J. M. Smucker Sees 6 Percent Net Sales Increase In Third Quarter

“Our solid third quarter sales were punctuated by the continued growth of our K-Cups®, momentum in the spreads business, and the initial contributions of our Sara Lee foodservice business acquisition,” added Vince Byrd, President and chief operating officer. “Our long-term business perspective coupled with the ability to quickly adapt to changing market conditions has enabled us to perform well in an unsettled business environment. The consumer response to our tactical adjustments over the last few quarters has been positive and we are well positioned for continued profitable growth.”