J.M. Smucker reports U.S. Retail Coffee net sales of $738.6 million in the fourth quarter of fiscal year 2025

ORRVILLE, Ohio, USA – The J.M. Smucker Co. yesterday (June 10, 2025) announced results for the fourth quarter of its fiscal year ending April 30, 2025. Financial results for the fourth quarter and fiscal year reflect the divestiture of certain Sweet Baked Snacks value brands on March 3, 2025, divestiture of the Voortman business on December 2, 2024, divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. (“Hostess Brands”) on November 7, 2023, and divestiture of the Sahale Snacks® business on November 1, 2023.

All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted:

• Net sales for the quarter was $2.1 billion, a decrease of $61.9 million, or 3 percent. Net sales for the quarter excluding the divestitures and foreign currency exchange decreased 1 percent.
• For the fiscal year, net sales was $8.7 billion, an increase of 7 percent. Net sales excluding the acquisition, divestitures, and foreign currency exchange was flat.
• Net loss per diluted share for the quarter was $6.85. Adjusted earnings per share was $2.31, a decrease of 13 percent.
• For the fiscal year, net loss per diluted share was $11.57. Adjusted earnings per share was $10.12, an increase of 2 percent.
• Cash provided by operations for the quarter was $393.9 million compared to $428.1 million in the prior year. Free cash flow was $298.9 million for the quarter and $816.6 million for the fiscal year.
• Return of cash to shareholders through dividends was $114.5 million for the quarter and $455.4 million for the fiscal year.
• The Company provided its fiscal year 2026 outlook, with net sales expected to increase 2.0 to 4.0 percent, adjusted earnings per share to range from $8.50 to $9.50, and free cash flow of $875.0 million.

The J.M. Smucker Co.: U.S. Retail Coffee

Net sales increased $72.5 million, or 11 percent, to $738.6 million. Net price realization increased net sales by 10 percentage points, primarily driven by higher net pricing for the Folgers® and Café Bustelo® brands.

Volume/mix was neutral to net sales, reflecting an increase for the Café Bustelo® brand, mostly offset by a decrease for the Folgers® brand.

Segment profit increased $0.9 million, as higher net price realization and lower marketing expenses were mostly offset by higher commodity costs.