J.M. Smucker 2nd-quarter profit more than doubles on Folgers acquisition, product popularity
J.M. Smucker 2nd-quarter profit more than doubles J.M. Smucker’s fiscal 1Q profit more than doubles, beats expectations on sales boostCHICAGO — J.M. Smucker Co. said Friday its fiscal first-quarter profit more than doubled and beat expectations, mostly because of increased sales from last year’s acquisition of Folgers coffee. J.M. Smucker 4Q profit more than doubles, beats view as Folgers continues to boost resultsNEW YORK — J.M. Smucker Co. said Thursday its fiscal fourth-quarter profit more than doubled, helped by consumers’ desire to eat at home and the company’s acquisition of the Folgers coffee brand last year. J.M. Smucker 4th-quarter profit more than doubles, Folgers continues to boost resultsORRVILLE, Ohio — J.M. Smucker, maker of jams, jellies and Jif peanut butter, says its fiscal fourth-quarter profit more than doubled, continuing to benefit from last year’s Folgers acquisition. |