The J.M. Smucker Co. (NYSE:SJM) stock rose Tuesday after the packaged food company reported fiscal fourth-quarter 2026 results that topped Wall Street estimates, driven by pricing gains and strength in its coffee business.

Earnings Beat Expectations

Adjusted earnings came in at $2.77 per share, ahead of analysts’ estimates of $2.64 per share. Net sales increased 6% year over year to $2.268 billion, slightly above the consensus estimate of $2.260 billion.

Comparable sales also rose 6%, helped by a 10-percentage-point benefit from pricing actions, primarily in coffee and sweet baked goods.

Adjusted gross profit increased 4%, while adjusted operating income climbed 14%. The company said pricing actions and a favorable product mix supported the gains.

Operating cash flow improved to $579.2 million from $393.9 million a year earlier. Free cash flow rose to $483.9 million from $298.9 million in the prior-year quarter.

The company ended the quarter with $58.6 million in cash and cash equivalents.

Coffee Business Leads Growth

U.S. Retail Coffee sales increased 12% to $830.6 million. Higher prices across the portfolio contributed 21 percentage points ...