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SJM JM Smucker Company

113.11
0.26 (0.23%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
JM Smucker Company NYSE:SJM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.26 0.23% 113.11 113.88 112.31 112.85 1,031,317 01:00:00

The J. M. Smucker Company Announces Coffee Price Decreases

01/07/2015 1:00pm

PR Newswire (US)


JM Smucker (NYSE:SJM)
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ORRVILLE, Ohio, July 1, 2015 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) announced today that it decreased the list price for the majority of its packaged coffee products sold in the United States, primarily consisting of items sold under the Folgers® and Dunkin' Donuts® brand names. The price decline also applies to the new reduced canister size of Folgers® ground coffee. Prices decreased an average of six percent on impacted items in response to sustained declines in the green coffee futures market. The Company's K-Cup® pods were excluded from the price decrease.

Dunkin' Donuts® brand is licensed to The J. M. Smucker Company for packaged coffee products sold in retail channels such as grocery stores, mass merchandisers, club stores, and drug stores. This information does not pertain to Dunkin' Donuts® coffee or other products for sale in Dunkin' Donuts® restaurants.

About The J. M. Smucker Company

For more than 115 years, The J. M. Smucker Company has been committed to offering consumers quality products that bring families together to share memorable meals and moments. Today, Smucker is a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America with projected annual net sales of approximately $8 billion. In consumer foods and beverages, its brands include Smucker's®, Folgers®, Jif®, Dunkin' Donuts®, Crisco®, Pillsbury®, R.W. Knudsen Family®, Hungry Jack®, Cafe Bustelo®, Martha White®, truRoots®, Sahale Snacks®, Robin Hood®, and Bick's®. In pet food and pet snacks, its brands include Meow Mix®, Milk-Bone®, Kibbles 'n Bits®, Natural Balance®, and 9Lives®. The Company remains rooted in the Basic Beliefs of Quality, People, Ethics, Growth, and Independence established by its founder and namesake more than a century ago. For more information about the Company, visit jmsmucker.com.

The J. M. Smucker Company is the owner of all trademarks referenced herein, except for the following, which are used under license: Pillsbury® is a trademark of The Pillsbury Company, LLC and Dunkin' Donuts® is a registered trademark of DD IP Holder LLC. K-Cup® is a trademark of Keurig Green Mountain, Inc., used with permission.

Folgers Canister

 

Dunkin' Donuts

 

The J. M. Smucker Company logo.

Photo - http://photos.prnewswire.com/prnh/20150630/227098  
Photo - http://photos.prnewswire.com/prnh/20150630/227099  
Logo - http://photos.prnewswire.com/prnh/20071219/SMUCKERLOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-j-m-smucker-company-announces-coffee-price-decreases-300107186.html

SOURCE The J. M. Smucker Company

Copyright 2015 PR Newswire

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