SJM Q1 2024 Earnings — The J. M. Smucker Company Revenue & Financial Results | Market Cap Arena

SJMThe J. M. Smucker Company

$12B

Q1 2024 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$1.8B-3.6% YoY

Gross Profit

$655M36.3% margin

Operating Income

$304M16.8% margin

Net Income

$184M10.2% margin

EPS (Diluted)

$1.79

QoQ Revenue Growth

-19.2%

Cash Flow

Operating Cash Flow

$218M

Free Cash Flow

$68M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$14.7B

Total Liabilities

$7.7B

Stockholders' Equity

$7.0B

Cash & Equivalents

$241M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.9B	-3.6%
Gross Profit	$655M	$553M	+18.5%
Operating Income	$304M	$180M	+68.9%
Net Income	$184M	$110M	+67.2%

Revenue Segments

U.S. Retail Coffee

$625M35%

U.S. Retail Consumer Foods

$464M26%

U.S. Retail Pet Foods

$441M24%

International and Away From Home

$275M15%

Geographic Segments

UNITED STATES

$1.7B92%

All Other International

$155M8%