J.M. Smucker Co. reported its fiscal 2026 first-quarter results with adjusted earnings per share (EPS) of $1.90 and revenue of $2.11 billion, driven by strong consumer demand. However, the company posted a net loss of $43.9 million, impacted by higher commodity costs and divestitures. Sales in the coffee segment increased by 15%, while pet food sales declined by 8%. Smucker indicated it will continue raising coffee prices to offset tariff-related costs. The company's stock fell as investors reacted to soft profit guidance amid a dynamic market environment. Meanwhile, Hormel Foods reported its third-quarter 2025 earnings with adjusted EPS of $0.35, missing estimates of $0.40, and net sales of $3.03 billion, slightly above expectations. Despite a 6% rise in organic net sales, Hormel's earnings were pressured by rising commodity costs, including a 30% increase in pork belly prices and a 10% rise in wholesale pork prices year-over-year. The company lowered its full-year adjusted EPS outlook to a range of $1.43 to $1.45 from a prior $1.58 to $1.68 and forecasted full-year EPS between $1.33 and $1.35, down from $1.49 to $1.59. Hormel announced plans to raise prices on food and household goods to mitigate margin pressures. These developments reflect broader inflationary pressures affecting U.S. companies, with tariffs and commodity cost increases prompting price hikes that impact consumers. The rising grocery prices have been highlighted as a key factor influencing inflation trends in the U.S. economy.