The J. M. Smucker Company (SJM)

Smucker beat expectations on both the top and bottom line in the first fiscal quarter of 2027, reported August 26, 2026, with revenue of $2.219 billion topping the $2.131 billion estimate (+4.1%) and adjusted EPS of $3.24 topping the $2.22 estimate (+45.9%). Revenue rose ~5% to about $2.2 billion (up from $2.113 billion a year ago), supported by its U.S. retail portfolio across Pet Foods, Coffee, and Consumer Foods. Profitability was high in the quarter, with gross margin at roughly 44% and operating margin at about 23%, translating to operating income of roughly $511.6 million on gross profit of about $979.6 million. Net income came in at about $324.3 million, swinging from a net loss of -$43.9 million a year ago. The company generated roughly $425.7 million of operating cash flow, and cash returns included about $5.7 million of share repurchases alongside roughly $116.8 million paid in dividends. For the next period, consensus calls for EPS of $2.54 on revenue of $2.254 billion.