JM Smucker wants to expand its leadership position in the at-home coffee category, where it currently holds 26% of the market share and three of the top eight brands, through potential acquisitions, innovation, broader geographic reach and reinvigorated...
JM Smucker Co. remains bullish on its coffee portfolio, including iconic brands such as Folgers, Café Bustelo and Dunkin, despite volume declines and greater elasticities in the category in the company’s second quarter, which executives attributed primarily...
Despite an ongoing recall of Jif peanut butter, JM Smucker eked out better than expected net sales thanks to the success of its popular coffee brands, including Café Bustelo, Folgers and Dunkin, and its Uncrustables brand – all of which faced their own...
JM Smucker continues to be dogged by inflation, supply chain constraints, labor and transportation challenges, prompting the maker of Jif peanut butter and Café Bustelo coffee to lower its earnings and revenue outlook for the year at the close of its...
The risks JM Smucker took as one of the first CPG companies to announce sweeping price increases in the face of inflation earlier this year are paying off as the company’s sales grew high single digits with “every business outperforming our expectations”...
As cases of COVID-19 resurge nationwide, retailers are bracing for another round of potential stockpiling and increased consumer demand by ordering more product – a trend that could strain production at plants already operating at capacity, suggests JM...
JM Smucker Co. is selling its iconic line of Crisco oils and shortening to B&G Foods for $550m cash in a deal that allows it to dedicate more resources to its “core growth platforms” while simultaneously strengthening B&G’s small but growing baking...
For more than 150 years, Americans have been waking up with Folgers in their cups, and to ensure they continue to do so for generations to come The JM Smucker Co. will launch a new line this summer under the brand that accounts for consumers’ shifting...
Peanut butter and jelly maker JM Smucker Co.’s decision to realign its portfolio to focus on coffee, snacking and pet food is paying off with a “strong first quarter performance,” including increased net sales and profits, according to company executives....
