07:29 AM EDT, 08/27/2025 (MT Newswires) -- J.M. Smucker (SJM) reported fiscal Q1 adjusted earnings Wednesday of $1.90 per diluted share, down from $2.44 a year earlier.

Analysts polled by FactSet expected $1.93.

Net sales for the quarter ended July 31 were $2.11 billion, compared with $2.13 billion a year earlier.

Analysts surveyed by FactSet expected $2.12 billion.

For fiscal 2026, the company raised its net sales growth guidance to 3% to 5% from its previous outlook range of 2% to 4%.

J.M. Smucker reiterated its full-year adjusted EPS outlook range of $8.50 to $9.50. Analysts polled by FactSet expect $9.21.

The company's shares were down 4.3% in recent premarket activity.