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J.M. Smucker reported Q2 fiscal 2026 sales up 3% to 2 point 33 billion dollars, driven by pricing amid inflation, but volumes fell and gross margins dipped to 37 point 3 percent. Half-year sales rose 1 percent to 4 point 45 billion dollars, with coffee surging 27 percent on prices yet profits down. Divestitures like Voortman streamlined focus on core brands; integration and restructuring costs hit 186 million dollars. Liquidity solid at 336 million dollars operating cash, debt 7 point 79 billion dollars managed via hedges. Risks include commodities, litigation.

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