The J.M. Smucker Co. (NYSE: SJM) reported fourth quarter 2022 earnings results today.
Net sales increased 6% year-over-year to $2.03 billion.
Net income increased 37% to $202.1 million while EPS rose 39% to $1.87. Adjusted EPS rose 18% YoY to $2.23.
For FY2023, sales are expected to increase 3.5-4.5% YoY.