J M SMUCKER Co (SJM): Results of Operations and Financial Condition

Nvidia (NVDA) is expected to report Q2 earnings of $2.09 per share on $92.01B revenue. Intuit (INTU) beat Q4 estimates but guidance fell short, shares dropped 10.2%. Zoom (ZM) topped Q2 expectations but issued weak Q3 guidance, shares fell 5%. Analysts expect Williams-Sonoma (WSM) and J.M. Smucker (SJM) to report earnings today.

SJM (J.M. Smucker) will report Q1'26 earnings on August 26. Analysts expect revenue of $2.13B and EPS of $2.22. Results will be released at 7:00 AM ET.

Utz UTZ.N agreed to be taken private by Germany’s Intersnack Group, with Utz’s founding families, in a deal valued at nearly $3 billion, the first U.S. acquisition for Intersnack. The article cites other family-led snack deals including Ferrero’s purchases of WK Kellogg and Power Crunch, and Mars’s $36 billion take-private of Kellanova. It notes valuation multiples and potential targets.

JM Smucker said its Uncrustables brand surpassed $1 billion in annual sales in Q4, adding 3 million new households over the past year. The company reported Q4 earnings of $2.77 per share on $2.27 billion revenue, beating estimates of $2.65 on $2.27 billion, and shares rose over 10% after hours to $112.98. Smucker cited growth in Café Bustelo and pet brands.

J.M. Smucker said it expects profit improvement in coffee as the commodity environment moderates, while it is cautious about forecasting volume response to lower prices because consumers remain guarded. For fiscal 2027, it expects net sales roughly flat in Q1, with coffee deflation impacting more in Q2+. Uncrustables hit $1B sales; Smucker targets mid-single-digit growth in fiscal 2027. It generated $1.2B free cash flow in 2026, repaying $700M+ debt, and targets at least $1B FCF in 2027 while as

US stocks pared early gains as chipmakers and software firms fell. Marvell, Qualcomm, ARM and others dropped, while ServiceNow and Salesforce also declined. Treasury yields were pressured by a $58B 3-year auction and stronger May existing home sales. In Europe, Bund and gilt yields fell; swaps price a 100% chance of a 25 bp ECB hike. UNFI slid after Q3 sales missed; Nuvalent surged on a $10.6B GSK buyout.