The J.m. Smucker Company · NYSE:SJM

The J.m. Smucker — Investor Day (October 2015)

8 slides from The J.m. Smucker's investor day presentation, Oct 20, 2015

  1. Slide 1: Financial Review

    The J. M. Smucker Company Investor Day 10/20/2015 FINANCIAL REVIEW Mark Belgya Chief Financial Officer 1

  2. Slide 2: Fiscal 2016 Sales Guidance

    The J. M. Smucker Company Investor Day 10/20/2015 Fiscal 2016 Sales Guidance ORIGINAL UPDATED Projected Net Sales $8.0B $7.9B Revised Guidance Represents YOY Growth of Approximately 38% Reflects the Addition of Pet Foods Along with 3% Organic Growth 3 Projected Pet Foods Sales by Quarter First Quart

  3. Slide 3: Fiscal 2016 Earnings Guidance

    The J. M. Smucker Company Investor Day 10/20/2015 Fiscal 2016 Earnings Guidance Non-GAAP Operating Income $1.2 - $1.25B Non-GAAP Earnings Per Share $5.65 - $5.80 Non-GAAP Adjusted Earnings Per Share $6.80 - $6.95 SECOND QUARTER EXPECTATIONS Anticipate Increased Marketing, Accelerated FY16 Synergies

  4. Slide 4: Growth Return to Shareholders

    The J. M. Smucker Company Investor Day 10/20/2015 Fiscal 2016 Free Cash Flow Projection Free Cash Flow $900M Capital Expenditures $220M Increase from Original Guidance Reflects: • Pet R&D Center • Expansion at Uncrustables Facility Despite CapEx Increase, Maintaining Free Cash Flow Target of $900M 7

  5. Slide 5: Cash Returned to Shareholders

    The J. M. Smucker Company Investor Day 10/20/2015 Cash Returned to Shareholders $2.7 BILLION Over the Past 5 Years (in millions) $800 $600 $400 $200 $0 FY11 FY12 FY13 FY14 FY15 Dividends Share Repurchase 9 Current Cash Deployment Strategy Cash from Operations Expected to Average $1.2B Annually Over

  6. Slide 6: Projected Leverage

    The J. M. Smucker Company Investor Day 10/20/2015 Projected Leverage Repayments will average $500 Million annually. As of April 30, 2015 2016 2017 2018 2019 Leverage 4.1x 3.7x 3.1x 2.6x 2.2x Achieving 3x leverage will provide opportunities to consider other strategic uses of cash 11 Other Strategic

  7. Slide 7: Three to Four Year Growth Targets

    The J. M. Smucker Company Investor Day 10/20/2015 Three to Four Year Growth Targets 3% PET FOODS 4-5% COFFEE 2-3% 2-3% NET SALES CONSUMER FOODS INT’L & FOODSERVICE 2-3% 6% OPERATING PROFIT DECREASE IN INTEREST EXPENSE AND SHARE REPURCHASES 8% EARNINGS PER SHARE 13 Fiscal 2016 Non-GAAP EPS Guidance L

  8. Slide 8: Cost of Goods Sold

    The J. M. Smucker Company Investor Day 10/20/2015 Cost of Goods Sold TOP 10 TOTAL COGS RAW MATERIALS Year Ended April 30, 2016 Freight 1. Coffee Labor 2. Grains Overhead 3. Meats 4. Nuts 5. Plastic Packaging 6. Oil Packaging Ingredients 7. Metal Packaging 70% 8. Sweetener 9. Corrugate 10. Fruit OF T

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