J.M. Smucker Company (CH:JM2)
NYSE:JM2
Earnings Data
Report Date
Sep 02, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
1.78Last Year’s EPS
1.53Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call reflects a cautiously optimistic tone: strong operational and financial positives (record cash flow, major brand milestones, margin tailwinds from coffee, Hostess stabilization and a Q4 beat) are balanced against macro and portfolio headwinds (FY27 net sales guidance down 3%–4%, spreads weakness, tariff uncertainty and segment-level inflation). Management emphasized prudence in modeling and continued investments for growth while targeting debt reduction.Company Guidance
Strong Cash Generation and Capital Allocation
Reported company-high free cash flow of ~$1.2 billion in FY26; targeting ~$1.0 billion+ in FY27. Used FY26 cash to pay dividends (~$450M) and reduce debt; plan to further reduce leverage toward ~3.0x by year-end to enable potential future share repurchases.
Brand Milestones and Momentum
Uncrustables reached $1.0 billion in sales and is expected to grow mid single digits in FY27; Bustelo exceeded $500 million in sales. Uncrustables innovation (full portfolio transitioning to 'fridge friendly' by mid-summer) receiving strong retailer and consumer reception.
Fiscal Q4 Outperformance
Q4 delivered an approximately $0.15 EPS upside versus expectations driven by volume benefits, gross margin improvement, and controlled SG&A/SD&A spend.
Coffee Cost Tailwind and Margin Recovery
Expect mid single digit deflation in green coffee driving profit improvement in the coffee segment; company expects the retail coffee segment to 'return to the high 20s' (as noted in prepared remarks) in FY27 with deflation primarily flowing in starting Q2.
Hostess/Sweet Baked Snacks Stabilization
Donuts grew 13% and represent ~40% of Hostess portfolio. Completed manufacturing footprint consolidation and faster-than-expected recovery from a prior fire. Management expects improving profitability via SKU rationalization and list price actions.
Committed Marketing and Transformation Investments
Planned marketing spend ~5.7% of net sales (~$30M increase YoY) and ongoing transformation initiatives targeting multi-year gross cost savings (a few points of revenue) via supply chain, 'make/buy/move' improvements and technology modernization.
CH:JM2 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAQ
When does J.M. Smucker Company (CH:JM2) report earnings?
J.M. Smucker Company (CH:JM2) is schdueled to report earning on Sep 02, 2026, Before Open (Confirmed).
What is J.M. Smucker Company (CH:JM2) earnings time?
J.M. Smucker Company (CH:JM2) earnings time is at Sep 02, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of J.M. Smucker Company stock?
The P/E ratio of JM Smucker is N/A.
What is CH:JM2 EPS forecast?
CH:JM2 EPS forecast for the fiscal quarter 2027 (Q1) is 1.78.
