SJM · News · 20260804N

Macroeconomic Consumer Pressure

J M SMUCKER Co · 2026-08-04 · Importance 10 · Surprise 6

Morningstar reported that J.M. Smucker faces ongoing economic headwinds because it has insufficient pricing power and limited retailer relationship advantages. The assessment indicates that consumer and retail conditions could constrain the company’s ability to pass through costs and sustain growth. Smucker’s long-term strategy targets low-to-mid single-digit growth in sales, operating income, and EPS, but Morningstar forecasts only mid-single-digit adjusted EPS growth.

Key facts

• Morningstar forecasts only mid-single-digit adjusted EPS growth for J. M. Smucker and expects the company’s long-term strategy of low-to-mid single-digit growth across sales, operating income, and EPS to fall short. source
• Morningstar states J. M. Smucker is vulnerable to ongoing economic headwinds due to insufficient pricing power and entrenched retailer relationships. source