Categories AlphaGraphs, Consumer, Earnings
Infographic: Key highlights from J.M. Smucker’s (SJM) Q1 2023 earnings results
The J.M. Smucker Co. (NYSE: SJM) reported first quarter 2023 earnings results today.
Net sales inched up 1% year-over-year to $1.87 billion, beating estimates.
Net income declined to $109.8 million, or $1.03 per share, compared to $153.9 million, or $1.42 per share, last year. Adjusted EPS fell 12% to $1.67 but surpassed projections.
The company raised its outlook for the full year of 2023 and now expects sales to grow 4-5% year-over-year versus the previous range of 3.5-4.5%. Adjusted EPS is now expected to be $8.20-8.60 versus the prior range of $7.85-8.25.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
