Higher Coffee Prices Brew Big Win For JM Smucker

J.M. Smucker stock surged 12.69% after reporting fiscal Q4 2026 earnings that beat expectations, driven by strong pricing actions and coffee business growth. The company posted adjusted EPS of $2.77 vs. $2.64 estimate and 6% net sales growth. However, fiscal 2027 guidance fell short of consensus, with expected sales decline of 3-4% due to lower pricing benefits and weaker volume trends.