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The J.M. Smucker Company SJM Sweet baked goods — Net Sales

Other product segments

Frozen Handheld
$995.7M+8.4%
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$952.1M+14.1%
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%
Baking Mixes and Ingredients
$21.7M-0.5%
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 sweet baked goods — net sales?
The J.M. Smucker Company (SJM) reported sweet baked goods — net sales of $237.2M in Q1 2026.
How has The J.M. Smucker Company's sweet baked goods — net sales changed year-over-year?
The J.M. Smucker Company's sweet baked goods — net sales decreased by 5.5% year-over-year, from $251.1M to $237.2M.
What does sweet baked goods — net sales mean?
This metric represents the total revenue generated from the sale of sweet baked goods products, including snack cakes and pastries, after accounting for returns, allowances, and discounts. It serves as a key indicator of the company's performance within the indulgent snack category and reflects consumer demand for its specific branded baked goods portfolio. Tracking this revenue stream helps investors assess the growth trajectory and market penetration of the company's recent acquisitions and product expansions in the snacking sector.

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