The J.M. Smucker Company announced its fiscal year 2025 fourth quarter results, reporting net sales of $2.1 billion, marking a decrease of $61.9 million, or 3 percent, compared to the same period last year. Excluding divestitures and foreign currency exchange impacts, net sales for the quarter decreased by 1 percent. For the full fiscal year, net sales reached $8.7 billion, reflecting a 7 percent increase, with flat sales when excluding acquisitions, divestitures, and foreign currency exchange effects. The company reported a net loss per diluted share of $6.85 for the quarter, while adjusted earnings per share declined by 13 percent to $2.31. For the fiscal year, the net loss per diluted share was $11.57, with adjusted earnings per share increasing by 2 percent to $10.12. Cash provided by operations was recorded at $393.9 million for the quarter, down from $428.1 million the previous year. Free cash flow amounted to $298.9 million for the quarter and $816.6 million for the entire fiscal year. In terms of business developments, J.M. Smucker highlighted the divestitures of certain Sweet Baked Snacks value brands, the Voortman business, and the Canada condiment business, as well as the acquisition of Hostess Brands, Inc. Looking ahead, the company projects net sales to increase by 2.0 to 4.0 percent for the next fiscal year, factoring in a $134.7 million impact from recent divestitures. Excluding these divestitures, comparable net sales are anticipated to rise by approximately 3.5 to 5.5 percent.