The J.M. Smucker Co. reported first-quarter fiscal 2027 net sales of $2.2 billion, up $106.0 million, or 5%, for the three months ended July 31, 2026. Adjusted earnings per share rose 71% to $3.24, including an $0.84 benefit from tariff refunds received during the quarter, while net income per diluted share was $3.03. Cash provided by operating activities increased to $425.7 million from cash used of $10.6 million a year earlier, and free cash flow improved to $337.3 million from negative $94.9 million. The company raised its fiscal 2027 outlook, forecasting a 1.0% to 2.0% decline in net sales, adjusted earnings per share of $10.50 to $11.00 and free cash flow of approximately $1.1 billion. Quarterly gross profit more than doubled to $979.6 million, including approximately $115.0 million in tariff refunds. U.S. Retail Coffee led segment growth, with sales rising 13% and segment profit increasing 124%.