The J. M. Smucker Company (SJM) Q3 2023 Earnings Call Transcript

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Q3: 2023-02-28 Earnings Summary

EPS of $2.21 beats by $0.08
 | Revenue of $2.22B (7.74% Y/Y) misses by $1.18M

The J. M. Smucker Company (NYSE:SJM) Q3 2023 Earnings Conference Call February 28, 2023 9:00 AM ET

Company Participants

Aaron Broholm - Vice President of Investor Relations
Mark Smucker - Chairman, President and Chief Executive Officer
Tucker Marshall - Chief Financial Officer

Conference Call Participants

Peter Galbo - Bank of America Merrill Lynch
Andrew Lazar - Barclays Bank PLC
Kenneth Goldman - JPMorgan Chase & Co.
Christopher Growe - Stifel, Nicolaus & Company, Inc.
Robert Moskow - Credit Suisse AG
Steve Powers - Deutsche Bank
Pamela Kaufman - Morgan Stanley
Cody Ross - UBS
Robert Dickerson - Jefferies LLC
Alexia Howard - Sanford C. Bernstein & Co.
Max Gumport - BNP Paribas Exane

Operator

Good morning, and welcome to The J. M. Smucker Company's Fiscal 2023 Third Quarter Earnings Question-and-Answer Session. This conference call is being recorded and all participants are in a listen-only mode. Please limit yourself to two questions 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, Aaron.

Aaron Broholm

Good morning, and thank you for joining our fiscal 2023 third quarter earnings question-and-answer session. I hope everyone had a chance to review our results as detailed in this morning's press release and management's prepared remarks, which are available on our corporate website at jmsmucker.com. We will also post an audio replay of this call at the conclusion of this morning's Q&A session.

During today's call, we may make forward-looking statements that reflect our current expectations about future plans and performance. These statements rely on assumptions and estimates, and actual results may differ materially due to risks and uncertainties. Additionally, we use non-GAAP results to evaluate performance internally. I encourage you to read the full disclosure concerning forward-looking statements and details on our non-GAAP measures in this

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