Smucker posts Q1 net loss $0.41/share; adj. EPS $1.90 (down 22%); raises FY net sales view

J M SMUCKER Co

2026-Q1 EPS reported -$0.41 revenue$2,113,300,000

Net sales $2.1B, down 1% YoY; excl. divestitures up 2% on coffee pricing gains.
GAAP net loss per diluted share $0.41 vs income $1.74; adjusted EPS $1.90 vs $2.44.
FY2026 net sales growth raised to 3-5% (from 2-4%); adj. EPS unchanged $8.50-$9.50.
US Retail Coffee sales +15% but segment profit -22% on higher commodity costs.
International/Away From Home profit +35% on pricing; Sweet Baked Snacks profit -54%.

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