---
schema_version: "secwatch.filing_event.v1"
accession: "0000091419-22-000015"
form_type: "8-K"
ticker: "SJM"
cik: "0000091419"
company_name: "J M SMUCKER Co"
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T03:21:37.417314+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smucker Q3: $150M impairment drives GAAP EPS to $0.64; adjusted EPS $2.33, comparable sales +4%

## Summary
- GAAP EPS $0.64 (down 72%) on $150.4M noncash impairment of Rachael Ray Nutrish brand intangible.
- Adjusted EPS $2.33 (down 5%); net sales $2,057M (-1%); comparable sales ex-divestitures/FX +4%.
- U.S. Retail Pet Foods segment profit fell 29% to $95.7M; Coffee +1% to $213.4M; Consumer Foods -10%.
- Full-year adjusted EPS guidance narrowed to $8.35-$8.65 (from $8.35-$8.75); free cash flow outlook $700M reaffirmed.
- Net debt repayments $226.1M in quarter; completed divestitures of private label dry pet food and natural beverage/grains.

## SEC filing metadata
- accession: 0000091419-22-000015
- form_type: 8-K
- ticker: SJM
- cik: 0000091419
- company_name: J M SMUCKER Co
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91419/000009141922000015/0000091419-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91419/000009141922000015/sjm-20220301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091419-22-000015
- JSON: https://secwatch.observer/filing/0000091419-22-000015.json
- Plain text: https://secwatch.observer/filing/0000091419-22-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.