Overview

• JM Smucker reported adjusted earnings per share of $2.76 for Q2 FY25, surpassing analysts' expectations of $2.51.
• Quarterly revenue rose 17% year-over-year to $2.27 billion, driven by strong sales of Uncrustables, Meow Mix, Café Bustelo, and Jif brands.
• The company's U.S. Retail Coffee segment saw a 3% sales increase, while frozen handheld and spreads grew 5%; pet food sales declined by 4%.
• JM Smucker raised its full-year EPS forecast to $9.70-$10.10, up from its previous range of $9.60-$10.00, citing resilient consumer demand and price adjustments.
• CEO Mark Smucker emphasized the company's focus on integrating Hostess Brands, acquired last year, to drive future growth.