The J.M. Smucker Co. announced its financial results for the second quarter ended October 31, 2025.
Net sales increased by 3 percent, reaching $2.3 billion.
Adjusted earnings per share decreased by 24 percent to $2.10.
Net Sales Growth
Net sales increased by 3 percent, reflecting positive performance excluding divestitures and currency exchange impact.
Adjusted Earnings
Adjusted earnings per share decreased by 24 percent to $2.10.
Strategic Priorities
The company is focusing on accelerating organic growth, transformation, and maintaining a 'Be Bold' mindset.
- Operating income surged by 147 percent, mainly due to the impact of divestitures and lower amortization expense.
- The effective income tax rate decreased to 24.2 percent from 136.7 percent in the prior year, primarily due to changes in business classification.
The J.M. Smucker Co. remains confident in its financial outlook and strategic priorities, aiming to deliver long-term shareholder value.