earnings
confidence high
sentiment negative
materiality 0.80
J.M. Smucker Q3 net loss $6.22/sh on $1B impairment; adj EPS $2.61 beats, guidance updated
J M SMUCKER Co
2025-Q3 EPS reported
-$4.72
revenue$6,582,300,000
- Net loss per diluted share $6.22 due to $1B in noncash impairment charges for Sweet Baked Snacks goodwill and Hostess trademark.
- Adjusted EPS $2.61, up 5% YoY; net sales $2.2B, down 2% YoY, comparable net sales down 1%.
- Full-year FY25 guidance: adj EPS $9.85-$10.15, net sales +7.25%, FCF ~$925M, capex $400M.
- Supply chain disruptions hurt Q3 but cost management drove adj EPS above expectations.
- Agreement to divest certain Sweet Baked Snacks value brands; close expected Q4, proceeds to debt paydown.