J.M. Smucker Earnings: Green Coffee Deflation Leads to a Forecast Sales Decline in 2027
J.M. Smucker's fiscal fourth-quarter comparable sales grew 6% to $2.3 billion. Adjusted gross profit margin decreased 70 basis points to 36.8% on higher costs and unfavorable volume mix, but adjusted earnings per share rose 20% to $2.77 on lower marketing and distribution expenses.