The J.m. Smucker Company · NYSE:SJM
The J.m. Smucker — Investor Day (October 2018)
8 slides from The J.m. Smucker's investor day presentation, Oct 9, 2018
Slide 1: Supporting Materials
Supporting Materials 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements, such as projected net sales, operating results, earnings, and cash flows that are subject to risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by thos
Slide 3: Additional Information
Additional Information The Company is the owner of all trademarks and logos referenced herein, except for the following, which are used under license: Dunkin' Donuts® is a registered trademark of DD IP Holder LLC; Carnation® is a trademark of Societe des Produits Nestle S.A.; and Rachael Ray® is a r
Slide 4: Non-GAAP Financial Measures
Non-GAAP Financial Measures The Company uses non-GAAP financial measures, including: net sales excluding acquisition and foreign currency exchange; adjusted gross profit, operating income, income, and earnings per share; earnings before interest, taxes, depreciation, amortization, and impairment cha
Slide 5: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ in millions) Year Ended April 30, 2018 1998 EBITDA (as adjusted) reconciliation: Net income $ 1,338.6 $ 33.4 Income tax expense (benefit) (477.6) 24.4 Interest expense - net 174.1 0.1 Depreciation 206.3 18.8 Amortization 206.8 3.8 Goodwill impairment charge 145.0 - Other i
Slide 6: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ in millions) Year Ended April 30, 2018 2013 Operating income reconciliation: Operating income $ 1,036.1 $ 910.4 Amortization 206.8 96.8 Goodwill impairment charge 145.0 - Other intangible asset impairment charges 31.9 - Unallocated derivative losses (gains) (37.3) (6.6) Co
Slide 7: Non-GAAP Reconciliation
Non-GAAP Reconciliation ($ and shares in millions, except per share data) Year Ended April 30, 2018 2013 Net income reconciliation: Net income $ 1,338.6 $ 544.2 Income tax expense (benefit) (477.6) 273.1 Amortization 206.8 96.8 Goodwill impairment charge 145.0 - Other intangible asset impairment cha
Slide 8: The J.M. Smucker Company Investor Day
The J.M. Smucker Company 2018 INVESTOR DAY Tuesday, October 9, 2018
The J.M. Smucker Company — Investor Day (October 2018) on 6ix