The J. M. Smucker Company has reported its financial results for the fiscal year ending April 30, 2025. The company's net sales increased by 7 percent, reaching $8.726 billion, up from $8.179 billion in the previous year. This growth includes $669.3 million in incremental net sales from the acquisition of Hostess Brands. However, the net sales were partially offset by $134.0 million of noncomparable sales in the prior year related to divestitures. Net sales excluding acquisitions, divestitures, and foreign currency exchange rose by $22.8 million. Price realizations contributed positively to net sales, particularly through higher pricing for coffee, although there was a decrease in pricing for sweet baked goods, dog snacks, and cat food. Volume and mix effects resulted in a decrease in net sales by 2 percentage points, mainly due to lower contract manufacturing sales. The company's adjusted income increased to $1.079 billion from $1.038 billion, marking a 4 percent rise. Earnings per share, assuming dilution, grew by 2 percent, reaching $10.12, compared to $9.94 in the previous fiscal year. No specific outlook or guidance for future periods was provided in the report.
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