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
Important takeaways from Conagra Brands’ Q4 2025 report
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported weaker-than-expected sales and adjusted earnings for its fourth quarter, reflecting ongoing economic uncertainty and muted consumer spending.
Delta Air Lines (DAL) gains on strong Q2 2025 performance
Shares of Delta Air Lines (NYSE: DAL) rose 12% on Thursday after the company delivered strong results for the second quarter of 2025 and restored its guidance for the full
CAG Earnings: Conagra Brands Q4 adj. profit drops, misses estimates
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported lower sales and adjusted earnings for the fourth quarter of 2025. Results missed analysts' estimates. Net sales