J M SMUCKER Co

Company facts

Industry

Canned, Fruits, Veg, Preserves, Jams & Jellies

Headquarters

Orrville, Ohio

Most recent report

10-Q, filed Aug 26, 2026

Incorporated

Ohio

Filings on record

1,000+ filings

On EDGAR

CIK 91419

Fiscal year ends

April

Filer status

Large accelerated filer

What to read: Jul 2026 10-Q

SECSift found 2 of 11 sections worth reading, with 2 positive, 4 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Net income swung from -$43.9M to +$324.3M; huge derivative gain; tariff refunds; debt paydown.
  Positive

  • Prepaid $500M on Term Loan; short-term borrowings fell from $420.9M to $193.5M.
  • Received ~$115M in tariff refunds in Q1 2027, recognized in cost of products sold.
  Notable

  • New operating lease commitment for a distribution center, ~$22M, starting Q2 2027.

• Management's Discussion (Item 2)

  Strong operating turnaround with tariff refunds and non-GAAP adjustments; segment divergences and liquidity details matter.
  Notable

  • Gross profit included $115M in tariff refunds and large derivative gains; adjusted gross profit rose 28%.
  • Supplier financing program obligations stood at $336.1M as of July 31, 2026, up from $325.1M.
  • No share repurchases under board plan in Q1 2027; dividends declared rose to $1.12 per share.
  Negative

  • Sweet Baked Snacks sales fell 7% and segment profit dropped 13% in Q1 2027, driven by volume decline.

What changed: Jul 2026 vs. Jan 2026

About 16% of SJM's Jul 2026 10-Q is new information. 42 paragraphs were added, 114 changed, and 117 removed. Below are the most important lines SECSift identified.

• Item 1 51
• Item 2 45
• Item 6 13
• Item 3 7
• Item 4 2
• Item 1A 1
• Item 5 1