J.M. Smucker Co.’s Sweet Baked Snacks segment, which includes Hostess, reported lower sales in the company’s fiscal 2026 fourth quarter.

Sweet Baked Snacks net sales were $237.2 million for the quarter, down 5% from the prior year, according to financial results released last month. Excluding noncomparable sales tied to divested Sweet Baked Snacks value brands, net sales declined 4%.

Smucker said volume/mix reduced sales by 12 percentage points, driven primarily by decreases for snack cakes and breakfast products, partially offset by an increase for donuts. Higher pricing helped offset the volume decline.

Segment profit increased 45% to $29 million. Smucker said the increase primarily reflected higher net price realization and lower marketing spending, partially offset by unfavorable volume/mix and higher costs.

For the full fiscal year, Smucker reported companywide net sales of $9.1 billion, up 4%. The company said fiscal 2026 results reflected the divestiture of certain Sweet Baked Snacks value brands on March 3, 2025, and the divestiture of the Voortman business on Dec. 2, 2024.

Smucker acquired Hostess Brands in 2023 for about $5.6 billion. At the time, the company said the acquisition would add brands including Hostess, Donettes, Twinkies, CupCakes, Ding Dongs and Zingers and would support its focus on convenient consumer occasions.

For convenience services operators, the latest results show continued pressure in Smucker’s sweet baked snacks portfolio, with snack cakes and breakfast products weighing on volume/mix. Donuts helped offset some of the decline.

See Smucker’s financial report here.