SJM Stock - The J. M. Smucker Company
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $8.73B | $8.18B | $8.53B | $8.00B | $8.00B |
| Gross Profit | $3.38B | $3.12B | $2.80B | $2.70B | $3.14B |
| Gross Margin | 38.8% | 38.1% | 32.8% | 33.8% | 39.2% |
| Operating Income | $-673,900,000 | $1.31B | $157.50M | $1.02B | $1.39B |
| Net Income | $-1,230,800,000 | $744.00M | $-91,300,000 | $631.70M | $876.30M |
| Net Margin | -14.1% | 9.1% | -1.1% | 7.9% | 11.0% |
| EPS | $-11.57 | $7.14 | $-0.86 | $5.84 | $7.79 |
The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in three segments: U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches and snacks; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking mixes and ingredients. It provides its products under the Meow Mix, 9Lives, Kibbles 'n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish and Nature's Recipe, Folgers, Café Bustelo, Dunkin', Folgers, Café Bustelo, 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, natural foods stores and distributors, drug stores, military commissaries, and mass merchandisers. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| September 12th 2025 | Argus | Downgrade | Hold | - |
| August 20th 2025 | JP Morgan | Upgrade | Overweight | $129 |
| July 9th 2025 | BNP Paribas Exane | Upgrade | Outperform | $120 |
| July 7th 2025 | RBC Capital Mkts | Initiation | Outperform | $130 |
| June 11th 2025 | Jefferies | Upgrade | Buy | $115 |
| April 23rd 2025 | UBS | Initiation | Buy | $134 |
| March 24th 2025 | Morgan Stanley | Initiation | Overweight | $123 |
| January 8th 2025 | TD Cowen | Downgrade | Hold | $121 |
| October 25th 2024 | Stifel | Downgrade | Hold | $125← $135 |
| March 1st 2024 | DA Davidson | Initiation | Neutral | $132 |
| February 28th 2024 | Stifel | Upgrade | Buy | $135 |
| February 1st 2024 | Citigroup | Initiation | Buy | $153 |
| December 12th 2023 | Wells Fargo | Initiation | Overweight | $140 |
| December 6th 2023 | Morgan Stanley | Resumed | Equal Weight | $122 |
| November 14th 2023 | Bernstein | Upgrade | Market Perform | $119← $123 |
Earnings History & Surprises
SJMEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Feb 26, 2026 | $2.25 | — | — | — |
Q4 2025 | Nov 25, 2025 | $2.10 | $2.10 | 0.0% | = MET |
Q3 2025 | Aug 27, 2025 | $1.93 | $1.90 | -1.6% | ✗ MISS |
Q2 2025 | Jun 10, 2025 | $2.24 | $2.31 | +3.1% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $2.37 | $2.61 | +10.1% | ✓ BEAT |
Q4 2024 | Nov 26, 2024 | $2.50 | $2.76 | +10.4% | ✓ BEAT |
Q3 2024 | Aug 28, 2024 | $2.17 | $2.44 | +12.4% | ✓ BEAT |
Q2 2024 | Jun 6, 2024 | $2.33 | $2.66 | +14.2% | ✓ BEAT |
Q1 2024 | Feb 27, 2024 | $2.27 | $2.48 | +9.3% | ✓ BEAT |
Q4 2023 | Dec 5, 2023 | $2.47 | $2.59 | +4.9% | ✓ BEAT |
Q3 2023 | Aug 29, 2023 | $2.04 | $2.21 | +8.3% | ✓ BEAT |
Q2 2023 | Jun 6, 2023 | $2.42 | $2.64 | +9.1% | ✓ BEAT |
Q1 2023 | Feb 28, 2023 | $2.12 | $2.21 | +4.2% | ✓ BEAT |
Q4 2022 | Nov 21, 2022 | $2.19 | $2.40 | +9.6% | ✓ BEAT |
Q3 2022 | Aug 23, 2022 | $1.25 | $1.67 | +33.6% | ✓ BEAT |
Q2 2022 | Jun 7, 2022 | $1.88 | $2.23 | +18.6% | ✓ BEAT |
Q1 2022 | Mar 1, 2022 | $2.08 | $2.33 | +12.0% | ✓ BEAT |
Q4 2021 | Nov 23, 2021 | $2.05 | $2.43 | +18.5% | ✓ BEAT |
Q3 2021 | Aug 26, 2021 | $1.88 | $1.90 | +1.1% | ✓ BEAT |
Q2 2021 | Jun 3, 2021 | $1.68 | $1.89 | +12.5% | ✓ BEAT |
Latest News
JP Morgan Maintains Overweight on JM Smucker, Lowers Price Target to $121
➖ NeutralUBS Maintains Buy on JM Smucker, Lowers Price Target to $117
➖ NeutralMorgan Stanley Maintains Overweight on JM Smucker, Lowers Price Target to $115
➖ NeutralStifel Maintains Hold on JM Smucker, Lowers Price Target to $110
📉 NegativeBernstein Maintains Market Perform on JM Smucker, Raises Price Target to $113
➖ NeutralJM Smucker Exec Says Sees Low Single Digit Growth For Pet Portfolio In Q3 And Q4
➖ NeutralJM Smucker Narrows FY2026 GAAP EPS Guidance from $5.54-$6.54 to $5.66-$6.16 vs $6.34 Est
📉 NegativeJM Smucker Narrows FY2026 Adj EPS Guidance from $8.50-$9.50 to $8.75-$9.25 vs $9.08 Est; Narrows FY2026 Sales Guidance from $8.988B-$9.162B to $9.031B-$9.119B vs $9.070B Est
➖ NeutralJM Smucker Q2 Adj. EPS $2.10, Inline, Sales $2.330B Beat $2.320B Estimate
📈 PositiveStifel Maintains Hold on JM Smucker, Raises Price Target to $115
➖ NeutralArgus Research Downgrades JM Smucker to Hold
📉 Negative'Arabica Coffee Premium Jumps To 2011 high On Supply Fears' -Bloomberg
📉 NegativeBarclays Maintains Equal-Weight on JM Smucker, Maintains $105 Price Target
➖ NeutralJP Morgan Maintains Overweight on JM Smucker, Lowers Price Target to $126
➖ NeutralDA Davidson Maintains Neutral on JM Smucker, Raises Price Target to $112
➖ NeutralB of A Securities Maintains Neutral on JM Smucker, Lowers Price Target to $118
➖ NeutralUBS Maintains Buy on JM Smucker, Lowers Price Target to $121
➖ NeutralJ M Smucker Lifts Cash Flow Outlook
📈 PositiveSmucker Posts 22% EPS Drop in Fiscal Q1
📉 NegativeJM Smucker shares are trading lower after the company reported worse-than-expected Q1 EPS and sales.
📉 NegativeFrequently Asked Questions about SJM
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