The J. M. Smucker's (SJM) CEO Mark Smucker on Q3 2018 Results - Earnings Call Transcript

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Q3: 2018-02-16 Earnings Summary

EPS of $2.50 beats by $0.32 | Revenue of $1.90B (1.30% Y/Y) beats by $13.36M

The J. M. Smucker Co. (NYSE:SJM) Q3 2018 Results Conference Call February 16, 2018 7:30 AM ET

Executives

Aaron Broholm - VP, IR
Mark Smucker - President and CEO
Mark Belgya - Vice Chair and CFO
Steve Oakland - Vice Chair and President, U.S. Food and Beverage
Barry Dunaway - President, Pet Food and Pet Snacks
Dave Lemmon - President, Canada and International and U.S. Away From Home

Analysts

David Driscoll - Citigroup
Chris Growe - Stifel
Kenneth Goldman - JP Morgan
Pablo Zuanic - SIG
Scott Mushkin - Wolfe Research
Jason English - Goldman Sachs
Akshay Jagdale - Jefferies
Robert Moskow - Credit Suisse
Rob Dickerson - Deutsche Bank
Farha Aslam - Stephens
John Baumgartner - Wells Fargo

Operator

Good morning and welcome to The J. M. Smucker Company's Fiscal 2018 Third Quarter Earnings Conference Call. This conference is being recorded and all participants are in a listen-only mode. At the request of the Company, we'll open the conference up for questions after the prepared remarks. Please limit yourself to two questions during the Q&A session and re-queue if you have additional questions.

I will now turn the conference call over to Aaron Broholm, Vice President, Investor Relations. Please go ahead, sir.

Aaron Broholm

Good morning and thank you for joining us on our fiscal 2018 third quarter earnings conference call, particularly given the early time of our call, due to a number of CPG companies releasing earning later this morning. As we will provide an update on our strategic initiatives at CAGNY Conference on Wednesday, our specific comments this morning will be focused on third quarter results and our full year outlook.

Mark Smucker, President and CEO; and Mark Belgya, Vice Chair and CFO will provide our prepared comments. Also participating in the Q&A are Steve Oakland, Vice Chair and President, U.S. Food and Beverage; Barry

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