Smucker Q1 EPS Soars 71% on Tariff Refunds, Raises FY27 Outlook
SJM sits 42% above its 52-week low of $88.25.
Summary
Smucker delivered a strong fiscal Q1, with adjusted EPS of $3.24, up 71% year-over-year and well above the $2.22 consensus. Revenue rose 5% to $2.22 billion, beating estimates, driven by a 13% jump in U.S. Retail Coffee sales on higher pricing. The quarter included a $115 million tariff refund that added $0.84 per share. Management raised full-year adjusted EPS guidance to $10.50-$11.00 from $9.75-$10.00 and lifted free cash flow outlook to $1.1 billion. The company is passing coffee savings to consumers to defend its market position.
At the time of this announcement, SJM was trading at $125.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $13.4B. The 52-week trading range was $88.25 to $127.65. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.