J.M. Smucker Forecasts Sales Decline Amid Cost Pressures and Hostess Growth Bets
The company expects net sales to drop by up to 4% in the coming fiscal year, banking on acquisition synergies to drive 2027 growth.
Read the full storyThe J.M. Smucker Co. reported Q4 2026 adjusted EPS of $2.77, exceeding analyst estimates, alongside its fiscal 2027 outlook. While the company expects net sales to decline by 3% to 4% next year, it anticipates growth driven by coffee cost relief and Hostess profit gains. This announcement came amid a series of quarterly financial reports from other firms including SailPoint, Lands' End, and Titan Machinery.
The company expects net sales to drop by up to 4% in the coming fiscal year, banking on acquisition synergies to drive 2027 growth.
Read the full storyThe company reported adjusted EPS of $2.77, surpassing analyst estimates of $2.64 for the final fiscal quarter.
J.M. Smucker, SailPoint, Lands' End, and Titan Machinery reported quarterly results, with investors focusing on Smucker's fiscal 2027 guidance and consumer demand trends.