The J.M. Smucker's Coffee Business Surges: Is Growth Durable?

Key Takeaways SJM's U.S. Retail Coffee sales rose 23% to $908.2 million in Q3 on higher pricing. Cafe Bustelo net sales jumped 46%, with volume/mix up 20% and share gains across coffee segments. J.M. Smucker expects Cafe Bustelo to top $500 million in fiscal 2026 sales, up more than $100 million. The J.M. Smucker Company (SJM) has been benefiting from the strength of its Coffee business, which remained a standout in the third quarter of fiscal 2026. The company’s U.S. Retail Coffee business delivered strong ...