4 Articles
4 Articles
J.M. Smucker profits fall below estimates due to price hikes and tariff uncertainty - CEO North America
Today, J.M. Smucker, the condiment maker behind Jif peanut butter, released its Q4 2025 earnings statement, revealing that the company’s profits fell short of estimates during a time of tariff uncertainty and consecutive price increases. The company reported a $61.9 million (3%) decline in net sales for the quarter. J.M. Smucker’s fiscal 2026 outlook indicates that net sales are expected to increase by 2.0 to 4.0 percent, with adjusted earnings …
Packaged food maker J.M. Smucker forecasts annual profit below estimate
Reuters Tue, Jun 10, 2025, 7:48 AM 1 min read In This Article: (Reuters) -Jif peanut butter maker J.M. Smucker (SJM) forecast annual profit below the estimate on Tuesday, as sequential price hikes have been squeezing demand for its dog snacks and sweet baked goods. Shares of Orrville, Ohio-based company were down about 7% in premarket trading. Packaged food makers, including J.M. Smucker, Kraft Heinz and Campbell's Co, have been raising product …
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