J.M. Smucker Co.

NYSE:SJM   4:00:00 PM EDT
153.55
-0.47 (-0.30%)
4:05:53 PM EDT: $153.48 -0.07 (-0.05%)
Other Pre-Announcement

The J.M. Smucker Co. Announces Fiscal 2023 Q2 Results

Published: 11/21/2022 12:21 GMT
J.M. Smucker Co. (SJM) - The Jm Smucker Co. Announces Fiscal 2023 Second Quarter Results.
Qtrly Net Income per Diluted Share Was $1.79.company Increased Its Full-year Fiscal 2023 Financial Outlook for Net Sales and Adjusted Earnings per Share.
Qtrly Adjusted Earnings per Share Was $2.40.
Qtrly Net Sales $2,205.1 Million Versus $2,050.0 Million.
Sees FY Adjusted Earnings per Share$8.35 - $8.75.
Jif® Peanut Butter Product Recall Will Impact Financial Results for Fiscal Year.
Sees FY Net Sales Increase Versus Prior Year 5.5% - 6.5%.
FY2023 Earnings per Share View $8.49, Revenue View $8.38 Billion -- Refinitiv Ibes Data (analyst estimates).
J M Smucker- Ongoing Cost Inflation, Volatility in Supply Chains Continue to Impact Financial Results,cause Uncertainty for Fiscal Year 2023 Outlook.
Q2 Earnings per Share View $2.19, Revenue View $2.18 Billion -- Refinitiv Ibes Data (analyst estimates).