J.M. Smucker

SJM

Market cap $12.4B

The J. M. Smucker Company (SJM) Q3 2026 Earnings Call Prepared Remarks Transcript

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The ProShares S&P 500 Dividend Aristocrat ETF (NOBL) is up 9.39% YTD in 2026, decisively outperforming SPY's 1.08%. Dividend Aristocrats are regaining momentum after a weak 2025, with 55 outpacing SPY and 39 posting double-digit gains this year already. Dividend growth is lagging, with 2026's average increase currently at 3.22%, below last year's trend and potentially signaling headwinds.

SJM tops Q3 estimates as 7% sales growth and strong coffee pricing offset cost pressures, while earnings dip y/y due to higher green coffee and tariffs.

The J. M. Smucker Company (SJM) Q3 2026 Earnings Call Transcript

The headline numbers for Smucker (SJM) give insight into how the company performed in the quarter ended January 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Smucker (SJM) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.61 per share a year ago.

The jam-and-jelly maker posted higher third-quarter sales, but lowered its sales-growth forecast for the year because of a recent fire at its manufacturing facility.

J.M. Smucker said on Thursday it had appointed Woo-Sung Chung and David Singer to its board, after reaching a "constructive engagement" with investor Elliott Investment Management.

J.M. Smucker posted higher third-quarter sales, driven by price hikes in its coffee division, but lowered its sales growth forecast for the year due to a recent fire at one of its manufacturing facilities.