J.M. Smucker's Sweet Baked Snacks segment posted a 45% increase in segment profit during the fourth quarter, even as net sales fell 5%. The margin improvement follows portfolio pruning that included exiting the Voortman business in Dec. 2024 and divesting certain value brands. The company says higher pricing across most of the portfolio and lower marketing spend drove the profitability gains. Volume remains a headwind, with snack cakes and breakfast items declining. The segment's profit margin rose to 12.2% from 8% in the prior-year quarter, which included heavy impairment charges.

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

(END) Dow Jones Newswires

June 09, 2026 07:50 ET (11:50 GMT)

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