Folgers coffee, Jif peanut butter parent aims to absorb some tariff costs for shoppers - MarketWatch
1. Smucker's profit forecast for FY 2026 is notably below consensus estimates. 2. Sales growth projected at 2-4%, lower than analyst expectations. 3. Fourth-quarter gross margin fell to 38.4% from 41.4% year-on-year. 4. Net loss of $729 million contrasts sharply with previous year's profit. 5. Stock dropped 11.5%, nearing its lowest level since March 2020.