Jul 2026 (Q1 FY27) — Aug 26, 2026
The J. M. Smucker Company Q1 FY27 — Outperformance on Coffee and Uncrustables Drives Full-Year Guidance Raise
Read the full callJ M Smucker earnings: last reported Wed, 26 Aug 2026, for the quarter ended Jul 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 2,219 | +5.0% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 23.1 | +20.9 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 324 | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Guidance
7 of 8 judged targets kept · 7 open · verdicts reflect calls analysed to Apr 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Cafe Bustelo brand FY26 net sales | surpass $500 million in net sales this fiscal year | Jan 2026 | Bustelo being a very significant growth brand now beyond $0.5 billion in sales | Achieved |
| Full-year FY26 adjusted earnings per share | ~$9 midpoint (range $8.50 to $9.50 confirmed next quarter) | Apr 2025 | Pending | |
| Sweet Baked Snacks long-term net sales growth algorithm | approximately 4% annually over time | Jul 2024 | led to a reduction of the projected long-term growth rate to 2% for the reporting unit | Revised Down |
1 of J M SMUCKER Co's 15 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 12 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $104.75 on 22 Oct 2025 → $129.98. High $133.39 (22 Oct 2026), low $89.53 (13 Apr 2026).
Overview
Guidance
7 of 8 judged targets kept · 7 open · verdicts reflect calls analysed to Apr 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Cafe Bustelo brand FY26 net sales | surpass $500 million in net sales this fiscal year | Jan 2026 | Bustelo being a very significant growth brand now beyond $0.5 billion in sales | Achieved |
| Full-year FY26 adjusted earnings per share | ~$9 midpoint (range $8.50 to $9.50 confirmed next quarter) | Apr 2025 | Pending | |
| Sweet Baked Snacks long-term net sales growth algorithm | approximately 4% annually over time | Jul 2024 | led to a reduction of the projected long-term growth rate to 2% for the reporting unit | Revised Down |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 15 tracked commitments, with each call’s wording and source.
Call summaries
The J. M. Smucker Company Q1 FY27 — Outperformance on Coffee and Uncrustables Drives Full-Year Guidance Raise
Read the full callThe J. M. Smucker Company Q4 FY26 — Strong Performance and Positive FY27 Outlook
Read the full callThe J. M. Smucker Company Q3 FY26 — Strong Top-Line Growth and Strategic Brand Momentum
Read the full callEvery analysed call
Financials
Net profit, year on year: +839% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,271 | 2,186 | 2,144 | 2,113 | 2,330 | 2,339 | 2,268 | 2,219 |
| Operating profit | 170 | -594 | -599 | 46 | 419 | -548 | 445 | 512 |
| Operating margin | 7.5% | −27.2% | −27.9% | 2.2% | 18.0% | −23.4% | 19.6% | 23.1% |
| Profit before tax | 67 | -662 | -697 | -56 | 318 | -652 | 328 | 428 |
| Tax rate | 136.7% | 0.0% | −4.6% | 22.3% | 24.2% | −11.1% | −18.5% | 24.2% |
| Net profit | -24 | -662 | -729 | -44 | 241 | -724 | 388 | 324 |
| EPS ($ per share) | -0.23 | -6.22 | — | -0.41 | 2.26 | -6.79 | — | 3.04 |
| Line item | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|
| Reserves | 2,368 | 2,747 | 2,848 | 2,893 | 2,132 | 2,188 | 502 | -101 |
| Total liabilities | 8,741 | 8,780 | 8,159 | 7,915 | 7,701 | 12,580 | 11,481 | 10,676 |
| Fixed assets | 1,912 | 1,969 | 2,002 | 2,132 | 2,240 | 3,073 | 3,080 | 3,032 |
| Total assets | 16,711 | 16,970 | 16,284 | 16,055 | 14,991 | 20,274 | 17,563 | 16,219 |
| Line item | Apr 2019 | Apr 2020 | Apr 2021 | Apr 2022 | Apr 2023 | Apr 2024 | Apr 2025 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,141 | 1,255 | 1,565 | 1,136 | 1,194 | 1,229 | 1,210 | 1,474 |
| Cash from investing | -1,924 | -271 | 311 | -355 | 256 | -3,965 | -100 | -259 |
| Cash from financing | 699 | -689 | -1,944 | -944 | -965 | 2,142 | -1,103 | -1,226 |
| Net cash flow | -91 | 290 | -57 | -164 | 486 | -594 | 8 | -11 |
| Capital expenditure | -360 | -269 | -307 | -417 | -477 | -586 | -394 | -317 |
| Free cash flow | 781 | 986 | 1,258 | 719 | 717 | 643 | 817 | 1,156 |
All Other Segments shrank from 14% to 5% of revenue over the last two years.
