J. M. Smucker (SJM) to Increase Coffee Prices Across the Board
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Price: $123.05 +0.17%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.7%
EPS Growth %: +16.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.7%
EPS Growth %: +16.3%
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The J. M. Smucker Company (NYSE: SJM) reports that the majority of its coffee brands will see an 11 percent price hike.
The increase in price is driven by sustained increases in green coffee costs.
Brands affected include: Folgers, Dunkin' Donuts, Millstone, and Folgers Gourmet Selections, and others.
The increase in price is driven by sustained increases in green coffee costs.
Brands affected include: Folgers, Dunkin' Donuts, Millstone, and Folgers Gourmet Selections, and others.
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