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JM Smucker Lowers Earnings Forecast Amid Tariff Relief

11/26/2025

Summary

Story summary

JM Smucker Co. lowered its full-year earnings guidance after canceling a planned coffee price increase due to tariff relief.
The company will absorb $75 million in tariff costs this year, affecting current results but improving next year.
Adjusted earnings per share are projected at $8.75 to $9.25, down from $8.50 to $9.50.
The company faces declining sales in several categories, including peanut butter and fruit spreads, while Uncrustables targets $1 billion.

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Story summary

JM Smucker Co. lowered its full-year earnings guidance after canceling a planned coffee price increase due to tariff relief.
The company will absorb $75 million in tariff costs this year, affecting current results but improving next year.
Adjusted earnings per share are projected at $8.75 to $9.25, down from $8.50 to $9.50.
The company faces declining sales in several categories, including peanut butter and fruit spreads, while Uncrustables targets $1 billion.