| Segment | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| U S Retail Coffee | 31% | 34% | 34% | 34% | 36% | 39% | 37% | 36% | +12.6% |
| U S Retail Frozen Handheld and Spreads | 21% | 20% | 21% | 23% | 20% | 19% | 20% | 23% | +3.0% |
| U S Retail Pet Foods | 20% | 19% | 18% | 17% | 18% | 18% | 18% | 17% | +1.0% |
| Sweet Baked Snacks | 14% | 13% | 12% | 12% | 11% | 10% | 10% | 11% | -6.6% |
| Away From Home | — | — | — | — | — | — | — | 9% | — |
| All Other Segments | 14% | 14% | 14% | 14% | 15% | 14% | -24% | 5% | -65.4% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Q1 FY2027 · share of revenue
As SJM cuts its regions in its filings; they can nest, so they need not add to 100%.
44 filings between Dec 29, 2025 and Sep 1, 2026.
Purchases
$99.8K
1 purchase by 1 insider
Sales
$17.60M
11 sales by 5 insiders
Also filed: 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| SMUCKER MARK T | — | $12.69M | Aug 31, 2026 |
| Marshall Tucker H | — | $2.84M | Aug 28, 2026 |
| Knudsen Jeannette L | — | $1.15M | Jun 26, 2026 |
| Penrose Jill R | — | $583.5K | Jun 29, 2026 |
| Ferguson Robert D | — | $333.9K | Aug 31, 2026 |
| AMIN TARANG | $99.8K | — | Mar 2, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 1, 2026 | Penrose Jill R Chief People Officer | Tax withheld | 1,461 | $192.0K |
| Sep 1, 2026 | Knudsen Jeannette L Chief Legal Officer | Tax withheld | 1,584 | $208.2K |
| Sep 1, 2026 | Ferguson Robert D Chief Product Supply Officer | Tax withheld | 1,121 | $147.3K |
| Aug 31, 2026 | SMUCKER MARK T CEO, Chair of Board | Option exercise | 84,821 | $9.24M |
| Aug 31, 2026 | SMUCKER MARK T CEO, Chair of Board | Sale | 84,821 | $11.14M |
| Aug 31, 2026 | Ferguson Robert D Chief Product Supply Officer | Sale | 2,522 | $333.9K |
| Aug 28, 2026 | Marshall Tucker H Chief Financial Officer | Option exercise | 7,389 | $804.7K |
| Aug 28, 2026 | Marshall Tucker H Chief Financial Officer | Option exercise | 11,093 | $1.40M |
| Aug 28, 2026 | Marshall Tucker H Chief Financial Officer | Sale | 7,389 | $977.3K |
| Aug 28, 2026 | Marshall Tucker H Chief Financial Officer | Sale | 11,093 | $1.46M |
| Jun 29, 2026 | Penrose Jill R Chief People Officer | Sale | 5,000 | $583.5K |
| Jun 26, 2026 | Knudsen Jeannette L Chief Legal Officer | Sale | 4,353 | $500.9K |
| Jun 24, 2026 | Marshall Tucker H Chief Financial Officer | Sale | 3,630 | $403.1K |
| Jun 17, 2026 | SMUCKER MARK T CEO, Chair of Board | Sale | 13,000 | $1.50M |
| Jun 15, 2026 | Ferguson Robert D Chief Product Supply Officer | Tax withheld | 476 | $55.2K |
| Jun 15, 2026 | Marshall Tucker H Chief Financial Officer | Tax withheld | 587 | $68.1K |
| Jun 15, 2026 | Marshall Tucker H Chief Financial Officer | Tax withheld | 683 | $79.2K |
| Jun 15, 2026 | Penrose Jill R Chief People Officer | Tax withheld | 147 | $17.0K |
