J.M. Smucker Earnings: SJM Stock Slumps on Disappointing Fiscal 2026 Outlook - Barron's
1. SJM shares fell 13.80% after mixed quarterly earnings report. 2. Adjusted earnings beat expectations, but net sales missed estimates. 3. Profit projection lowered significantly for the fiscal year ending April 2026. 4. Weakness in Sweet Baked Snacks, including Hostess Brands, impacts overall performance. 5. Macroeconomic factors and high costs are affecting SJM's operational outlook.