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Coffee Price Volatility Undercuts J.M. Smucker Quarterly Profits

  • Aired: 1/5/2014
    • Length:
    • Plays: ???
Synopsis >

A drop in retail coffee prices hurt J.M. Smucker over its year-ending quarter, eating into profits and total revenue. Reporting before the bell Thursday, the food products company recorded unadjusted fourth-quarter profits 9% lower than a year earlier to $1.16 a share.

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