| Jun 15, 2026 | Penrose Jill R Chief People Officer | Tax withheld | 395 | $45.8K |
| Jun 15, 2026 | Penrose Jill R Chief People Officer | Tax withheld | 437 | $50.7K |
| Jun 15, 2026 | SMUCKER MARK T CEO, Chair of Board | Tax withheld | 1,229 | $142.5K |
| Jun 15, 2026 | SMUCKER MARK T CEO, Chair of Board | Tax withheld | 11,448 | $1.33M |
| Jun 15, 2026 | Marshall Tucker H Chief Financial Officer | Tax withheld | 203 | $23.5K |
| Jun 15, 2026 | Ferguson Robert D Chief Product Supply Officer | Tax withheld | 516 | $59.8K |
| Jun 15, 2026 | Knudsen Jeannette L Chief Legal Officer | Tax withheld | 165 | $19.1K |
| Jun 15, 2026 | Knudsen Jeannette L Chief Legal Officer | Tax withheld | 1,483 | $171.9K |
| Jun 15, 2026 | Ferguson Robert D Chief Product Supply Officer | Tax withheld | 267 | $31.0K |
| Jun 11, 2026 | Knudsen Jeannette L Chief Legal Officer | Award | 6,797 | $0 |
| Jun 11, 2026 | Marshall Tucker H Chief Financial Officer | Award | 9,207 | $0 |
| Jun 11, 2026 | Penrose Jill R Chief People Officer | Award | 5,978 | $0 |
| Jun 11, 2026 | Williams Katherine Marie Chief Marketing Officer | Award | 3,136 | $0 |
| Jun 11, 2026 | Ferguson Robert D Chief Product Supply Officer | Award | 8,650 | $0 |
| Jun 11, 2026 | SMUCKER MARK T CEO, Chair of Board | Award | 34,497 | $0 |
| Jun 11, 2026 | Knudsen Jeannette L Chief Legal Officer | Sale | 5,550 | $645.4K |
| Mar 20, 2026 | Williams Katherine Marie Chief Marketing Officer | Award | 5,000 | $0 |
| Mar 20, 2026 | Williams Katherine Marie Chief Marketing Officer | Award | 2,000 | $0 |
| Mar 20, 2026 | Williams Katherine Marie Chief Marketing Officer | Award | 2,712 | $0 |
| Mar 20, 2026 | Ferguson Robert D Chief Product Supply Officer | Award | 2,992 | $0 |
| Mar 20, 2026 | Marshall Tucker H Chief Financial Officer | Award | 731 | $0 |
| Mar 20, 2026 | Penrose Jill R Chief People Officer | Award | 613 | $0 |
| Mar 10, 2026 | SMUCKER MARK T CEO, Chair of Board | Sale | 231 | $25.2K |
| Mar 10, 2026 | SMUCKER MARK T CEO, Chair of Board | Sale | 231 | $25.2K |
| Mar 2, 2026 | AMIN TARANG Director | Purchase | 880 | $99.8K |
| Dec 29, 2025 | SMUCKER MARK T CEO, Chair of Board | Gift | 1,513 | $0 |
| Sep 30, 2025 | SMUCKER RICHARD K Insider | Gift | 50,000 | $0 |
| Sep 30, 2025 | SMUCKER MARK T CEO, Chair of Board | Gift | 2,090 | $0 |
| Sep 30, 2025 | Marshall Tucker H Chief Financial Officer | Sale | 11,139 | $1.20M |
| Sep 24, 2025 | SMUCKER MARK T CEO, Chair of Board | Sale | 6,500 | $715.0K |
| Jun 16, 2025 | SMUCKER MARK T CEO, Chair of Board | Tax withheld | 1,357 | $129.4K |
| Jun 16, 2025 | Brase John P President and COO | Award | 7,755 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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