J.M. Smucker Co. (SJM) Tops Q4 EPS by 5c
J.M. Smucker Co. (NYSE: SJM) reported Q4 EPS of $1.21, $0.05 better than the analyst estimate of $1.16. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.24 billion.
Segment Performance
Three Months Ended April 30, | Year Ended April 30, | ||||||||||||
2014 | 2013 | % Increase (Decrease) | 2014 | 2013 | % Increase (Decrease) | ||||||||
(Dollars in millions) | |||||||||||||
Net sales: | |||||||||||||
U.S. Retail Coffee | $ 473.5 | $ 535.5 | (12%) | $ 2,161.7 | $ 2,306.5 | (6%) | |||||||
U.S. Retail Consumer Foods | $ 465.8 | $ 485.8 | (4%) | $ 2,172.6 | $ 2,214.8 | (2%) | |||||||
International, Foodservice, and Natural Foods | $ 295.0 | $ 318.4 | (7%) | $ 1,276.3 | $ 1,376.4 | (7%) | |||||||
Segment profit: | |||||||||||||
U.S. Retail Coffee | $ 133.0 | $ 147.7  | (10%) | $ 641.9 | $ 607.5 | 6% | |||||||
U.S. Retail Consumer Foods | $ 95.7 | $ 90.2 | 6% | $ 396.9 | $ 415.3 | (4%) | |||||||
International, Foodservice, and Natural Foods | $ 31.5 | $ 49.5 | (36%) | $ 167.1 | $ 198.2 | (16%) | |||||||
Segment profit margin: | |||||||||||||
U.S. Retail Coffee | 28.1% | 27.6% | 29.7% | 26.3% | |||||||||
U.S. Retail Consumer Foods | 20.6% | 18.6% | 18.3% | 18.8% | |||||||||
International, Foodservice, and Natural Foods | 10.7% | 15.5% | 13.1% | 14.4% | |||||||||
J.M. Smucker Co. sees FY2014 EPS of $5.95-$6.05, versus the consensus of $5.58. Guidance excludes certain noncomparable items of $0.15 per share.
For earnings history and earnings-related data on J.M. Smucker Co. (SJM) click here.