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.
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Photo - http://photos.prnewswire.com/prnh/20150630/227099
Logo - http://photos.prnewswire.com/prnh/20071219/SMUCKERLOGO
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SOURCE The J. M. Smucker Company