J.M. Smucker (SJM) Stock: Coffee Sales Drive Earnings Beat and Higher Full-Year Guidance

TLDR

• J.M. Smucker posted adjusted EPS of $3.24 for Q1 FY2027, well above the $2.22 Wall Street estimate
• Net sales grew 5% to $2.22 billion, beating the $2.13 billion consensus
• Results included an 84-cent per share benefit from tariff refunds
• U.S. retail coffee net sales jumped 13% to $807.8 million, driving overall growth
• Full-year adjusted EPS guidance raised to $10.50-$11.00, up from $9.75-$10.25

J.M. Smucker (SJM) stock rose about 4% in premarket trading on Wednesday, hitting $129.98, after the company topped quarterly earnings expectations and lifted its full-year profit outlook.

The J. M. Smucker Company, SJM

The results were driven largely by strong coffee sales and a one-time boost from tariff refunds.

For its fiscal first quarter ended July 31, Smucker posted adjusted EPS of $3.24, up from $1.90 a year ago and well ahead of the $2.22 analyst estimate. Net sales came in at $2.22 billion, a 5% increase year over year and above the $2.13 billion consensus.

J.M. SMUCKER $SJM Q1’27 EARNINGS HIGHLIGHTS

… Continue reading the full article at the original source below.