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The J.M. Smucker Company SJM Impairment Charges
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Where this comes from
Reported directly by The J.M. Smucker Company in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The source filing: The J.M. Smucker Company’s 10-Q, filed February 26, 2026.
- Filed
- Feb 26, 2026, 4:15 PM EST
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000091419-26-000016
| Dollars in millions, except per share data | Three Months Ended January 31, 2026 | Three Months Ended January 31, 2025 | Nine Months Ended January 31, 2026 | Nine Months Ended January 31, 2025 |
|---|---|---|---|---|
| Gross Profit | 827.8 | 878.1 | 2,172.4 | 2,561.4 |
| Selling, distribution, and administrative expenses | 363.2 | 367.6 | 1,138.8 | 1,148.4 |
| Amortization | 50.3 | 53.9 | 150.7 | 165.7 |
| Goodwill impairment charges | 507.5 | 794.3 | 507.5 | 794.3 |
| Other intangible assets impairment charges | 454.2 | 208.2 | 454.2 | 208.2 |
| Other special project costs (A) | 5.0 | 10.1 | 16.6 | 27.9 |
| Loss (gain) on divestitures – net | — | 50.2 | — | 311.0 |
| Other operating expense (income) – net | (4.0) | (12.2) | (11.1) | (19.3) |
Item 1. Financial Statements.
FAQ
- What is The J.M. Smucker Company's impairment charges?
- The J.M. Smucker Company (SJM) reported impairment charges of $507.5M in Q4 2025.
- How has The J.M. Smucker Company's impairment charges changed year-over-year?
- The J.M. Smucker Company's impairment charges decreased by 36.1% year-over-year, from $794.3M to $507.5M.
- What does impairment charges mean?
- Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.
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