J.M. Smucker reports Q1 adjusted EPS $2.21, consensus $2.04

Reports Q1 revenue $1.81B, consensus $1.84B. “Our first quarter results reflect a positive start to our fiscal year, including volume growth in every business segment,” said Mark Smucker, Chair of the Board, President and CEO. “Our ability to continue delivering results in a dynamic environment is due to our talented employees, focused strategy and execution, cost and productivity savings, partnership with our customers, and consumer demand for our leading brands.” “Our continued business momentum gives us confidence to increase our earnings per share expectations for this fiscal year. In the months ahead, we will continue to support our key growth platforms of coffee, snacking, and pet, which are well-positioned to drive sustainable growth and deliver long-term shareholder value.”