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The J.M. Smucker Company SJM Sweet Baked Snacks — Selling, General and Administrative Expense

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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:SellingGeneralAndAdministrativeExpense.

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 itemU.S. Retail CoffeeU.S. Retail Frozen Handheld and SpreadsU.S. Retail Pet FoodsSweet Baked SnacksAway From HomeOther (A)Total
Net sales$3,304.9$1,853.9$1,600.0$971.3$879.0$441.8$9,050.9
Segment cost of products sold (B)2,275.81,151.9874.1705.6564.2320.1
Segment selling and distribution expense (C)326.7257.3266.7168.897.052.0
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)

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's sweet baked snacks — selling, general and administrative expense?
The J.M. Smucker Company (SJM) reported sweet baked snacks — selling, general and administrative expense of $41.9M in Q1 2026.
How has The J.M. Smucker Company's sweet baked snacks — selling, general and administrative expense changed year-over-year?
The J.M. Smucker Company's sweet baked snacks — selling, general and administrative expense decreased by 9.3% year-over-year, from $46.2M to $41.9M.
What does sweet baked snacks — selling, general and administrative expense mean?
Operating expenses incurred by the Sweet Baked Snacks segment that are not directly tied to production, including marketing, sales force costs, and administrative overhead. This reflects the investment required to support the segment's operations and brand growth.

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