How has The J.M. Smucker Company's sweet baked snacks — segment profit changed year-over-year?

The J.M. Smucker Company's sweet baked snacks — segment profit increased by 45.0% year-over-year, from $20M to $29M.

What does sweet baked snacks — segment profit mean?

The operating profit generated by the Sweet Baked Snacks segment, calculated as net sales minus cost of goods sold and segment-specific operating expenses. This is the primary measure of the segment's financial health and its ability to contribute to the company's bottom line.

The J.M. Smucker Company (SJM) Sweet Baked Snacks — Segment profit

Screener

Other segment segments

Away From Home

$220.1M+25.0%

Other

$72M+16.9%

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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

See full

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 sjm:SegmentReportingInformationSegmentProfit.

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

Line item	U.S. Retail Coffee	U.S. Retail Frozen Handheld and Spreads	U.S. Retail Pet Foods	Sweet Baked Snacks	Away From Home	Other (A)	Total
Segment cost of products sold (B)	2,275.8	1,151.9	874.1	705.6	564.2	320.1
Segment selling and distribution expense (C)	326.7	257.3	266.7	168.8	97.0	52.0
Other segment items (D)	0.9	—	(14.1)	(0.3)	(2.3)	0.1
Segment profit	$701.5	$444.7	$473.3	$97.2	$220.1	$69.6	$2,006.4
Reconciliation of segment profit:
Amortization							(210.6)
Goodwill impairment charges							(507.5)
Other intangible assets impairment charges							(454.2)

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's sweet baked snacks — segment profit?: The J.M. Smucker Company (SJM) reported sweet baked snacks — segment profit of $29M in Q1 2026.
How has The J.M. Smucker Company's sweet baked snacks — segment profit changed year-over-year?: The J.M. Smucker Company's sweet baked snacks — segment profit increased by 45.0% year-over-year, from $20M to $29M.
What does sweet baked snacks — segment profit mean?: The operating profit generated by the Sweet Baked Snacks segment, calculated as net sales minus cost of goods sold and segment-specific operating expenses. This is the primary measure of the segment's financial health and its ability to contribute to the company's bottom line.