Smucker's Quarterly Sales Increase 81% After Folgers Acquisition
Smucker's Quarterly Sales Increase 81% After Folgers Acquisition
SUGAR LAND--June 19, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The J.M. Smucker Company (NYSE:SJM) (Orrville, Ohio) announced earnings for the company's fourth quarter of the 2009 fiscal year, which ended April 30, 2009. Smucker is the manufacturer of such popular brands as Smucker's jams, Jif peanut butter, Crisco shortening and oils, and since November 2008, Folgers coffee. Quarterly net sales for the company increased 81% year over year, moving from $590 million in 2008 to $1.07 billion for 4Q09.
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