The J. M. Smucker Company Announces Coffee Price Decreases

Tuesday May 15th 2012 07:01:04 AM

ORRVILLE, Ohio, May 15, 2012 /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®, Dunkin' Donuts®, Millstone®, and Cafe Bustelo® brand names.  Prices decreased an average of six percent on impacted items in response to sustained declines in green coffee costs.  The Company is currently in its quarter-end quiet period and, therefore, will answer investor related questions during its June 7, 2012, fiscal fourth quarter earnings conference call. Dunkin' Donuts® brand is licensed to The J. M. Smucker Company for ...

The J. M. Smucker Company Announces Webcast of Fourth Quarter and Fiscal 2012 Earnings Conference Call

Wednesday May 2nd 2012 05:07:34 PM

ORRVILLE, Ohio, May 2, 2012 /PRNewswire via COMTEX/ --The J. M. Smucker Company (NYSE: SJM) will conduct its fourth quarter and full-year fiscal 2012 earnings conference call and webcast on Thursday, June 7, 2012, at 8:30 a.m. Eastern Time. Earnings will be released on the morning of the call. What: The J. M. Smucker Company Fourth Quarter and Fiscal 2012 Earnings Conference Call When: Thursday, June 7, 2012, at 8:30 a.m. Eastern Time Where: Live over the Internet: Log onto www.smuckers.com and click on "Investors" The webcast replay will be available at www.smuckers.com following the call. The audio replay will be available until Thursday, June 14, 2012 and can be accessed...

The J. M. Smucker Company Announces New Corporate Officer

Friday April 20th 2012 09:02:44 AM

ORRVILLE, Ohio, April 20, 2012 /PRNewswire via COMTEX/ --The J. M. Smucker Company (NYSE: SJM) today announced the election of David Lemmon to a corporate officer of the Company as Vice President and Managing Director, Canada. Mr. Lemmon has been with the Company for 17 years and his promotion is effective May 1, 2012. Mr. Lemmon's leadership has been instrumental in successfully implementing the Company's growth strategy in Canada and helping the Company achieve a leading market share position in several Canadian food and beverage categories. About The J. M. Smucker Company For more than 110 years, The J. M. Smucker Company has been committed to offering consumers quality products ...

The J. M. Smucker Company Declares Dividend and Announces Annual Meeting Date

Thursday April 19th 2012 05:07:19 PM

ORRVILLE, Ohio, April 19, 2012 /PRNewswire via COMTEX/ --The Board of Directors of The J. M. Smucker Company (NYSE: SJM) declared a $0.48 per share dividend on the common shares of the Company to be paid on Friday, June 1, 2012, to shareholders of record at the close of business on Friday, May 11, 2012. The Company also announced that its annual meeting of shareholders will be held on Wednesday, August 15, 2012. The meeting will be at 11:00 a.m., Eastern Time, at the Fisher Auditorium, Ohio Agricultural Research and Development Center, 1680 Madison Avenue, Wooster, Ohio. Shareholders of record at the close of business on Monday, June 18, 2012, will be entitled to notice of the annual m...

The J. M. Smucker Company Acquires Minority Interest in China-Based Company

Monday March 26th 2012 08:01:00 AM

ORRVILLE, Ohio, March 26, 2012 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) today announced that it has acquired a non-controlling minority interest in Guilin Seamild Biologic Technology Development Co., Ltd. ("Seamild"), a privately owned manufacturer and marketer of oats products headquartered in Guilin in the Guangxi province of China, for approximately $35 million. Seamild's product portfolio, primarily consisting of oatmeal sold under the leading Seamild® brand, is distributed in retail channels throughout China.  Seamild operates two manufacturing facilities, both located in southern China.  A third facility, currently under construction in northern China, is expected to ...

The J. M. Smucker Company Announces Leadership Changes and New Corporate Officer

Thursday March 22nd 2012 05:05:55 PM

ORRVILLE, Ohio, March 22, 2012 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) today announced the promotion of Corporate Officer Chris Resweber, the appointment of Corporate Officer Julia Sabin to a new role, and the election of Tamara Fynan as a Corporate Officer of the Company. Mr. Resweber, currently a Corporate Officer and Vice President, Marketing Communications, was promoted to the newly created position of Senior Vice President, Corporate Communications and Public Affairs, effective May 1, 2012.  Mr. Resweber has been with the Company for 24 years and has held a variety of leadership positions in marketing, advertising and communications.  Ms. Sabin, currently a Corpor...

The J. M. Smucker Company Announces Fiscal 2012 Third Quarter Results

Thursday February 16th 2012 07:01:00 AM

-- Third quarter net sales increased 12 percent -- Sales volume in quarter impacted by weak consumer takeaway -- Foodservice coffee acquisition completed in the quarter -- Company updates full year guidance ORRVILLE, Ohio, Feb. 16, 2012 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) today announced results for the third quarter ended January 31, 2012, of its 2012 fiscal year.  Results for the quarter and nine months ended January 31, 2012, include the operations of Rowland Coffee Roasters, Inc. ("Rowland Coffee") and the North American foodservice coffee and hot beverage business acquired from Sara Lee Corporation ("Sara Lee business") since the completion of each acquis...

The J. M. Smucker Company Announces Third Quarter Earnings Conference Call and Webcast of Presentation at the 2012 Consumer Analyst Group of New York Conference

Friday February 3rd 2012 05:05:00 PM

ORRVILLE, Ohio, Feb. 3, 2012 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) will conduct its third quarter fiscal 2012 earnings conference call and webcast on Thursday, February 16, 2012, at 8:30 a.m. Eastern Time.  Earnings will be released prior to the call.  The live webcast can be accessed from the Company's website at www.smuckers.com.  The webcast replay will be available following the call.  The audio replay can be accessed by dialing 888-203-1112 or 719-457-0820 and entering pass code 3354217.  The audio replay will be available until Thursday, February 23, 2012. The Company also invites interested shareholders, investors, and consumers to listen to its management present...

The J. M. Smucker Company Declares Dividend and Authorizes Repurchase of Additional Shares

Thursday January 26th 2012 05:30:00 PM

ORRVILLE, Ohio, Jan. 26, 2012 /PRNewswire/ -- The Board of Directors of The J. M. Smucker Company (NYSE: SJM) declared a $0.48 per share dividend on the common shares of the Company to be paid on Thursday, March 1, 2012, to shareholders of record at the close of business on Friday, February 10, 2012. In other actions, the Board increased the Company's share repurchase authorization by five million common shares.  Future share repurchases will occur at management's discretion and there is no guarantee as to the exact number of shares that may be repurchased. The Company has approximately two million common shares remaining for repurchase under its January 2011 Board authorization. A...

The J. M. Smucker Company Completes Acquisition of a Majority of Sara Lee Corporation's North American Foodservice Coffee Business

Tuesday January 3rd 2012 05:00:00 PM

ORRVILLE, Ohio, Jan. 3, 2012 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) today announced that it has completed the acquisition of a majority of the North American foodservice coffee and hot beverage business of Sara Lee Corporation ("Sara Lee") in an all cash transaction.  The Company previously announced the agreement with Sara Lee on October 24, 2011. The acquisition includes Sara Lee's market-leading liquid coffee concentrate business sold under the licensed Douwe Egberts® brand, along with a variety of roast and ground coffee, cappuccino, tea, and cocoa products, sold through foodservice channels in North America.  In addition, the companies entered into a long-term innova...