J.M. Smucker Co.

NYSE:SJM   3:59:57 PM EDT
128.53
-0.35 (-0.27%)
4:00:00 PM EDT: $128.64 +0.11 (+0.09%)
Other Pre-Announcement

J.M. Smucker Announces Fiscal Year 2022 Fourth Quarter Results

Published: 06/07/2022 11:20 GMT
J.M. Smucker Co. (SJM) - The Jm Smucker Co. Announces Fiscal Year 2022 Fourth Quarter Results.
Sees FY Adjusted Earnings per Share $7.85 to $8.25.
Sees FY Sales Up 3.5 to 4.5 Percent.
Qtrly Net Sales Increased $113.6 Million, Or 6 Percent.
Net Income per Diluted Share for Quarter Was $1.87.
Qtrly Adjusted Earnings per Share Was $2.23.
J M Smucker - Guidance Reflects Estimated Unfavorable Impact to Sales of 2%, Adjusted EPS of $0.90 Related to Recall of Certain Jif Peanut Butter Products.
Qtrly Net Sales $2,033.8 Million.
Sees Full-year Fiscal Year 2023 Capital Expenditures $550 Million.
Recent Jif Peanut Butter Product Recall Will Impact Financial Results for Fiscal Year.
Qtrly U.S. Retail Consumer Foods Net Sales Decreased $22.5 Million, Or 5 Percent.
J M Smucker Qtrly U.S. Retail Consumer Foods Net Sales Decrease Included 5% Unfavorable Impact of Estimated Customer Returns Related to Product Recall.
Q4 Earnings per Share View $1.88, Revenue View $1.98 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2023 Earnings per Share View $8.91, Revenue View $8.01 Billion -- Refinitiv Ibes Data (analyst estimates).