0000091419-26-000047 |
| 8-K Data (Synthetic) | 0000091419-26-000047 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
5d ago
|
8-K
| $103.11 awaiting T+60 | awaiting T+60 | — | $116.49 (+12.98%) |
|
Feb 26, 2026
15w ago
|
8-K
| $115.58 $101.91 | ▼ −11.82% | ▼ −19.57% | $116.49 (+0.79%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access