earnings
confidence high
sentiment positive
materiality 0.80
Smucker beats Q1: adj EPS $3.24 (+71%), raises FY27 guidance
J M SMUCKER Co
- Q1 net sales $2.22B up 5% YoY; adj EPS $3.24 vs $1.90, 71% increase incl $0.84 tariff refund benefit.
- Operating cash flow $425.7M vs ($10.6M) prior; free cash flow $337.3M vs ($94.9M).
- FY27 guidance raised: adj EPS $10.50-$11.00 (prev $9.75-$10.25); net sales decrease narrowed to 1-2% from 3-4%.
- Coffee segment sales up 13% to $807.8M, profit up 124% on tariff refunds; sweet baked snacks down 7%.
- FY27 free cash flow outlook raised to ~$1.1B (prev $1.0B); capex unchanged at $325M.