secwatch.observer — SEC 8-K summary
======================================

Issuer:     J M SMUCKER Co (SJM)
CIK:        0000091419
Form:       8-K
Filed at:   2025-06-10T23:59:59+00:00
Accession:  0000091419-25-000037
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smucker Q4 GAAP loss $6.85/shr on $2.1B sales; records $980M impairment; adj. EPS $2.31
--------------------------------------------------------------------------------

- Q4 net sales $2,143.8M, down 3%; GAAP net loss per diluted share $6.85 due to $980M noncash impairment of Sweet Baked Snacks goodwill and Hostess trademark.
- Adjusted EPS $2.31, down 13% YoY; FY2025 adjusted EPS $10.12, up 2%.
- FY2026 outlook: net sales growth 2-4%, adj. EPS $8.50-$9.50, free cash flow $875M, capex $325M.
- Segment: Coffee sales +11%; Pet Foods -13%; Sweet Baked Snacks -26% (excl divest -14%); International +3%.
- Cash from ops $393.9M; FCF $298.9M in Q4; net debt repaid $177.6M; dividends returned $114.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91419/000009141925000037/0000091419-25-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91419/000009141925000037/sjm-20250610.htm
  HTML page:      https://secwatch.observer/filing/0000091419-25-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer