JM Smucker Stock Jumps as Jam Maker Beats Profit Estimates and Boosts Its Outlook

Group 1 - J.M. Smucker shares increased after the company reported better-than-expected earnings and raised its outlook due to strong sales in frozen foods and coffee [1][3] - The company reported adjusted earnings per share (EPS) of $2.76 for the fiscal second quarter of 2025, exceeding analysts' expectations, with revenue rising 17% year-over-year to $2.27 billion [1][3] - Key products driving sales included Uncrustables, Meow Mix, Cafe Bustelo, and Jif [2][3] Group 2 - Revenue from the U.S. Retail Frozen Handheld and Spreads unit increased by 5%, while the U.S. Retail Coffee group saw a 3% rise; however, pet food and international food away from home revenues declined [3] - The company has adjusted its full-year EPS outlook to a range of $9.70 to $10.10, up from the previous forecast of $9.60 to $10 [3] - CEO Mark Smucker emphasized the focus on integrating Hostess Brands, which was acquired last year, and mentioned taking decisive actions to grow this segment [3]