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.

The J.M. Smucker Q4 2023 earnings infographic

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

  • JM-Smucker-Q2-2023-Earnings-Infographic
  • JM-Smucker-Q1-2023-Earnings-Infographic
  • JM Smucker Q4 2022 Earnings Infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

What to look for when CVS Health (CVS) reports Q3 earnings

Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain

eBay (EBAY): A few factors that helped drive growth in Q3 2024

Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top