Smucker reported fiscal Q3 2026 net sales of USD 2.3 billion (+7%), with a net loss per diluted share of USD 6.79, reflecting noncash impairment charges tied to its Sweet Baked Snacks reporting unit. Adjusted EPS was USD 2.38 (-9%), while cash provided by operations was USD 558.5 million and free cash flow was USD 487.0 million. By segment in Q3, U.S. Retail Coffee net sales were USD 908.2 million (+23%) and segment profit was USD 199.0 million (-5%); U.S. Retail Frozen Handheld and Spreads net sales were USD 454.0 million (+2%) and segment profit was USD 103.6 million (+4%); U.S. Retail Pet Foods net sales were USD 417.1 million (-1%) and segment profit was USD 121.9 million (+4%); Sweet Baked Snacks net sales were USD 224.8 million (-19%) and segment profit was USD 12.2 million (-78%); International and Away From Home net sales were USD 335.3 million (+12%) and segment profit was USD 72.0 million (+17%). Smucker updated its fiscal 2026 outlook, guiding net sales growth of 3.5% to 4.0%, adjusted EPS of USD 8.75 to USD 9.25, and free cash flow of USD 975.0 million, citing an estimated impact from a February fire at its Emporia, Kansas manufacturing facility. Management said Q3 net sales and adjusted EPS exceeded its expectations, highlighting higher net price realization—primarily higher coffee pricing—and noting volume/mix pressures in sweet baked goods and fruit spreads, partially offset by growth in Uncrustables sandwiches.

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