Here's What Key Metrics Tell Us About Smucker (SJM) Q4 Earnings

Core Insights - Investors focus on year-over-year changes in key metrics to assess a company's performance and project stock price movements [1] Group 1: Company Performance Metrics - Smucker reported net sales of $450.50 million in U.S. Retail Frozen Handheld and Spreads, slightly above the analyst estimate of $450.15 million, with a year-over-year decline of 0.6% [2] - U.S. Retail Coffee net sales were $666.10 million, below the estimate of $671.04 million, reflecting a year-over-year decrease of 3.8% [2] - U.S. Retail Pet Foods net sales were $452.60 million, significantly lower than the estimate of $493.83 million, showing a year-over-year decline of 42.4% [2] - International and Away From Home net sales reached $299.50 million, slightly below the estimate of $301.09 million, with a year-over-year change of -1.4% [2] - Sweet Baked Snacks net sales were $337 million, compared to the average estimate of $349 million [2] - Segment profit for U.S. Retail Coffee was $210.30 million, exceeding the estimate of $195.96 million [2] - Segment profit for U.S. Retail Pet Foods was $114.10 million, below the estimate of $121.96 million [2] - Corporate administrative expenses were reported at -$89.90 million, better than the average estimate of -$99 million [2] - Segment profit for International and Away From Home was $61.10 million, surpassing the estimate of $49.44 million [2] - Segment profit for U.S. Retail Frozen Handheld and Spreads was $95.80 million, above the estimate of $90.74 million [2] Group 2: Financial Overview - Smucker reported total revenue of $2.21 billion for the quarter ended April 2024, a year-over-year decline of 1.3% [4] - Earnings per share (EPS) for the quarter were $2.66, compared to $2.64 a year ago, indicating a positive trend [4] - The reported revenue was a surprise of -1.83% compared to the Zacks Consensus Estimate of $2.25 billion [4] - The EPS surprise was +14.66% against the consensus estimate of $2.32 [4] Group 3: Stock Performance - Smucker's shares have returned -2.4% over the past month, while the Zacks S&P 500 composite has increased by +4.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]