The J. M. Smucker Company Investor Relations Material
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Jams, Coffee, Pet Food, and More
The J.M. Smucker Company is an American company that manufactures and sells a variety of food and beverage products. The company operates under three major divisions: consumer foods, pet foods, and coffee. J.M Smucker has several subsidiaries but is most known for its flagship brand Smuckers, which produces items such as jams, peanut butter, syrups, snacks, and similar products. The company is headquartered in Orrville, Ohio, and its shares are listed on the NYSE.
From Apple Butter to Public Company
Founded in 1897, The J.M. Smucker Company began as a small enterprise in Orrville, Ohio, where Jerome Monroe Smucker sold apple butter from a horse-drawn wagon. The company grew steadily throughout the 1900s and built up a reputation for quality. The J.M. Smucker Company went public in 1959. The company has broadened its portfolio through acquisitions throughout the year, notably integrating Jif and Crisco in 2002, and the significant purchase of Folgers in 2008. These moves diversified Smucker's offerings, extending its reach beyond traditional fruit spreads to include a variety of food products. Today, The J.M. Smucker Company is a large player in the food industry together with names such as Kraft Heinz, General Mills, and Conagra, and still maintains a substantial family involvement in management.
Smuckers
The Smuckers brand is the company’s flagship and offers a variety of food products. Central to its portfolio are its fruit spreads, including jams, jellies, and preserves, which form the cornerstone of its product line. The brand has also expanded to offer peanut butter, ice cream toppings, syrups, and honey. To cater to as wide of a customer base as possible Smucker's provides options such as low-sugar and sugar-free versions of its spreads as well as organic and natural products.
Other Offerings
The J.M. Smucker Company manages an array of brands that span several categories in the food and consumer goods sectors. Among them is Folgers, a major brand in the coffee segment offering various coffee products. Jif, another brand within the company's lineup, specializes in a selection of peanut butter. The company also sells pet food for both dogs and cats through its brands Milk-Bone and Meow Mix. Additionally, J.M. Smucker company also owns the rights to produce and sell coffee under the Dunkin' brand outside of Dunkin’ restaurants and sells Café Bustelo, a brand known for its Cuban-style espresso.