secwatch.observer — SEC 8-K summary
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Issuer:     J M SMUCKER Co (SJM)
CIK:        0000091419
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0000091419-22-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smucker Q4 adj EPS $2.23 (+18%); FY23 guidance $7.85-$8.25 reflecting Jif recall
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- Q4 net sales $2.03B (+6%); adj EPS $2.23 beats prior year $1.89.
- Jif peanut butter recall reserves $52.3M; FY23 impact estimated $0.90/share.
- FY23 guidance: net sales +3.5-4.5%, adj EPS $7.85-$8.25, free cash flow $500M.
- U.S. Retail Coffee sales +11% but segment profit -5% on volume/mix decline.
- Repurchased 2.0M shares for $262.7M in Q4; reduced debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91419/000009141922000034/0000091419-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91419/000009141922000034/sjm-20220607.htm
  HTML page:      https://secwatch.observer/filing/0000091419-22-000034

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