The J. M. Smucker Company reported QQ2 2025 revenue of $2,271.2 million, up 17.16% year over year and 6.87% QoQ, signaling solid top-line momentum across its branded food portfolio. The gross margin stood at approximately 39.0% (gross profit of $886.1 million), up vs. prior periods and supported by favorable product mix and price realization, indicating resilient profitability despite ongoing input-cost pressures.
However, operating income declined meaningfully on a year-over-year and sequential basis, down 43.23% YoY and 51.44% QoQ, with total other income/expenses negative at $102.9 million and interest expense contributing roughly $98.7 million. Net income was negative $24.5 million, and EPS came in at -$0.23, highlighting incremental costs or one-time factors weighing on bottom-line profitability in QQ2 2025. On a more constructive note, EBITDA was $293.5 million and free cash flow reached $317.2 million, underpinned by strong operating cash flow of $404.2 million and a disciplined capex program of $87.0 million. The balance sheet remains cash-generative with cash and equivalents of about $49.2 million and total debt of $8.38 billion, yielding a net-debt position of ~$8.33 billion.
Management commentary on the call (where available) focused on portfolio optimization, efficiency initiatives, and deleveraging priorities, but explicit forward guidance for QQ3/Q3 2025 was not disclosed in the provided dataset. Investors should monitor gross-margin trajectory, input-cost dynamics (commodities and freight), currency effects, working capital movement, and ongoing capital allocation—particularly debt reduction and potential share repurchases or dividends—as key drivers of the near-term earnings trajectory.