Filing Flows › J M Smucker (SJM) › Q1 FY27 › vs Q1 FY26
J M Smucker (SJM) Q1 FY27 vs Q1 FY26 (year over year)
J M Smucker's revenue rose $106M (+5%) from $2.1B in Q1 FY26 to $2.2B in Q1 FY27. The biggest changes: U.S. Retail Coffee +$90.6M (+13%); Sweet Baked Snacks −$16.7M (-7%); U.S. Retail Frozen Handheld and Spreads +$14.6M (+3%). Gross margin 44.1% against 22.5% (+21.7 pts).
J M Smucker, Q1 FY27: revenue $2.2B (+5% year over year), operating margin 23.1%, net earnings $324M, operating cash flow $426M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 44.1% | 22.5% | +21.7 pts |
| Operating margin | 23.1% | 2.2% | +20.9 pts |
| Net margin | 14.6% | -2.1% | +16.7 pts |
| Free cash flow margin | 15.2% | -4.5% | +19.7 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| U.S. Retail Coffee | $808M | $717M | $90.6M | +13% |
| U.S. Retail Frozen Handheld and Spreads | $499M | $485M | $14.6M | +3% |
| U.S. Retail Pet Foods | $372M | $368M | $3.7M | +1% |
| Sweet Baked Snacks | $236M | $253M | −$16.7M | -7% |
| Away From Home | $204M | $198M | $5.4M | +3% |
| Other | $100M | $91.9M | $8.4M | +9% |
| Revenue | $2.2B | $2.1B | $106M | +5% |
| Gross profit | $980M | $475M | $505M | +106% |
| Cost of revenue | $1.2B | $1.6B | −$399M | -24% |
| Operating profit | $512M | $45.6M | $466M | 11× |
| Operating expenses | $468M | $429M | $38.9M | +9% |
| Pre-tax earnings | $428M | −$56.5M | $484M | — |
| Other expense, net | $83.7M | $102M | −$18.4M | -18% |
| SG&A | $410M | $377M | $33.1M | +9% |
| Other operating costs | $57.5M | $51.7M | $5.8M | +11% |
| Net earnings | $324M | −$43.9M | $368M | — |
| Income tax | $104M | −$12.6M | $116M | — |
| Depreciation & amortization | $128M | $135M | −$7.7M | -6% |
| Share-based compensation | $12.2M | $9.0M | $3.2M | +36% |
| Working capital & other | $38.3M | $111M | −$72.6M | -65% |
| Operating cash flow | $426M | −$10.6M | $436M | — |
| Free cash flow (OCF − capex) | $337M | −$94.9M | $432M | — |
| Capital expenditures | $88.4M | $84.3M | $4.1M | +5% |
Questions
How much did J M Smucker's revenue grow year over year in Q1 FY27?
J M Smucker's revenue rose $106M (+5%) from $2.1B in Q1 FY26 to $2.2B in Q1 FY27.
What drove J M Smucker's revenue change in Q1 FY27?
U.S.