J.M. Smucker stock climbs on fresh earnings and lawsuit lift
Published on 08/28/2026 at 22:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
J.M. Smucker (US8326964058) is trading after a 38% rise in 2026, while the most recent first-quarter revenue came in at $2.22 billion and Uncrustables sales grew 12% on the company's August 27, 2026 earnings update.
Earnings still set the tone
The company said first-quarter revenue reached $2.22 billion, ahead of analyst expectations, and full-year revenue is now expected to shrink less than previously forecast. CNBC reported on August 28, 2026 that the shares have also jumped nearly 8% this week, which would make it a seventh straight weekly gain.
That combination matters because the quarter added a clear operating marker: Uncrustables posted 12% net sales growth, helping offset pressure elsewhere in the portfolio. The same report said the stock has surged 38% in 2026, a sharp contrast with the broader consumer staples backdrop.
Court ruling adds support
A separate Reuters legal report on August 28, 2026 said a U.S. judge let J.M. Smucker's lawsuit against Trader Joe's move forward over alleged copycat Uncrustables sandwiches. The case keeps one of the company's highest-profile brands in the legal spotlight while investors are already focused on execution in coffee, spreads and frozen handheld snacks.
For investors, the key comparison is simple: a $2.22 billion quarter and 12% Uncrustables growth sit against a stock that has gained 38% this year and is closing in on its best annual run in years.
Uncrustables stays central
Uncrustables remains the clearest product-level driver in the story, because the brand combines scale, pricing power and repeat demand in a single line. The August 27 update showed that the category can still carry enough momentum to matter for the whole company.
Price level after the run
J.M. Smucker shares last traded at $132.71, with a market cap of $14.177 billion, a 52-week range of $88.25 to $135.89 and volume of 660,869 shares as of August 28, 2026. The stock is trading close to the top of that band after a strong multiweek advance.
Fact box
Company: J.M. Smucker Company
ISIN: US8326964058
Ticker: SJM
Exchange: NYSE
Price (as of August 28, 2026, 12:37 p.m. ET): $132.71 USD
Market cap: $14.177 billion (as of August 28, 2026)
Sector / Industry: Consumer Staples / Packaged Foods
Index membership: S&P 500
