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The J.M. Smucker Company SJM Baking Mixes and Ingredients — Net Sales

Other product segments

Frozen Handheld
$995.7M+8.4%
Coffee
$952.1M+14.1%
Sweet baked goods
$237.2M-5.5%
Handheld Frozen Sandwiches
$231.4M+9.9%
Pet snacks
$222.7M-1.2%
Cat food
$195M+7.3%
Peanut Butter
$190.2M-2.2%
Topping and syrups
$109.2M+12.8%
Fruit Spreads
$91.5M-1.8%
Portion Control
$48.5M+1.3%
Toppings and syrups
$25.6M+23.7%
Other Product
$24.4M+578%
Cookies
$0

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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:RevenueFromContractWithCustomerIncludingAssessedTax.

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
Net sales$9,050.9$8,726.1$8,178.7
Cost of products sold (A)6,016.45,341.45,063.3
Gross Profit3,034.53,384.73,115.4
Selling, distribution, and administrative expenses1,496.61,529.01,446.2
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

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's baking mixes and ingredients — net sales?
The J.M. Smucker Company (SJM) reported baking mixes and ingredients — net sales of $21.7M in Q1 2026.
How has The J.M. Smucker Company's baking mixes and ingredients — net sales changed year-over-year?
The J.M. Smucker Company's baking mixes and ingredients — net sales decreased by 0.5% year-over-year, from $21.8M to $21.7M.
What is the long-term trend for The J.M. Smucker Company's baking mixes and ingredients — net sales?
Over 4 years (2022 to 2026), The J.M. Smucker Company's baking mixes and ingredients — net sales has grown at a 1.1% compound annual growth rate (CAGR), from $85.5M to $89.5M.
What does baking mixes and ingredients — net sales mean?
This metric represents the total revenue generated from the sale of baking mixes, flour, and related ingredients within the company's specific product portfolio. It reflects the consumer demand and market penetration for home-baking products, which are often influenced by seasonal trends and broader shifts in consumer cooking habits. Tracking this revenue stream helps assess the performance of the company's legacy pantry staples against changing dietary preferences and competitive pressures in the retail grocery space.

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