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SJMJ.M. Smucker

Consumer staples · Packaged Foods · NYSE

The Company: The J. M. Smucker Company (“Company,” “registrant,” “we,” “us,” or “our”), often referred to as Smucker’s (a registered trademark), was established in 1897 and incorporated in Ohio in 1921. 10-K, Item 1

Headquarters
Orrville, OH
CEO
Mark T. Smucker
Next results
around Nov 24, 2026
Compare with peers → Embed
RevenueFY2017–26 $9.1B+3.7% Highest in 10 years 10-K FY2026 · XBRL Net incomeFY2017–26 −$138.7M FY2025: −$1.2B 10-K FY2026 · XBRL Free cash flowFY2017–26 $1.2B+41.6% FY2025: $816.6M 10-K FY2026 · XBRL Operating marginFY2017–26 4.0%+11.7 pts 14.1% in FY2017 10-K FY2026 · XBRL

What changed

10-K filed Jun 9, 2026 against Jun 18, 2025
AreaWhat changedSource
Risk factors6 new paragraphs, nothing like them in the previous 10-K10-K Item 1A
Critical audit matters changedNew this year: Hostess brand trademark and Sweet Baked Snacks reporting unit interim impairment test (“As discussed in Note 1 and Note 7 of the consolidated financial statements, the Company’s goodwill and indefinite-lived trademarks are quantitatively tested for impairment at least annually on February 1, or when events or circumstances occur that would more likely than not reduce the fair value of ”); Quantitative impairment assessment of goodwill and indefinite-lived trademarks (“At April 30, 2026, the Company’s total goodwill and indefinite-lived trademarks were $5.2 billion and $2.6 billion, respectively. Goodwill is assigned to the Company’s reporting units as of the acquisition date. As discussed in Note 1 and Note 7 of the consolidated financial statements, the Company’”). No longer listed: Hostess brand indefinite-lived intangible trademark impairment evaluation; To test the estimated fair value of the Hostess brand indefinite-lived intangible trademark, we; Sweet Baked Snacks goodwill impairment evaluation; Auditing the Company’s quantitative impairment tests of the Sweet Baked Snacks reporting; Baked Snacks reporting unit, including controls over the significant assumptions mentioned; To test the estimated fair value of the Sweet Baked Snacks reporting unit, we performed; Company in its quantitative test. As it pertains to revenue growth, we compared the; We assessed the historical accuracy of management’s estimates. In addition, we involved; Specifically, we evaluated the components of the weighted average cost of capital10-K · XBRL
Accounting checks10 other checks clear, 1 worth a look10-K · XBRL
InsidersNo open-market buys in the last 90 daysForm 4
Filings0 in the last 30 daysEDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Jun 9, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-06-18. Quoted as filed.

  1. In particular, the anticipated benefits of our acquisition of Hostess Brands depend in part on our ability to maintain operational stability and continue executing ongoing optimization initiatives. The Hostess Brands business has been substantially integrated into our operations; however, managing a larger and more complex organization…
    10-K, Item 1A
All 6 new paragraphs →

Accounting checks

latest 10-K

10 of 11 clear 1 worth a look. Checks, not verdicts.

  • !
    Critical audit matters changedNew this year: Hostess brand trademark and Sweet Baked Snacks reporting unit interim impairment test (“As discussed in Note 1 and Note 7 of the consolidated financial statements, the Company’s goodwill and indefinite-lived trademarks are quantitatively tested for impairment at least annually on February 1, or when events or circumstances occur that would more likely than not reduce the fair value of ”); Quantitative impairment assessment of goodwill and indefinite-lived trademarks (“At April 30, 2026, the Company’s total goodwill and indefinite-lived trademarks were $5.2 billion and $2.6 billion, respectively. Goodwill is assigned to the Company’s reporting units as of the acquisition date. As discussed in Note 1 and Note 7 of the consolidated financial statements, the Company’”). No longer listed: Hostess brand indefinite-lived intangible trademark impairment evaluation; To test the estimated fair value of the Hostess brand indefinite-lived intangible trademark, we; Sweet Baked Snacks goodwill impairment evaluation; Auditing the Company’s quantitative impairment tests of the Sweet Baked Snacks reporting; Baked Snacks reporting unit, including controls over the significant assumptions mentioned; To test the estimated fair value of the Sweet Baked Snacks reporting unit, we performed; Company in its quantitative test. As it pertains to revenue growth, we compared the; We assessed the historical accuracy of management’s estimates. In addition, we involved; Specifically, we evaluated the components of the weighted average cost of capital
  • ✓
    Receivables +6.0% vs revenue +3.7% (+2.3 pts)
  • ✓
    Cash from operations $1.5B vs net income −$138.7M (FY ending 2026-04-30)
  • ✓
    Inventory -6.9% vs revenue +3.7% (-10.6 pts)
  • ✓
    Same auditor in both 10-Ks: Ernst & Young LLP
  • ✓
    No statement of substantial doubt about going concern
  • ✓
    No 8-K item 4.02 in the last 2 years
  • ✓
    No NT 10-K or NT 10-Q in the last 2 years
  • ✓
    No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • ✓
    No 8-K item 2.06 in the last 2 years
  • ✓
    No 8-K item 1.03 in the last 2 years
How each check works, with sources →

In the last 30 days

All filings →

Nothing new. The most recent filings:

Work on SJM in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/SJM/export.csv") into a cell.