Every material Form 8-K J.M. Smucker Company (The) filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
J.M. Smucker reported first-quarter fiscal 2027 net sales of $2.2 billion, up 5%, and GAAP net income per diluted share of $3.03, compared with a loss of $0.41 a year earlier. The company raised its full-year fiscal 2027 adjusted earnings per share guidance to $10.50 to $11.00 from $9.75 to $10.25, and its free cash flow outlook to $1.1 billion from $1.0 billion, with the adjusted EPS figures including tariff refunds received in the quarter.
Net sales were $2,219.3 million, up $106.0 million or 5% from $2,113.3 million a year earlier.
GAAP net income per diluted share was $3.03; adjusted EPS was $3.24, up 71% from $1.90, including an $0.84 benefit from tariff refunds.
Fiscal 2027 adjusted EPS guidance is $10.50 to $11.00, up from $9.75 to $10.25; net sales are now expected to decrease 1.0% to 2.0%, versus the prior decrease of 3.0% to 4.0%.
Free cash flow for the quarter was $337.3 million, compared with negative $94.9 million a year earlier.
J.M. Smucker reported fourth-quarter fiscal 2026 net sales of $2.3 billion, up 6%, and adjusted earnings per share of $2.77, up 20%. For the full fiscal year, adjusted EPS fell 10% to $9.15 and the company posted a net loss of $1.30 per diluted share, while it guided fiscal 2027 net sales down 3.0% to 4.0% and adjusted EPS of $9.75 to $10.25.
Q4 net sales $2.3 billion (about $2,268.1 million), up 6%; adjusted EPS $2.77 vs. $2.31 a year earlier.
Q4 GAAP net income $3.64 per diluted share, compared with a net loss of $6.85 in the prior-year quarter, which included $867.3 million of goodwill impairment charges.
Fiscal 2026 net sales $9.1 billion, up 4%; net loss of $1.30 per diluted share; adjusted EPS $9.15, down 10%.
Fiscal 2027 outlook: net sales down 3.0% to 4.0%, adjusted EPS $9.75 to $10.25, free cash flow about $1.0 billion.
J.M. Smucker entered a separation agreement with John Brase, its former President and Chief Operating Officer, effective February 26, 2026, after he stopped being an executive officer. The agreement includes cash payments, accelerated vesting of some equity awards, and a release of claims, and the company says its terms are consistent with its Executive Severance Plan and equity award agreements.
Lump sum base salary payment of $1,185,000 (18 months of salary), payable April 17, 2026
Lump sum incentive payment of $611,885 for fiscal year 2026 pro rata, payable April 17, 2026
Portions of restricted stock, options and performance units vest; remaining unvested awards are forfeited
Vested options must be exercised by May 10, 2026; the full agreement will be filed with the 10-K for the period ending April 30, 2026
J.M. Smucker's board increased its size to 11 members and elected Woo-Sung (Bruce) Chung, CFO of NRG Energy, and David Singer, former CEO of Snyder's-Lance, effective April 15, 2026. The appointments follow engagement with Elliott Investment Management, and the company has entered an information-sharing agreement with Elliott. The filing reports no financial results, so the change is a governance development rather than a direct financial measure.
Board expanded to 11 directors, with 10 described as independent, effective April 15, 2026
Chung and Singer will both serve on the Audit Committee; Mercedes Abramo moves from Audit to Nominating, Governance, and Corporate Responsibility Committee
Appointments follow constructive engagement with Elliott Investment Management, which the company describes as one of its largest investors
Company will enter indemnity agreements with Chung and Singer, in substantially the same form as those with current directors
J.M. Smucker reported fiscal third-quarter results for the period ended January 31, 2026, with net sales of $2.3 billion, up 7%, but a GAAP net loss of $6.79 per diluted share driven by noncash impairment charges tied to Sweet Baked Snacks. Adjusted earnings per share fell 9% to $2.38. The company lowered the top end of its full-year net sales growth outlook because of a February fire at its Emporia, Kansas facility, while keeping its adjusted EPS guidance of $8.75 to $9.25.
Net sales were $2,339.4 million, up 7% from $2,186.0 million; adjusted EPS was $2.38, down 9% from $2.61.
GAAP net loss was $6.79 per diluted share versus a $6.22 loss a year earlier, including a $507.5 million goodwill impairment and a $454.2 million other intangible assets impairment.
Full-year net sales growth outlook is now 3.5% to 4.0%, down from 3.5% to 4.5%, citing the Emporia, Kansas fire; adjusted EPS guidance of $8.75 to $9.25 is unchanged.
Cash provided by operations was $558.5 million versus $239.4 million a year earlier; free cash flow was $487.0 million versus $151.3 million.
J.M. Smucker said John Brase, President and Chief Operating Officer, is no longer an executive officer effective February 9, 2026, and the company has eliminated the COO role. The company also made several promotions, including Mark Smucker resuming the President title, and said it expects to maintain its fiscal 2026 outlook, with an update due on February 26, 2026.
John Brase is no longer an executive officer effective February 9, 2026; the company expects to enter a separation agreement with him.
Tucker Marshall's base salary rises from $725,000 to $745,000 after his promotion to Chief Financial Officer | Executive Vice President.
Robert Ferguson was elected an executive officer as Chief Product Supply Officer, with a base salary of $700,000.
The company expects to maintain its fiscal 2026 outlook and will update it on its third quarter earnings call on February 26, 2026.
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every J.M. Smucker Company (The) filing is on SEC EDGAR ↗. 8-K briefs of other companies →