The J.M. Smucker Co. (NYSE: SJM) reported its second quarter 2025 earnings outcomes right now.
Internet gross sales was $2.27 billion, up 17% from the identical interval final yr. Comparable gross sales elevated 2%.
Internet loss was $24.5 million, or $0.23 per share, in comparison with internet revenue of $194.9 million, or $1.90 per share, final yr. Adjusted EPS grew 7% year-over-year to $2.76.
Income and earnings beat estimates.
For fiscal yr 2025, internet gross sales is predicted to extend 8.5-9.5% in comparison with the earlier yr. Comparable gross sales is predicted to extend approx. 1-2%. Adjusted EPS is now anticipated to vary between $9.70-10.10 versus the earlier vary of $9.60-10.00.
The earnings beat and steerage hike despatched the inventory climbing over 6% in premarket hours on Tuesday.