J.M. Smucker Stock Falls on Earnings. Sales in This Sweet Segment Tumble. -- Barrons.com

Dow Jones
08/27

By Nate Wolf

Shares of J.M. Smucker were falling Wednesday after the packaged food maker reported mixed quarterly earnings.

The company, which owns brands like Jif peanut butter and Folgers coffee, posted adjusted earnings of $1.90 a share for its fiscal first quarter, below analysts' consensus estimates of $1.93. Sales totaled $2.11 billion, down 1% from the prior year and just shy of Wall Street's call for $2.12 billion.

J.M. Smucker stock was down 3.4% in premarket trading.

Sales in the company's Sweet Baked Snacks segment, which includes Hostess Brands, declined 24% from the previous year, and profit margins sank by nearly nine percentage points. With the category struggling in recent quarters, Smucker's $5.6 billion purchase of Hostess in late 2023 looks more and more damaging, as Barron's reported in June .

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

August 27, 2025 08:12 ET (12:12 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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