---
schema_version: "secwatch.filing_event.v1"
accession: "0000091419-22-000094"
form_type: "8-K"
ticker: "SJM"
cik: "0000091419"
company_name: "J M SMUCKER Co"
filed_at: "2022-08-23T23:59:59+00:00"
generated_at: "2026-06-23T22:08:55.803489+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Smucker Q1 adj EPS $1.67 (-12% YoY); raises FY23 guidance despite Jif recall

## Summary
- Net sales $1.873B (+1% YoY); ex-divestitures & FX +4%. Jif recall reduced sales by 9%.
- GAAP EPS $1.03 (-27%); adj EPS $1.67 (-12%). Jif recall estimated $0.80 hit to FY EPS.
- U.S. Retail Pet Foods sales +13%, profit +51%; U.S. Retail Coffee sales +10%, profit -4%.
- U.S. Retail Consumer Foods sales -29% (Jif recall); profit -54%. Intl & Away from Home sales +2%, profit -50%.
- FY23 guidance raised: net sales growth 4-5% (prev 3.5-4.5%), adj EPS $8.20-$8.60 (prev $7.85-$8.25).

## SEC filing metadata
- accession: 0000091419-22-000094
- form_type: 8-K
- ticker: SJM
- cik: 0000091419
- company_name: J M SMUCKER Co
- filed_at: 2022-08-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91419/000009141922000094/0000091419-22-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91419/000009141922000094/sjm-20220823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091419-22-000094
- JSON: https://secwatch.observer/filing/0000091419-22-000094.json
- Plain text: https://secwatch.observer/filing/0000091419-22-000094.txt

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