J. M. Smucker (SJM) Tops Q2 EPS by 22c, Raises Guidance

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The J.M. Smucker Co. Announces Fiscal 2023 Second Quarter Results

November 21, 2022 7:00 AM EST

ORRVILLE, Ohio, Nov. 21, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced results for the second quarter ended October 31, 2022, of its 2023 fiscal year. Financial results for the second quarter of fiscal year 2023 reflect the divestitures of the natural beverage and grains businesses on January 31, 2022, and the private label dry pet food business on December 1, 2021. All comparisons are to the second quarter of the prior fiscal year, unless otherwise noted.

EXECUTIVE SUMMARY

Net sales increased $155.1 million,... More