---
schema_version: "secwatch.filing_event.v1"
accession: "0000091419-23-000140"
form_type: "8-K"
ticker: "SJM"
cik: "0000091419"
company_name: "J M SMUCKER Co"
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T18:29:04.597613+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smucker Q2 adj EPS $2.59 (+8% YoY); FY24 guidance lowered on Hostess Brands acquisition costs

## Summary
- Net sales $1.94B, down 12% (comparable +7%); net income $1.90 diluted EPS, adj EPS $2.59.
- Full-year adj EPS guidance cut to $9.25-$9.65 from $9.45-$9.85; free cash flow forecast reduced to $530M from $650M.
- Hostess Brands acquisition adds ~$0.40 unfavorable EPS impact; capex guidance raised to $610M.
- U.S. Retail Coffee segment profit fell 9% on $39.1M supplier agreement termination charge.
- U.S. Retail Consumer Foods profit +28%, U.S. Retail Pet Foods comparable sales +20%, International profit +45%.

## SEC filing metadata
- accession: 0000091419-23-000140
- form_type: 8-K
- ticker: SJM
- cik: 0000091419
- company_name: J M SMUCKER Co
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/91419/000009141923000140/0000091419-23-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91419/000009141923000140/sjm-20231205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091419-23-000140
- JSON: https://secwatch.observer/filing/0000091419-23-000140.json
- Plain text: https://secwatch.observer/filing/0000091419-23-000140.txt

## Key facts
- Earnings Releases
  J M SMUCKER Co reported second quarter ended October 31, 2023 results: revenue $1,938.6, net income $1.90 per diluted share, EPS $2.59. Guidance reaffirmed.
  - Period: second quarter ended October 31, 2023
  - Revenue: $1,938.6
  - Net income: $1.90 per diluted share
  - EPS: $2.59
  - Guidance: reaffirmed
  - Result: reported results
  source text: Adjusted earnings per share was $2.59, an increase of 8 percent. • Cash provided by operations was $176.9 million compared to $205.0 million in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/91419/000009141923000140/0000091419-23-000140-index.htm

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