Categories AlphaGraphs, Consumer, Earnings
SJM Infographic: Highlights of J.M. Smucker’s Q4 2023 report
The J.M. Smucker Co. (NYSE: SJM) on Tuesday announced fourth-quarter 2023 financial results, reporting an increase in adjusted profit and net sales.
At $2.23 billion, fourth-quarter sales were up 10% year-over-year, reflecting higher sales across all key business divisions.
As a result, adjusted earnings, excluding special items, increased 18% annually to $2.64 per share. On a reported basis, it was a net loss of $600.7 million or $5.69 per share in Q4, compared to a net profit of $202.1 million or $1.87 per share last year.
Mark Smucker, the company’s chief executive officer, said, “Looking ahead to fiscal year 2024, we are focusing on sustaining our business momentum by investing in growth platforms, such as Uncrustables sandwiches and Milk-Bone dog treats, and supporting our talented employees whose hard work and dedication have been instrumental to our success.”
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
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
