Categories AlphaGraphs, Consumer, Earnings
Infographic: Highlights of J.M. Smucker’s (SJM) Q3 2022 earnings report
The JM Smucker Company (NYSE: SJM) has reported lower earnings and net sales for the third quarter of 2022, reflecting weak performance by the company’s consumer foods and pet foods businesses.
Net income, excluding special items, declined to $2.33 per share in the January-quarter from $2.45 per share in the corresponding period of last year. Unadjusted net profit was $69.7 million or $0.64 per share, sharply lower than $261.5 million or $2.32 per share reported in the third quarter of 2021.
The weak bottom-line performance reflects a 1% year-over-year decline in net sales to $2.1 billion. An increase in sales at the US retail coffee and international & away-from-home segments was more than offset by a decline in the consumer foods and pet foods divisions.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
