The J. M. Smucker Company Announces Coffee Price Decreases

The J. M. Smucker Company SJM announced today that it decreased the list price for the majority of its packaged coffee products sold in the United States, primarily consisting of items sold under the Folgers®, Dunkin' Donuts®, Millstone®, and Cafe Bustelo® brand names. Prices decreased an average of six percent on impacted items in response to sustained declines in green coffee costs. The Company is currently in its quarter-end quiet period and, therefore, will answer investor related questions during its June 7, 2012, fiscal fourth quarter earnings conference call. Dunkin' Donuts® brand is licensed to The J. M. Smucker Company for packaged coffee products sold in retail channels such as grocery stores, mass merchandisers, club stores, and drug stores. This press release does not pertain to Dunkin' Donuts® coffee or other products for sale in Dunkin' Donuts® restaurants.