J.M. Smucker says it expects to maintain FY26 outlook with Q3 results next week

Says earnings momentum this year setting company up for an algorithm year, or potentially better in FY27. Says this level of leverage provides financial flexibility for a balanced approach to capital deployment and the opportunity to consider share repurchases. Says while the path to stabilization is “taking longer than expected,” its focus remains on positioning the Hostess brand for eventual growth through disciplined execution. Comments taken from Consumer Analyst Group of New York Conference.