J M SMUCKER Co
For the period ended Aug 12, 2026. Filed Jun 26, 2026.
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Aug 12, 2026 · Filed Jun 26, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
(RULE 14a-101)
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant
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Filed by a Party other than the Registrant
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Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
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| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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| ☑ | Definitive Proxy Statement |
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| ☐ | Definitive Additional Materials |
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| ☐ | Soliciting Material Pursuant to §240.14a-12 |
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THE J. M. SMUCKER COMPANY
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
| ☑ | No fee required. |
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| ☐ | Fee paid previously with preliminary materials. |
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| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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Fiscal Year 2026 PROXY STATEMENT AND NOTICE OF ANNUAL MEETING OF SHAREHOLDERS THE J.M. SMUCKER Co
June 26, 2026
Dear Fellow Shareholders,
As a shareholder in our Company, you are an important partner in our continued success. We are pleased to invite you to attend our Annual Meeting of Shareholders on Wednesday, August 12, 2026. The meeting will be held virtually at 1:00 p.m. Eastern Time.
Our strong fiscal year 2026 performance reflects continued progress on our strategy and our ability to adapt to deliver the business. As consumer behaviors have evolved, we have strategically transformed our portfolio to meet their needs. We have benefited from this transformation as we have grown into an industry leader — with a portfolio of leading and iconic brands and higher-growth brands across the attractive categories of coffee, snacking, and pet — and are well positioned to achieve continued success.
Fiscal Year 2026 Performance Summary
Total net sales of $9.1 billion, an increase of 4 percent versus the prior year;
Adjusted earnings per share was $9.15*, a decrease of 10 percent versus the prior year;
Free cash flow was $1.2 billion*, an increase of $339.6 million versus the prior year; and
Return of cash to shareholders through dividends was $464.7 million.
As we enter fiscal year 2027, we are uniquely positioned in attractive categories with a portfolio that spans leading, iconic brands as well as high growth brands. We are focused on maintaining the momentum of our portfolio while driving profitability and earnings growth across the Company. With brands consumers love, world-class capabilities, strong leadership, and a talented and passionate workforce, I am confident in our ability to deliver on these goals.
Delivering on Our Purpose
In addition to reflecting on our financial performance, the end of the fiscal year encourages us to consider how we have delivered on our Purpose — Feeding Connections That Help Us Thrive, Life Tastes Better Together.
We remain unwavering in our commitment to supporting all those who count on our business and have made meaningful progress on these efforts in the past year. In fiscal year 2026, we donated more than $9 million in financial, product and asset donations to key partners, including Feeding America®, Greater Good Charities, United Way®, and American Red Cross®, to aid the communities where we live and work. We also collaborated with strategic partners across our businesses to maintain our commitment to ethical and responsible sourcing. And we introduced our evolved environmental impact objectives, centered on our commitment to responsible packaging, efficient operations, and a sustainable supply chain, reflecting our continued dedication to supporting a thriving planet.
Recent Board Activity
During fiscal year 2026, we announced the election of Woo-Sung (Bruce) Chung, Executive Vice President and Chief Financial Officer of NRG Energy, Inc., and David Singer, retired Chief Executive Officer of Snyder’s-Lance, Inc., to our Board of Directors. We are fortunate to have tremendous talent and expertise across our Board to support the Company’s continued progress in executing our strategy. Bruce and David have been tremendous additions to our already strong Board, and I am excited to continue to work with all our directors to advance our organization in fiscal year 2027.
Fiscal Year 2027
In fiscal year 2027, we will build on our strong foundation and focus on realizing the full potential of our business, guided by three clear priorities: drive organic growth, improve margin and profitability, and harness a bold enterprise mindset.
As we look ahead to fiscal year 2027, we do so with enthusiasm and focus. We are well positioned to achieve our goals of maintaining the momentum of our portfolio, improving profitability, and delivering earnings growth. Achieving these objectives will support our commitment to long-term growth and shareholder value.
Thank you for your continued support of our Company.
Sincerely,
Mark T. Smucker | Chief Executive Officer, President and Chair of the Board
| * | See Appendix A for a reconciliation of financial measures presented under generally accepted accounting principles in the United States (“GAAP”) to non-GAAP financial measures. |
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IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON AUGUST 12, 2026 This Proxy Statement and the 2026 Annual Report are available at www.proxyvote.com
NOTICE OF
2026 ANNUAL MEETING OF SHAREHOLDERS
After careful consideration, the Board of Directors (the “Board”) of The J. M. Smucker Company (the “Company,” “we,” “us,” or “our”) has decided to hold the 2026 Annual Meeting of Shareholders (the “Annual Meeting of Shareholders” or the “Annual Meeting”) exclusively online, via a live audio-only webcast, in order to continue to provide expanded access, improved communication, and cost savings for shareholders.
DATE AND TIME
Wednesday, August 12, 2026 | 1:00 p.m. Eastern Time
LIVE WEBCAST
www.virtualshareholdermeeting.com/SJM2026
The Annual Meeting of Shareholders of the Company will be held for the following purposes:
| 1 | To elect as directors the eleven nominees named in the Proxy Statement and recommended by the Board whose term of office will expire in 2027; |
| 2 | To ratify the appointment of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm (the “Independent Auditors”) for the 2027 fiscal year; |
| 3 | To approve, on a non-binding, advisory basis, the Company’s executive compensation as disclosed in these proxy materials; and |
| 4 | To consider and act upon any other matter that may properly come before the Annual Meeting. |
Shareholders of record at the close of business on June 15, 2026, are entitled to vote at the Annual Meeting. All shareholders are invited to attend the virtual Annual Meeting.
Jeannette Knudsen |Chief Legal Officer and Secretary
Voting Methods:
| VIA THE INTERNET | BY MAIL | ||
|---|---|---|---|
| Visit www.proxyvote.com | Complete, sign, date, and return | ||
| and follow instructions | the enclosed proxy card | ||
| BY TELEPHONE | LIVE | ||
| Call toll-free (U.S. or Canada) | By attending the virtual Annual Meeting | ||
| 1-800-690-6903 | and voting | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.