J.M. Smucker Company (The) (SJM)
Consumer Staples · Branded food and beverage manufacturing
A 129-year-old branded food and beverage manufacturer best known for iconic spreads, coffee, and frozen snacks, now burdened by heavy debt from the Hostess acquisition and suffering significant impairment charges.
What J.M. Smucker Company (The) does
The J.M. Smucker Company manufactures and markets branded food and beverage products primarily in North America, with the majority of sales in the United States (96% of consolidated net sales) and a small presence in Canada. The company operates through five reportable segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, Sweet Baked Snacks, and Away From Home. Its principal products include coffee, frozen handheld products (including Hostess brand items acquired in 2023), sweet baked goods, pet snacks, peanut butter, cat food, fruit spreads, and toppings and syrups, sold through retail outlets, foodservice distributors, and various wholesale channels.
Themes: ["Iconic American consumer brands","Coffee and spreads category leadership","Pet food and nutrition","Sweet baked snacks and confectionery","Foodservice (Away From Home channel)","North American food retail consolidation","Integration post-acquisition","Commodity price volatility","Value brand divestiture strategy"]
Fundamentals
- Price$110.87 as of 2026-07-09 close
- Market cap$12.0B as of 2026-07-10
- 1-year return+6.4% as of 2026-07-09 close
- Net margin-1.5% as of 2026-07-10
- Gross margin+34.3% as of 2026-07-10
- ROE-2.4% as of 2026-07-10
- Debt / equity1.26 as of 2026-07-10
- Revenue growth (YoY)+3.7% as of 2026-07-10
- Beta0.25 as of 2026-07-10
Dividend: yield +4.0%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["High debt burden from Hostess acquisition and ongoing impairment charges ($962M in goodwill and intangible asset impairments in 9M 2026) have driven negative net income of -$526.8M YTD with accumulated deficit of -$372.8M","Significant commodity and supply chain cost volatility affecting raw materials (green coffee, peanuts, flour, sugar, oils, fats, fruit) with elevated costs persisting in 2026, requiring material price increases that may impact consumer demand","Foreign sourcing dependency (green coffee and other raw materials sourced solely from foreign countries) exposes the company to weather, global supply/demand shocks, and production capacity constraints"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.