The financials
J.M. Smucker Company (The) by the numbers
J.M. Smucker Company (The) (SJM) reported revenue of $2.22B in Q1 2027 (quarter ended July 31, 2026), up 5.0% from the same quarter a year earlier. That came with a gross margin of 44% and net income of $324M (15% of revenue). For the full year FY2026, revenue was $9.05B (+3.7% year on year) and net income −$139M. Its largest product in 2026-Q1 was Coffee at $1.03B, 44% of the disclosed total, just ahead of Handheld Frozen Sandwiches at 9.9%.
| Income statement | Q1 2027 | Q1 2026 | Change |
|---|---|---|---|
| Revenue | $2.22B | $2.11B | +5.0% |
| Gross profit | $980M | $475M | +106% |
| Operating income | $512M | $46M | +1022% |
| Net income | $324M | −$44M | to a profit |
| Diluted EPS | $3.03 | −$0.41 | to a profit |
| Product | Revenue | Share |
|---|---|---|
| Coffee | $1.03B | 44% |
| Handheld Frozen Sandwiches | $231M | 9.9% |
| Pet Snacks | $228M | 9.7% |
| Sweet Baked Goods | $225M | 9.6% |
| Cat Food | $205M | 8.7% |
| Peanut Butter | $202M | 8.6% |
| Fruit Spreads | $92M | 3.9% |
| Portion Control | $45M | 1.9% |
| Other Product | $27M | 1.2% |
| Toppings And Syrup | $26M | 1.1% |
| Baking Mixesand Ingredients | $25M | 1.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $2.34B (+0.40%)
Coffee grew +24% year on yearCookies -100% year on year
Segment Latestquarter on quarteryear on year
- Coffee$1.03B$1.03BQoQ +7.0%year on year +24%+7.0%+24%
- Handheld Frozen Sandwiches$231.4M$231.4MQoQ -12%year on year +9.9%-12%+9.9%
- Pet Snacks$227.9M$227.9MQoQ -1.8%year on year -4.0%-1.8%-4.0%
- Sweet Baked Goods$224.8M$224.8MQoQ -12%year on year -16%-12%-16%
- Cat Food$204.5M$204.5MQoQ +3.7%year on year +3.4%+3.7%+3.4%
- Peanut Butter$201.8M$201.8MQoQ +7.9%year on year +0.45%+7.9%+0.45%
- Fruit Spreads$92.0M$92.0MQoQ -0.22%year on year -7.4%-0.22%-7.4%
- Portion Control$45.4M$45.4MQoQ -9.4%year on year -15%-9.4%-15%
- Other Product$27.3M$27.3MQoQ -12%year on year -18%-12%-18%
- Toppings And Syrup$25.6M$25.6MQoQ -3.4%year on year +24%-3.4%+24%
- Baking Mixes and Ingredients$24.7M$24.7MQoQ -14%year on year +6.5%-14%+6.5%
- Cookies$0.00$0.00QoQ -year on year -100%--100%
- Dog Food--QoQ -year on year ---