Categories AlphaGraphs, Consumer, Earnings
SJM Infographic: Highlights of J.M. Smucker’s Q3 2023 report
The J.M. Smucker Co. (NYSE: SJM) on Tuesday announced third-quarter 2023 financial results, reporting a decline in adjusted profit and an increase in net sales.
At $2.22 billion, third-quarter sales were up 8% year-over-year, reflecting higher sales across all key business divisions except the US Retail Consumer Foods segment which remained unchanged.
Meanwhile, adjusted earnings, excluding special items, declined 5% annually to $2.21 per share. On a reported basis, net income more than doubled to $208.5 million or $1.95 per share.
Check this space to read management/analysts’ comments on quarterly reports
Mark Smucker, the company’s chief executive officer, said, “Looking ahead, we will continue to advance our strategic priorities, which have supported our commitment to enhanced prioritization, improved profitability and product mix, and greater organizational agility, positioning us to deliver consistent top-and bottom-line growth and shareholder value.”
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
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
