- Adjusted EPS: J M Smucker’s adjusted earnings per share (EPS) for Q4 was $2.66. This beat the estimate of $2.33 and showed a slight increase compared to $2.64 the previous year.
- Net Sales: The company reported net sales of $2.21 billion, slightly below the estimate of $2.24 billion and down 1.3% from the previous year.
- US Retail Coffee: Net sales were $666.1 million, a 3.8% decrease year-over-year (y/y) and slightly below the estimate of $672.3 million.
- US Retail Pet Foods: Net sales plummeted to $452.6 million, marking a substantial 42% decrease y/y, and were lower than the estimate of $472.5 million.
- US Retail Consumer Foods: Net sales were $450.5 million, a minor decrease of 0.6% y/y but slightly above the estimate of $449.3 million.
- International and Away From Home: Net sales were $299.5 million, declining 1.4% y/y and below the estimate of $306.5 million.
- Adjusted Operating Income: The adjusted operating income rose significantly by 13% y/y to $461.6 million, ahead of the $434.5 million estimate.
- Adjusted Gross Margin: Improved to 40.3% from 34.5% y/y, surpassing the estimate of 38.3%.
- Free Cash Flow: Free cash flow held steady at $297.5 million, essentially flat y/y and significantly higher than the estimate of $208.2 million.
- 2025 Forecast: The company expects:
- Adjusted EPS between $9.80 and $10.20, around the estimated $10.18.
- Net sales to increase by 9.5% to 10.5%, driven by the Hostess Brands acquisition, favorable volume/mix, and higher net price realization.
- Free cash flow forecasted at $900.0 million.
- Analyst Ratings: The company received 6 buy ratings, 11 hold ratings, and 2 sell ratings.
Jm Smucker Co on Smartkarma
On Smartkarma, independent analyst Baptista Research recently delved into Jm Smucker Co with their report “The J. M. Smucker Company: Initiation Of Coverage – Core Business Strategy & 5 Key Performance Drivers – Financial Forecasts.” Baptista Research‘s bullish outlook highlighted J. M. Smucker’s promising growth indicators, strategic product mix decisions, and confidence in forecasting, as demonstrated in the company’s 3rd quarter fiscal year 2024 earnings. Company executives exuded a sense of optimism, with a reported 6% comparable sales growth, underlining the positive trajectory of Jm Smucker Co.
A look at Jm Smucker Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts utilizing the Smartkarma Smart Scores for JM Smucker Co have indicated a positive long-term outlook for the company. With high scores in both Value and Dividend factors at 4 each, JM Smucker Co is seen as a solid investment option for those seeking good returns and income stability. While the Growth factor scored a bit lower at 3, indicating moderate growth potential, the company still shows promise in this area. However, concerns may arise from the lower scores in Resilience and Momentum at 2 and 3 respectively, suggesting potential vulnerabilities during challenging times and slower market momentum.
The JM Smucker Company, known for its wide range of food products, has a diverse portfolio including popular items like peanut butter, fruit spreads, baking mixes, beverages, and condiments. This strong presence in the food market reflects the company’s commitment to providing quality products to consumers worldwide, establishing itself as a trusted name in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
