J.M. Smucker Q2 net sales up 3% to $2.33B; adj. EPS down 24% to $2.10

J M SMUCKER Co

2026-Q2 EPS reported $1.85 revenue$4,443,400,000

Net sales $2.33B, +3% total (+5% comparable); coffee drove 21% sales growth.
GAAP diluted EPS $2.26 vs. ($0.23) loss; adjusted EPS $2.10 vs. $2.76 (-24%).
Coffee segment profit fell 24%; Frozen Handheld & Spreads profit down 12%.
FY2026 outlook: adj. EPS $8.75-$9.25 (prev. $8.50-$9.50); net sales growth now 3.5-4.5%.
Free cash flow guided at $975M; capital expenditures $325M.

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