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"Over 70% of peanut butter buyers are not purchasing a chocolate-flavor spread today, and we anticipate this innovation will be highly incremental to the brand," J.M. Smucker CEO Mark Smucker said.
Goober is a combination of peanut butter and jelly in a single jar. It is sold in US, the UK, Canada, Singapore, and other parts of the Commonwealth, and is named after a familiar denomination for peanut in American English, goober pea, from the Gullah name for the peanut, guber. Goober was introduced by The J.M. Smucker Company under the ...
J.M. Smucker CEO Mark Smucker joins Yahoo Finance Live to discuss company earnings, the JIF peanut butter recall, combating inflation, full-year expectations, and the outlook for profitable growth.
In 2009, Snack Alliance, Inc. licensed from The Laura Scudder's Company, LLC the rights to produce and market potato chips under the Laura Scudder's brand. According to The J.M. Smucker Company website, [19] the Laura Scudder's Natural Peanut Butter business was acquired by Smucker's from BAMA Foods Inc. in December 1994. In 2009, Smucker's ...
Headquartered in Orrville, Ohio, [3] the company was founded in 1897 as a maker of apple butter. [4] J.M. Smucker currently has three major business units: consumer foods, pet foods, and coffee. [5] Its flagship brand, Smucker's, produces fruit preserves, peanut butter, syrups, frozen crustless sandwiches, and ice cream toppings. [6]
9. Smuckers Lost Out on a PB&J Patent. J.M. Smuckers, maker of the lunch-box-friendly Uncrustables peanut butter and jelly sandwiches, probably figured it had little to lose by patenting a "sealed ...
The rolling heartland of Orrville, Ohio, is home to a $13 billion international business comprised of spreads, snacks, coffee, and pet food. For 127 years, the J.M. Smucker Company has operated a ...
[12] [13] [14] The J.M. Smucker Company estimated a loss of $125 million as a result of the 2022 recall. [15] On July 19, 2022, a class-action lawsuit was filed against J.M. Smucker Co. over the contaminated peanut butter. [16] As of July 27, 2022, 21 people in 17 states had fallen ill after consuming Jif peanut butter. [17]