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JM Smucker Serves Up Underbaked Sales as Hostess’s Little Treats Go Stale
Yahoo Finance· 2026-02-27 05:01
People keep drinking coffee, even in tough economic times, but they skip the mini donuts. Folgers-owner JM Smucker reported its net sales rose 7% in the most recent quarter, boosted by pricier coffee due to tariffs and harsh weather conditions. But Donettes- and Twinkies-maker Hostess, which Smucker acquired for $5.6 billion in 2023, is struggling. Comparable revenue in Smucker’s sweet baked goods sector fell 11%. The Uncrustables purveyor, which also expects profits to take a hit from a recent fire at ...
J. M. Smucker(SJM) - 2026 Q3 - Earnings Call Transcript
2026-02-26 15:00
The J. M. Smucker Company (NYSE:SJM) Q3 2026 Earnings call February 26, 2026 09:00 AM ET Speaker7Good morning, welcome to The J.M. Smucker Company's fiscal 2026 third quarter earnings question and answer session. This conference call is being recorded, and all participants are in a listen-only mode. Please limit yourselves to two questions and re-queue if you have additional questions. I will now turn the conference call over to Crystal Beiting, Vice President, Investor Relations and Financial Planning and ...