Filing Flows › J M Smucker (SJM) › How it makes money
How J M Smucker (SJM) makes money
J M Smucker (SJM) made $2.2B of revenue in the first quarter fiscal 2027 (Q1 FY27), +5% from a year earlier. U.S. Retail Coffee brought in $808M (36%); U.S. Retail Frozen Handheld and Spreads brought in $499M (22%); U.S. Retail Pet Foods brought in $372M (17%). Of every dollar of revenue, 44¢ was left as gross profit, 23¢ was left as operating profit, 15¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q1 FY27
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| U.S. Retail Coffee | $808M | 36.4% | — | +13% |
| U.S. Retail Frozen Handheld and Spreads | $499M | 22.5% | — | +3% |
| U.S. Retail Pet Foods | $372M | 16.7% | — | +1% |
| Sweet Baked Snacks | $236M | 10.7% | — | -7% |
| Away From Home | $204M | 9.2% | — | +3% |
| Other | $100M | 4.5% | — | +9% |
Where each dollar of revenue goes
| Line | Q1 FY27 | % of revenue |
|---|---|---|
| Revenue | $2.2B | 100.0% |
| Cost of revenue | $1.2B | 55.9% |
| Gross profit | $980M | 44.1% |
| Operating expenses | $468M | 21.1% |
| Operating profit | $512M | 23.1% |
| Income tax | $104M | 4.7% |
| Net earnings | $324M | 14.6% |
| Operating cash flow | $426M | 19.2% |
| Free cash flow | $337M | 15.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q1 FY27 | $2.2B | +5% |
| Q4 FY26 | $2.3B | +6% |
| Q3 FY26 | $2.3B | +7% |
| Q2 FY26 | $2.3B | +3% |
| Q1 FY26 | $2.1B | -0.6% |
| Q4 FY25 | $2.1B | -3% |
| Q3 FY25 | $2.2B | -2% |
From J M Smucker's 10-Q filed Aug 26, 2026 (on EDGAR).
Questions
How does J M Smucker make money?
J M Smucker (SJM) made $2.2B of revenue in the first quarter fiscal 2027 (Q1 FY27), +5% from a year earlier. U.S. Retail Coffee brought in $808M (36%); U.S. Retail Frozen Handheld and Spreads brought in $499M (22%); U.S. Retail Pet Foods brought in $372M (17%). Of every dollar of revenue, 44¢ was left as gross profit, 23¢ was left as operating profit, 15¢ was left as net earnings.
What is J M Smucker's biggest business?
U.S. Retail Coffee: $808M in the first quarter fiscal 2027, 36% of revenue, +13% from a year earlier.
What is J M Smucker's profit margin?
Net earnings were $324M, 14.6% of revenue, in the first quarter fiscal 2027; the operating margin was 23.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.