Key Takeaways SJM's Pet Foods sales fell 8% to $368 million in Q1, with profit down 12% to $101.3 million.Dog snacks' softness and a lost contract manufacturing deal drove the sales and margin declines.Strength in Away From Home and coffee helped balance Pet Foods' weakness.The J. M. Smucker Company (SJM) started fiscal 2026 with uneven results across its portfolio, with the Pet Foods business standing out as a drag on performance. Once a strong contributor, the segment is battling both category-level chall ...