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UPDATE 2-J.M. Smucker aims to get coffee business back on track this year

2015-02-13 20:44:35| Food - Topix.net

J.M. Smucker Co said it expected its coffee business to get back on track later this year as bean prices stabilize and the company introduces smaller Folgers cans to win back customers it lost after raising prices. The company expects a modest decrease in net sales in the fourth quarter ending April as demand for its coffee products is likely to stay low due to price increases in the United States.

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