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The J.M. Smucker Company SJM Restructuring Charges

Restructuring Charges at other companies

J&J Snack Foods logo
J&J Snack FoodsJJSF
-$155K
Campbell Soup logo
Campbell SoupCPB
$9M+50.0%

Other financials

Income statement

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Revenue$2.3B+5.8%
Gross profit$862.1M+4.7%
Operating income$444.5M+174%
Net income-$724.2M-9.3%
EPS (diluted)-$6.79-9.2%

Balance sheet

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Cash & equivalents$58.6M-16.2%
Total debt$7.0B-10.6%
Total equity$5.5B-8.9%
Total assets$16.2B-7.7%

Cash flow

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Operating cash flow$579.2M+47.0%
CapEx$95.3M+0.3%
Free cash flow$483.9M+61.9%

Valuation

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Market cap$12.74B+9.5%
Enterprise value$19.66B-0.3%
P/S1.4×+0.1×

Profitability

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Gross margin33.5%-5.3pp
Operating margin4%+2.4pp
Net margin-14.1%-19.1pp
FCF margin12.8%+3.4pp

Returns & leverage

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Return on equity-20.7%-26.1pp
Debt / equity1.3×0.0×
Current ratio0.8×0.0×

Where this comes from

Reported directly by The J.M. Smucker Company in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The source filing: The J.M. Smucker Company’s 10-K, filed June 9, 2026.

Filed
Jun 9, 2026, 4:21 PM EDT
Fiscal year
FY2026
Accession
0000091419-26-000050
(Dollars in millions, except per share data)Year Ended April 30, 2026Year Ended April 30, 2025Year Ended April 30, 2024
Amortization210.6219.3191.1
Goodwill impairment charges507.51,661.6
Other intangible assets impairment charges454.2320.9
Other special project costs (A)21.135.8130.2
Loss (gain) on divestitures – net310.112.9
Other operating expense (income) – net(15.7)(18.1)29.2
Operating Income (Loss)360.2(673.9)1,305.8
Interest expense – net(381.2)(388.7)(264.3)

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's restructuring charges?
The J.M. Smucker Company (SJM) reported restructuring charges of $4.5M in Q1 2026.
How has The J.M. Smucker Company's restructuring charges changed year-over-year?
The J.M. Smucker Company's restructuring charges decreased by 43.0% year-over-year, from $7.9M to $4.5M.
What is the long-term trend for The J.M. Smucker Company's restructuring charges?
Over 4 years (2022 to 2026), The J.M. Smucker Company's restructuring charges has grown at a 27.4% compound annual growth rate (CAGR), from $8M to $21.1M.
What does restructuring charges mean?
One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

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