Promotions take bite out of Smucker's coffee profit
August 20, 2014 at 12:28 PM EDT
NEW YORK, Aug 20 (Reuters) - U.S. retail coffee profits for J.M. Smucker, the maker of Folgers and the biggest U.S. roaster, fell by 4 percent in its May-July quarter on a combination of pricing and promotions, the company said on Wednesday.
