SJM Q2 2023 Earnings — The J. M. Smucker Company Revenue & Financial Results | Market Cap Arena

SJMThe J. M. Smucker Company

$12B

Q2 2023 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$2.2B+7.6% YoY

Gross Profit

$701M31.8% margin

Operating Income

$293M13.3% margin

Net Income

$191M8.7% margin

EPS (Diluted)

$1.79

QoQ Revenue Growth

+17.7%

Cash Flow

Operating Cash Flow

$205M

Free Cash Flow

$103M

Stock-Based Comp.

-$3M

Balance Sheet

Total Assets

$16.2B

Total Liabilities

$8.0B

Stockholders' Equity

$8.2B

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.0B	+7.6%
Gross Profit	$701M	$712M	-1.5%
Operating Income	$293M	$312M	-5.9%
Net Income	$191M	$206M	-7.2%

Revenue Segments

U.S. Retail Pet Foods

$765M35%

U.S. Retail Coffee

$710M32%

U.S. Retail Consumer Foods

$432M20%

International and Away From Home

$298M14%

Geographic Segments

UNITED STATES

$2.1B93%

All Other International

$167M7%