The raised guidance and strong beat, even with the tariff refund tailwind, suggest the company's core coffee and Uncrustables businesses are performing well. Traders should watch for the sustainability of coffee pricing and the impact of potential future tariff changes on the Q2 and Q3 outlook.
Price Chart
Executive Summary
J.M. Smucker reported strong Q1 FY2027 results with adjusted EPS of $3.24, significantly beating the $2.21 consensus, driven by tariff refunds and higher coffee pricing. The company raised its full-year FY2027 guidance, now expecting adjusted EPS of $10.50-$11.00 (up from $9.75-$10.25) and net sales decline of only 1-2% (improved from 3-4%). The beat was heavily influenced by a one-time $0.84 benefit from tariff refunds, but the raised guidance signals underlying operational momentum, particularly in the coffee segment.
Key Financial Metrics
Key Facts
- Q1 FY2027 adjusted EPS of $3.24 beat the $2.21 consensus by 46.6%
- Q1 net sales of $2.22B grew 5% YoY, exceeding the $2.13B consensus
- Full-year FY2027 adjusted EPS guidance raised to $10.50-$11.00 from $9.75-$10.25
- Full-year FY2027 net sales decline guidance improved to 1-2% from 3-4%
- Q1 results included a $0.84 per share benefit from tariff refunds
- U.S. Retail Coffee segment profit surged 124% YoY to $300M, driven by tariff refunds and higher pricing
- Free cash flow for Q1 was $337.3M, compared to -$94.9M in the prior year
Financial Impact
Adjusted EPS beat consensus by $1.03 (46.6%), and full-year guidance was raised by $0.75 at the midpoint.
Risk Factors
- The $0.84 EPS benefit from tariff refunds is a one-time item and may not recur
- Net sales are still expected to decline 1-2% for the full year, indicating volume pressure
- Sweet Baked Snacks segment continues to struggle with a 7% sales decline and 13% profit decline
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000091419-26-000079 |
| Document: 0000091419-26-000079-index.html | 0000091419-26-000079 |
| Document: 0000091419-26-000079.txt | 0000091419-26-000079 |
| 8-K Data (Synthetic) | 0000091419-26-000079 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | Institutional Cluster | $127.07 $128.64 | ▲ +1.24% | ▲ +1.38% | $129.98 (+2.29%) |
Sep 2, 2026 7w ago | Insider Cluster | $128.51 $121.14 | ▼ −5.74% | ▼ −4.59% | $129.98 (+1.14%) |
Aug 26, 2026 8w ago | 8-K | $130.90 $131.44 | ▲ +0.41% | ▲ +0.53% | $129.98 (−0.70%) |
Aug 5, 2026 11w ago | Press Release | $119.21 $118.79 | ▼ −0.35% | ▼ −0.70% | $129.98 (+9.03%) |
Jul 17, 2026 14w ago | Press Release | $112.50 $118.32 | ▲ +5.17% | ▲ +5.60% | $129.98 (+15.54%) |
Jul 1, 2026 16w ago | Court Ruling | $116.22 $111.51 | ▼ −4.05% | ▼ −5.42% | $129.98 (+11.84%) |
Jun 30, 2026 16w ago | Insider Cluster | $114.86 $113.24 | ▲ +1.41% | ▲ +1.67% | $129.98 (−13.16%) |
Jun 30, 2026 16w ago | Insider Cluster | $114.86 $113.24 | ▼ −1.41% | ▼ −1.67% | $129.98 (+13.16%) |
Jun 9, 2026 19w ago | 8-K | $112.39 $115.94 | ▲ +3.16% | ▲ +0.75% | $129.98 (+15.65%) |
Mar 31, 2026 30w ago | Court Ruling | $95.49 $92.47 | ▼ −3.16% | ▼ −6.93% | $129.98 (+36.12%) |
US Market Status
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