SJM Q2 2024 Earnings — The J. M. Smucker Company Revenue & Financial Results | Market Cap Arena

SJMThe J. M. Smucker Company

$12B

Q2 2024 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$1.9B-12.1% YoY

Gross Profit

$724M37.4% margin

Operating Income

$299M15.4% margin

Net Income

$195M10.1% margin

EPS (Diluted)

$1.90

QoQ Revenue Growth

+7.4%

Cash Flow

Operating Cash Flow

$177M

Free Cash Flow

$28M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$18.1B

Total Liabilities

$11.0B

Stockholders' Equity

$7.1B

Cash & Equivalents

$3.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$2.2B	-12.1%
Gross Profit	$724M	$701M	+3.3%
Operating Income	$299M	$293M	+1.9%
Net Income	$195M	$191M	+2.0%

Revenue Segments

U.S. Retail Coffee

$686M35%

U.S. Retail Consumer Foods

$464M24%

U.S. Retail Pet Foods

$464M24%

International and Away From Home

$325M17%

Geographic Segments

UNITED STATES

$1.8B92%

All Other International

$166M8%