Loading…
The J. M. Smucker Company
S&P 500
🏹 Trader: 🎯 Near 52W High 💎 VCP Breakout | BRS 71 Forming View all →
$13.0B
Market Cap
16.1
P/E
3.82
PEG
6.1%
ROCE
-2.4%
ROE
1.25
D/E
4.0%
OPM
-8.5%
% from 52W High
64
α RS
🔍 SJM is showing a near-52W-high setup because it's within 8.5% of its 52-week high and RS Rating is 64. Net: Partial signal stack, not a recommendation. ? 52W High RS Rating
Sources
8.5% from 52W high · RS Rating 64
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for SJM including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. The company operates through five segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, Sweet Baked Snacks, and Away From Home. It offers coffee, sweet baked goods, pet snacks, frozen handheld products, peanut butter, cat and dog food, fruit and specialty spreads, cookies, frozen sandwiches and snacks, hot beverages, portion control products, toppings and syrups, baking mixes and ingredients, and flour. The company provides its products under the Folgers, Café Bustelo, Dunkin’, Jif, Smucker’s, Uncrustables, Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Hostess, and 1850 brand names. It sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, distributors, drug stores, military commissaries, mass merchandisers, supermarket chains, national mass retailers, convenience stores, vending channels, and foodservice distributors and operators. The J. M. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding SJM
View All Superinvestors →
Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 1.98M $191.0M 0.24% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Mixed ↓ Deteriorating 2 quarters Full tone analysis in Intelligence →
📊 MIXED SJM Q3 2026: Comparable net sales +8%, Uncrustables hits $1B sales run-rate
Revenue & Profitability
Third quarter net sales increased 7% to an undisclosed dollar amount (comparable net sales +8%). Adjusted earnings per share was $2.38, a 9% decrease versus the prior year. Adjusted operating income decreased $32 million (7%) to an undisclosed total. Free cash flow was $487 million for the quarter, compared to $151 million in the prior year. The company recognized non-cash impairment charges of $508 million for Sweet Baked Snacks goodwill and $454 million for the Hostess trademark. Full-year fiscal 2026 net sales guidance is 3.5%-4% growth; adjusted EPS guidance is $8.75-$9.25, and free cash flow is expected to be approximately $975 million.
Outlook
Management sees favorable long-term tailwinds in at-home coffee consumption, pet population growth (both dog and cat), pet humanization driving premiumization, and strong e-commerce trends. The company expects to recover increased coffee commodity costs through responsible pricing and notes that green coffee tariffs have been excluded, which will benefit next fiscal year. The sweet baked goods category is underperforming, and the Sweet Baked Snacks segment stabilization is taking longer than expected. Overall, management expressed confidence in delivering an 'algorithm year or potentially better' for fiscal 2027 absent significant changes.
Growth Drivers
Key growth platforms include Uncrustables (net sales +10%, on track to achieve $1 billion annual net sales this fiscal year, 26% household penetration, expanding into convenience channels and breakfast day part), Café Bustelo (net sales +46% in U.S. Retail Coffee, gaining share across all segments, on track to surpass $500 million net sales this year), Milk-Bone (net sales +3%, #1 in dog snacks, launching Peanut Buttery Cups), and Meow Mix (volume growth, #1 in dry cat food, with Gravy Bursts innovation). The Away From Home business grew double digits and is approaching 10% of total company net sales.
Balance Sheet & CapEx
Capital expenditures for fiscal 2026 are guided at $325 million. Depreciation is expected to be approximately $350 million. The company continues to invest in manufacturing capacity for Uncrustables, with a new facility generating lower pre-production expenses in the current quarter. No specific AI or other technology investments were discussed.
Margins
Adjusted gross profit margin for fiscal 2026 is expected to be approximately 35%. In Q3, adjusted gross profit decreased $28 million (3%) due to higher costs (commodities, tariffs) and unfavorable volume mix, partially offset by higher net price realization. SD&A expenses are expected to be flat to slightly down for the full year, with marketing spend at about 5.5% of net sales. Segment profit declined in Coffee (-5%) and Sweet Baked Snacks (-78%), while Frozen Handheld and Spreads (+4%), Pet Foods (+4%), and International and Away From Home (+17%) grew. The company is focused on cost savings initiatives to drive margin expansion.
Key Risks
Risks flagged include: ongoing tariff costs on green coffee (though now excluded, they impacted fiscal 2026 profitability), the Sweet Baked Snacks segment underperformance leading to significant goodwill and trademark impairment charges ($508M and $454M), a fire at the Emporia, Kansas facility causing an estimated $25 million net sales reduction in Q4, commodity cost volatility, and unfavorable volume mix in coffee due to pricing actions. The path to stabilization in Sweet Baked Snacks is taking longer than expected, and near-term actions (SKU reduction, reduced promotions) create volatility. Leverage ratio stands at 4.1x, with a plan to reach 3x by end of fiscal 2027.
Generated by AI · Q3 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q4 2026 Q4 2026 [Q&A] 2026-06-09
Strong FY 2026 results set the stage for FY 2027, with profit growth in coffee and Hostess, continued Uncrustables momentum, and a focus on debt reduction and disciplined capital deployment. Guidance reflects prudent cost and demand assumptions amid macro uncertainty.
Q3 2026 Q3 2026 [Q&A] 2026-02-26
Constructive engagement with Elliott Management is driving focus on operational improvements, portfolio management, and disciplined capital allocation. Coffee segment strength is offsetting sweet baked snacks softness, with profit margin recovery expected as tariff headwinds abate.
Q2 2026 Q2 2026 [Q&A] 2025-11-25
Sequential net sales growth and strong brand investments are driving momentum, with coffee and Uncrustables leading segment gains. Coffee tariffs remain a headwind for FY2026 but are expected to become a tailwind in FY2027, while leverage reduction and innovation continue as key priorities.
Q1 2026 Q1 2026 [Q&A] 2025-08-27
First quarter results show strong coffee pricing and improved free cash flow outlook, offset by higher tariffs and coffee costs. Sweet baked snacks and pet brands are expected to improve in the second half, with sequential gains across key segments.
Q4 2025 Q4 2025 Prepared Remarks 2025-06-10
Fiscal 2025 delivered strong growth in key brands and innovation, but faced headwinds in Sweet Baked Snacks, leading to significant impairment charges. Fiscal 2026 guidance anticipates modest sales growth, margin pressure from coffee costs and tariffs, and continued investment in core platforms.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.