12 Top Performing Consumer Staples Stocks in February

7. The J.M. Smucker Company (NYSE:SJM)

The J.M. Smucker Company (NYSE:SJM) is one of the best performing stocks on this list.

TheFly reported on February 27 that Deutsche Bank increased its price target for SJM to $117 from $112 while retaining a Hold rating on the stock.

The J.M. Smucker Company (NYSE:SJM) announced its results for the third quarter of fiscal 2026, which concluded on January 31, 2026, on February 26. With all comparisons made against the third quarter of the prior fiscal year, the reported numbers show the impact of past divestitures, such as the sale of some Sweet Baked Snacks value brands on March 3, 2025, and the Voortman business on December 2, 2024.

According to the report, the company’s net sales for the period increased by $153.4 million, or 7%, to $2.3 billion; net sales adjusted for currency effects and divestitures increased by 8%. Noncash impairment charges associated with the Sweet Baked Snacks reporting unit caused the company to record a net loss per diluted share of $6.79, while adjusted earnings per share fell 9% to $2.38. Free cash flow increased to $487.0 million from $151.3 million in the previous quarter, while operating cash flow increased to $558.5 million from $239.4 million.

The company also revised its full-year fiscal 2026 forecast, estimating free cash flow of approximately $975.0 million, adjusted EPS between $8.75 and $9.25, and net sales growth of 3.5% to 4.0% (5.0%–5.5% on a comparable basis), taking into account ongoing divestiture effects, margin assumptions, and projected capital expenditures of $325.0 million.

The J.M. Smucker Company (NYSE:SJM) produces and markets food and beverage products, including coffee, peanut butter, and spreads, serving retail and foodservice customers primarily in North America.