J.M. Smucker results boosted by pet food, coffee and snacking
date:Aug 23, 2018
quarter. Selling, distribution, and administrative (SDA) expenses increased US$34.5 million, primarily reflecting the addition of Ainsworth. Operating income decreased US$8.3 million, due to the higher SDA expenses and a US$9.0 million increase in amortization expense, which was primarily attributable to Ainsworth. A reduction in other special project costs of US$19.4 million partially offset these factors.

On a non-GAAP basis, adjusted gross profit increased US$50.0 million, or 8 percent, wit
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