Sales in the US Retail Coffee division of J.M. Smucker Co. saw a 7% rise, reaching $693 million in the fourth quarter, which concluded on April 30, with significant contributions from three leading brands.
During an earnings call on June 6, Mark T. Smucker, the President and CEO of J.M. Smucker Co., stated that Café Bustelo had experienced growth in net sales by double digits for the eighth quarter in a row.
He also mentioned that Folgers’ net sales saw a boost of 9%, and the Dunkin’ brand had made a comeback in terms of volume share growth.
“Folgers continues its strong growth trajectory from a net sales perspective, and then Bustelo is the fastest-growing brand in the category.” – Mark T. Smucker