ORRVILLE, Ohio, U.S. – The J. M. Smucker Company announced today a decrease in the list price for the majority of its packaged coffee products sold in the United States, primarily consisting of items sold under the Folgers and Dunkin’ Donuts brand names.
Prices decreased an average of six percent on impacted items in response to sustained declines in green coffee costs. The Company’s K-Cup pods were excluded from the price decrease.
“For the last several quarters, lower green coffee costs were reflected in promotional pricing for the majority of our packaged coffee products, and we do not anticipate those prices changing significantly,” said Steve Oakland, Vice Chair and President, U.S. Food and Beverage.
“This list price decrease provides an opportunity for consumers to benefit from lower pricing on an everyday basis.”
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 information does not pertain to Dunkin’ Donuts® coffee or other products for sale in Dunkin’ Donuts® restaurants.