The J.M. Smucker Co. (SJM) reported fourth quarter net income of $388.1 million, or $3.64 per common share, compared to a net loss of $729.0 million, or $6.85 per share, in the prior year period. Adjusted earnings per share increased to $2.77 from $2.31.
Net sales for the three months ended April 30, 2026 were $2.27 billion, a 6% increase from $2.14 billion in the prior year period. Net sales excluding the divestiture and foreign currency exchange increased 6 percent.
For fiscal 2027, the company expects net sales to decrease 3.0 to 4.0 percent, adjusted earnings per share to range from $9.75 to $10.25, and free cash flow of approximately $1.0 billion.
In pre-market trading on NYSE, J.M. Smucker shares are up 3.68 percent to $105.50.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.