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09:00
Jun 09 ◎

SJM FY2026 Q4 Watch

The J.M. Smucker Company (SJM) FY2026 Q4 Earnings Call

KDP SBUX ▾

Mark Smucker

Coffee deflation will be passed through gradually via trade spending before list price reductions, signaling a measured approach that could pressure competitors' pricing. — A slower return of deflation to shelf prices may allow Smucker to recover margin faster than peers who reduce list prices immediately, creating a temporary competitive advantage.

"Coffee is a pass-through category… we do pass through up and down costs to our customers and our consumers. We do it prudently"

KDP WATCH SBUX WATCH

MED

09:00
Feb 26 ◎

SJM FY2026 Q3 Watch

The J.M. Smucker Company (SJM) FY2026 Q3 Earnings Call

SJM ▾

Tucker Marshall

Management maintained full-year EPS guidance at $9.00, acknowledging softness in sweet baked snacks but relying on coffee portfolio to offset, indicating a neutral outlook.

"We feel very confident in achieving the $9 midpoint"

SJM WATCH

HIGH

07:00
Nov 25 ◎

SJM FY2026 Q2 Watch

The J.M. Smucker Company (SJM) FY2026 Q2 Earnings Call

KDP ▾

Mark Smucker

Smucker decided not to take a winter pricing action for coffee because green coffee tariffs were removed, leaving ~$0.50 EPS unrecovered tariff cost this year. This indicates limited ability or willingness to fully pass through tariff costs, which may pressure margins across the coffee category. — If Smucker cannot pass through tariff costs, competitors like Keurig Dr Pepper may face similar margin pressure or be forced to absorb costs, altering pricing dynamics in the at-home coffee market.

"Given the recent changes to U.S. trade policy to exclude tariffs on green coffee, we are no longer contemplating another pricing action in early winter. Without this pricing action, we will not fully recover green coffee tariff costs"

KDP WATCH

MED

09:00
Aug 27 ◎

SJM FY2026 Q1 Watch

The J.M. Smucker Company (SJM) FY2026 Q1 Earnings Call

SJM ▾

Tucker Marshall

Smucker maintained its full-year EPS guidance despite higher tariffs, offset by better-than-expected coffee elasticity, resulting in a neutral overall tone.

"our outlook for the full year has not changed at the midpoint. We still have a $9 midpoint guidance range."

SJM WATCH

HIGH

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