Fiscal Q3 sales were lifted by SJM's coffee business as price increases remained in place and Cafe Bustelo posted strong gains, supporting the top line. However, higher input costs and softer overall volumes compressed profitability and tested margin durability, creating potential near-term pressure on EPS and investor sentiment.
Fiscal Q3 sales were lifted by SJM's coffee business as price increases remained in place and Cafe Bustelo posted strong gains, supporting the top line. However, higher input costs and softer overall volumes compressed profitability and tested margin durability, creating potential near-term pressure on EPS and investor sentiment.
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