JM Smucker Shares Crash: Here’s Why Wall Street Is Losing Confidence

JM Smucker Shares Crash After Q4 Earnings Miss

The S&P 500‘s largest decliner was The J.M. Smucker Co. (SJM), whose shares dropped more than 12% on Tuesday. The company’s poor fourth-quarter sales in fiscal 2025 and lower-than-expected profit forecasts for fiscal 2026 were the causes of the decline.

Adjusted earnings per share (EPS) for J.M. Smucker, the company that makes Folgers coffee, JIF peanut butter, and its namesake jams and jellies, were $2.31. At $2.14 billion, net sales fell 3% over the previous year. According to estimates provided by Visible Alpha, analysts had anticipated $2.24 and $2.19 billion, respectively.

J.M. Smucker Reports Mixed Sales: Coffee Up 11%, Pet Food and Snacks Decline

The company’s U.S. Retail Coffee section had an 11% increase in sales to $738.6 million, while the International and Away From Home division saw a 3% increase to $308.9 million. Meanwhile, the U.S. retail frozen handhelds and spreads segment saw a flat sales increase of $449.8 million. However, the U.S. retail pet food segment saw a 13% drop in revenue to $395.5 million, while the sweet-baked snacks segment saw a 26% decline to $251.0 million.

Analysts had anticipated that Smucker’s U.S. Retail Pet Foods and Sweet Baked Snacks sectors would see a drop in sales. Additionally, they anticipated growth in the International and Away From Home, U.S. Retail Coffee, and U.S. Retail Frozen Handheld and Spreads segments.

Smucker Forecasts Lower EPS for Fiscal 2026 Amid Challenging Market Conditions

Smucker has announced its initial forecasts for the 2026 fiscal year. According to these forecasts, adjusted EPS will be between $8.50 and $9.50, compared to $10.12 in the 2025 fiscal year, while sales growth will be between 2% and 4%, compared to $8.73 billion in the most recent fiscal year. Currently, analysts are forecasting sales growth of approximately 2% and adjusted EPS of $10.28.

The company continues to operate in a dynamic and evolving external environment, including tariffs and related trade impacts, regulatory and policy changes, ongoing input inflation, and changes in consumer behaviors that impact its fiscal year 2026 outlook. The projections are based on its current understanding of these factors,

Smucker

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