SJMThe J. M. Smucker Company

$12B

Q3 2023 Earnings

Consumer Defensive Packaged Foods

Income Statement

Revenue

$2.2B+7.7% YoY

Gross Profit

$756M34.1% margin

Operating Income

$318M14.3% margin

Net Income

$209M9.4% margin

EPS (Diluted)

$1.95

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$585M

Free Cash Flow

$443M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$16.0B

Total Liabilities

$7.7B

Stockholders' Equity

$8.3B

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.1B	+7.7%
Gross Profit	$756M	$683M	+10.6%
Operating Income	$318M	$151M	+111.1%
Net Income	$209M	$70M	+199.1%

Revenue Segments

U.S. Retail Pet Foods

$759M34%

U.S. Retail Coffee

$735M33%

U.S. Retail Consumer Foods

$434M20%

International and Away From Home

$288M13%

Geographic Segments

UNITED STATES

$2.1B93%

All Other International

$161M7%

SJM Q3 2023 Earnings — The J. M. Smucker Company Revenue & Financial Results | Market Cap Arena