SJMThe J. M. Smucker Company

$12B

Q1 2023 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$1.9B+0.8% YoY

Gross Profit

$553M29.5% margin

Operating Income

$180M9.6% margin

Net Income

$110M5.9% margin

EPS (Diluted)

$1.03

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

-$39M

Free Cash Flow

-$127M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$16.3B

Total Liabilities

$8.1B

Stockholders' Equity

$8.1B

Cash & Equivalents

$152M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.9B	+0.8%
Gross Profit	$553M	$639M	-13.6%
Operating Income	$180M	$259M	-30.7%
Net Income	$110M	$154M	-28.7%

Revenue Segments

U.S. Retail Pet Foods

$729M39%

U.S. Retail Coffee

$598M32%

U.S. Retail Consumer Foods

$311M17%

International and Away From Home

$235M13%

Geographic Segments

UNITED STATES

$1.8B93%

All Other International

$132M7%

SJM Q1 2023 Earnings — The J. M. Smucker Company Revenue & Financial Results | Market Cap Arena