The J.M. Smucker Co. (NYSE: SJM) reported second quarter 2023 earnings results today.
Net sales increased 8% to $2.20 billion.
GAAP net income decreased 7% to $191.1 million while EPS dropped 6% to $1.79. Adjusted EPS fell 1% to $2.40.
For full-year 2022, net sales are expected to increase 5.5-6.5% while adjusted EPS is expected to be $8.35-8.75.