J.M. Smucker announces coffee price decreases J. M. Smucker announced 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. Prices decreased an average of 6% on impacted items in response to sustained declines in green coffee costs.
News For SJM From The Last 14 Days
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J.M. Smucker FY15 EPS to beat consensus by wide margin, says Bernstein Bernstein reports that it has seen more concrete signals about the timing and magnitude of a rebound in J.M. Smucker's peanut butter profits next quarter, and the firm expects the company's FY15 EPS to beat the consensus outlook by 54c. The firm says the recent pullback in the stock "looks interesting," and it keeps an Outperform rating on the shares.