J.M. Smucker Passes Coffee Savings to Consumers to Defend Market Position

Dow Jones08-26

J.M. Smucker is passing lower green coffee costs back to consumers through increased trade investments, the company said. U.S. Retail Coffee net sales rose 13% in the fiscal first quarter, driven by higher net pricing and volume/mix growth. The company began passing green coffee deflation through to consumers during the quarter, and said it would continue adjusting pricing as its cost structure evolves. In a sustained deflationary environment, the company would consider additional pricing actions, executives said. Excluding tariff refunds, the company expects segment profit margin in the high 20s for fiscal year 2027

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