The J. M. Smucker Company reported a challenging QQ3 2025, with revenue of $2.186 billion representing a YoY decline of 1.94% and a QoQ decline of 3.75%. The quarter was characterized by a pronounced margin collapse: gross profit of $878.1 million yielded a gross margin of 40.17%, yet operating income turned negative at $(594.0) million and EBITDA was $(445.0) million, driving an EBITDAR of negative 20.36%. Net income posted a substantial loss of $(662.3) million and EPS of $(6.22), reflecting a heavy burden from non-operating charges and impairment-like items totaling roughly $1.1045 billion in other expenses. Notwithstanding the bottom-line weakness, the company generated solid operating cash flow of $239.4 million and free cash flow of $151.3 million, underscoring the distinction between accounting profitability and cash generation amid working-capital movements and non-cash charges.