The stock may react negatively to the EPS decline and segment weakness despite revenue growth. Monitor the integration of Hostess Brands and recovery from the Emporia fire, which could impact full-year guidance. The maintained EPS guidance suggests management confidence in second-half improvement.
Price Chart
Executive Summary
J.M. Smucker Co. reported mixed Q3 fiscal 2026 results with revenue growth of 7% to $2.34 billion, driven by coffee pricing and volume gains in Uncrustables, but adjusted EPS declined 9% to $2.38 due to significant impairment charges in Sweet Baked Snacks. The company maintained its full-year EPS guidance of $8.75-$9.25 but slightly reduced its sales growth forecast due to a manufacturing fire.
Key Financial Metrics
Key Facts
- Revenue increased 7% YoY to $2.34 billion, with 8% growth excluding divestitures
- Adjusted EPS decreased 9% to $2.38, missing expectations despite revenue beat
- GAAP net loss per share of $6.79 due to $961.7 million in impairment charges
- Sweet Baked Snacks segment profit plummeted 78% due to volume declines
- Company maintained full-year adjusted EPS guidance of $8.75-$9.25
- Updated sales guidance to 3.5%-4.0% growth (from 3.5%-4.5%) due to Emporia fire impact
Financial Impact
Revenue up $153.4 million (7%) but adjusted EPS down 9% to $2.38; $961.7 million in impairment charges related to Sweet Baked Snacks
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| U.S. Retail Coffee | $908.2M | +23.0% |
| U.S. Retail Frozen Handheld and Spreads | $454.0M | +2.0% |
| U.S. Retail Pet Foods | $417.1M | -1.0% |
| Sweet Baked Snacks | $224.8M | -19.0% |
| International and Away From Home | $335.3M | +12.0% |
Risk Factors
- Continued weakness in Sweet Baked Snacks segment with 19% sales decline
- Integration risks from Hostess Brands acquisition
- Impact of Emporia manufacturing facility fire on future production
- Commodity cost pressures and tariff impacts affecting margins
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000091419-26-000013 |
| Document: sjm-20260226.htm | 0000091419-26-000013 |
| Document: 0000091419-26-000013-index-headers.html | 0000091419-26-000013 |
| Document: 0000091419-26-000013-index.html | 0000091419-26-000013 |
| Document: 0000091419-26-000013.txt | 0000091419-26-000013 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | Institutional Cluster | $127.07 $128.64 | ▲ +1.24% | ▲ +1.38% | $128.64 (+1.24%) |
Sep 2, 2026 7w ago | Insider Cluster | $128.51 $121.14 | ▼ −5.74% | ▼ −4.59% | $128.64 (+0.10%) |
Aug 26, 2026 8w ago | 8-K | $130.90 $131.44 | ▲ +0.41% | ▲ +0.53% | $128.64 (−1.73%) |
Aug 5, 2026 11w ago | Press Release | $119.21 $118.79 | ▼ −0.35% | ▼ −0.70% | $128.64 (+7.91%) |
Jul 17, 2026 14w ago | Press Release | $112.50 $118.32 | ▲ +5.17% | ▲ +5.60% | $128.64 (+14.35%) |
Jul 1, 2026 16w ago | Court Ruling | $116.22 $111.51 | ▼ −4.05% | ▼ −5.42% | $128.64 (+10.69%) |
Jun 30, 2026 16w ago | Insider Cluster | $114.86 $113.24 | ▲ +1.41% | ▲ +1.67% | $128.64 (−12.00%) |
Jun 30, 2026 16w ago | Insider Cluster | $114.86 $113.24 | ▼ −1.41% | ▼ −1.67% | $128.64 (+12.00%) |
Jun 9, 2026 19w ago | 8-K | $112.39 $115.94 | ▲ +3.16% | ▲ +0.75% | $128.64 (+14.46%) |
Mar 31, 2026 29w ago | Court Ruling | $95.49 $92.47 | ▼ −3.16% | ▼ −6.93% | $128.64 (+34.72%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers