View Annual Report

Total Page:16

File Type:pdf, Size:1020Kb

View Annual Report ANNUAL REPORT OUR PORTFOLIO OF LEADING AND WHY WE ARE EMERGING BRANDS WHO WE ARE A culture of doing the right things and doing things right… Of dotting the i’s and crossing the t’s… A culture of growth—individual and as a company. A result of living our Basic Beliefs… Our Commitment to Each Other, to our consumers, and to our customers. As we look to the future of unlimited possibilities, we recognize the principles that are instrumental to our success: A culture deeply rooted in our Basic Beliefs, guideposts for decisions at every level; A culture that encourages commitment to each other, clear communication and collaboration; A culture of appreciation; A family-sense of sharing in a job well done; Where every person makes a difference. #1 #1 #1 #1 FOLGERS JIF Market Share SMUCKER'S MILK-BONE Market Share At-Home Market Share Market Share Peanut Butter Coffee Brand Fruit Spreads Dog Snacks OUR VISION Engage, delight, and inspire consumers through trusted food and beverage brands that bring joy throughout their lives. A portfolio that combines #1 and leading brands with emerging, on-trend brands to drive balanced growth. OUR PURPOSE Helping to bring families together to share memorable meals and moments. We have always defined success by more than financial performance. We believe how we do things is as important as what we do. Our Purpose aims to articulate why we are in business and the impact we aspire to have on society. Being together with the ones we love isn’t just a pleasant way to spend time—it’s vital to a healthy, happy, fulfilling life. In fact, the more family and friends spend time with each other, the richer their lives become. ® We believe we can help strengthen families through the memorable meals and moments they share, and we can help make every day a little more special by nurturing the bonds that bring people together, as well as people and their pets closer together. ™ And the stronger families are today, the stronger our society will be tomorrow. Quite simply, life tastes better together. #1 #2 12% 17% At least one of DUNKIN' CAFÉ SMUCKER’S our products can ROBIN HOOD DONUTS Market Share Market Share BUSTELO UNCRUSTABLES 5-Year Compound 15-Year Compound Flour in Canada Premium Bagged be found in 93% Annual Growth Rate Annual Growth Rate Coffee of all U.S. households. 2017 ANNUAL REPORT 1 DEAR SHAREHOLDERS AND FRIENDS, For the past 120 years, The J.M. Smucker Company satisfy cravings, promote health, and convey personal • In U.S. Retail Consumer Foods, we are leveraging our our $100 million goal. This brings cumulative synergies has grown and flourished thanks to an unwavering values. Brands once seen as status symbols now represent Jif® peanut butter brand to build a snacking platform achieved to date to approximately $160 million out of the commitment to making quality products that meet one’s values. that caters to consumers’ desire for on-the-go options total $200 million we expect to achieve by fiscal 2018. We and protein-packed foods. have targeted another $250 million in cost reductions by fiscal the evolving needs of our consumers. We recognize Against this backdrop, we see consumers in the future making • In U.S. Retail Pet Foods, consumers’ preferences for simple 2020 from our companywide cost management program. consumers’ eating habits have fundamentally changed choices that fit their nontraditional, fast-paced schedules; ingredients extend to the foods they buy for their pets. This will result in $450 million in total annual synergy and since our founding—and even over the past few years. meet highly specific wellness and functional needs; deliver New Milk-Bone® Farmer’s Medley™ treats are made with cost reductions by that year. We are developing an increasingly sophisticated convenience and quality in equal measure; and center on USA-sourced meat and contain no fillers, corn, or artificial view of the link between food and our consumers’ authentic brands with recognizable ingredients. These food flavors or preservatives. Savings under this $250 million cost management program trends diverge sharply from the past, which is why we have are expected to come from previously announced plant sense of purpose in their lives. These insights are developed a three-year strategic roadmap to capitalize on consolidations, accelerated operational efficiencies across A ROADMAP FOR FUTURE GROWTH helping us develop brands and products that align new marketplace opportunities and generate sustainable, the entire manufacturing network, organization optimization, At the highest level, our three-year plan is about balancing with the values of today’s consumers, giving us a profitable growth. revenue growth management, SKU rationalization, and a zero- a focus on top-line growth with a diligent approach to cost based budgeting program. We believe that this strategy will clear roadmap for the future. savings, allowing us to deliver our growth objectives regarding In fiscal 2017, we made great strides in bolstering a new capture the growth opportunities at hand and continue our earnings per share. It includes disproportionate investment product pipeline that reflects shifts in consumer preferences historical track record of strong value creation, which has enabled As consumer preferences are more influential than ever, in key growth segments across our portfolio, including our toward convenience, simple ingredients, and snacking. While us to return more than $3.1 billion to shareholders over the fiscal 2017 was a pivotal year of gearing up for future growth Jif, Smucker’s Uncrustables, Sahale Snacks®, and Milk-Bone more meaningful contributions are expected in the years past five fiscal years through dividends and share repurchases. as we continued to transform our business to reflect this brands, and all of our coffee brands. changing landscape while remaining true to our heritage ahead, the effectiveness of these initiatives already can be seen in the near term. A LONG-TERM VIEW and Our Purpose of helping to bring families together to share In e-commerce, we are redefining every aspect of our approach, As important as our new roadmap is for charting our course memorable meals and moments. We’re investing significantly • In U.S. Retail Coffee, Folgers® coffee responded to including organization, capabilities, and investment. With pet for the next three years, we will continue to pay attention to in product innovation and strengthening capabilities in areas consumers’ fondness for simple ingredients with food and pet snacks and coffee leading the way, our target the factors that have guided us for the past century: a focus such as data analytics, e-commerce, and digital marketing to Folgers Simply Gourmet™, a premium line of coffees is to generate 5 percent of net sales in fiscal 2020 through on the consumer, strong relationships with all our constituents, drive top-line growth while managing costs to fuel that growth. made with all-natural flavors. Meanwhile, Dunkin’ e-commerce. Already, subscription order models are proving and adherence to our culture and long-standing Basic Beliefs While top-line softness persisted throughout the fiscal year, Donuts® K-Cup® pods are satisfying demand for highly successful in this distribution channel; online sales of as we “Execute for Today, Build for Tomorrow.” This message both for our industry and for our business, we achieved convenient one-cup servings. Natural Balance® premium pet food grew roughly 60 percent encapsulates our plans for the near future as we expect to adjusted earnings per share in line with our projections for in fiscal 2017. the year by accelerating realized synergies related to the Big deliver on three key financial objectives: Heart Pet Brands acquisition and managing budgets and costs Other facets of the strategic plan include increasing capital • Achieve earnings per share growth in line with our efficiently. Specific highlights for fiscal 2017 include: FINANCIAL HIGHLIGHTS expenditures to add new manufacturing capacity, improving stated long-term objective; The J. M. Smucker Company • Achieved a 7 percent increase in adjusted earnings per flexibility and productivity at several existing manufacturing • Grow the top line, both organically and through share, excluding a prior year gain and noncash tax benefit; YEAR ENDED APRIL 30, facilities, and enhancing our information technology. Recently, acquisitions; and we broke ground on a new Smucker’s Uncrustables sandwiches • Grew key on-trend brands such as Smucker’s® (DOLLARS AND SHARES IN MILLIONS, • Achieve significant cost savings that will provide fuel for 2017 2016 manufacturing facility in Longmont, Colorado. When complete Uncrustables® sandwiches and Café Bustelo® coffee with EXCEPT PER SHARE DATA) investments in growth and support the bottom line. in 2020, this plant will provide the capacity to double sales both brands experiencing double-digit sales growth; Net sales $7,392.3 $7,811.2 of what is today a $220 million business. We also plan key Although our industry looks very different than it did a • Returned more than $775 million to our shareholders NET INCOME AND NET INCOME capital improvements at our coffee facilities in New Orleans, PER COMMON SHARE generation ago, we believe companies that embrace and in the form of dividends and share repurchases; and Louisiana, and peanut butter plant in Lexington, Kentucky, address today’s accelerating pace of change can and will • Attained $122 million in incremental synergies for the Net income $ 592.3 $ 688.7 that will improve efficiencies, lower costs, and enhance quality. thrive. In this environment, our strong portfolio of leading year, exceeding our original target, and embarked on Net income per common share – $ 5.10 $ 5.76 and emerging brands continues to serve us well, providing the next phase of our cost-reduction initiatives. assuming dilution Finally, we expect acquisitions to play an ongoing role in our the flexibility required to continuously adapt to changes in ADJUSTED INCOME AND future growth.
Recommended publications
  • Management's Discussion and Analysis
    Management’s Discussion and Analysis The J. M. Smucker Company EXECUtiVE SUMMARY In each of the U.S. retail market segments, the Company’s products For more than 110 years, The J. M. Smucker Company (“Company”), are sold primarily to food retailers, food wholesalers, drug stores, club headquartered in Orrville, Ohio, has been committed to offering stores, mass merchandisers, discount and dollar stores, and military consumers trusted, quality products that bring families together to commissaries. In the Special Markets segment, the Company’s prod- share memorable meals and moments. Today, the Company is a ucts are distributed domestically and in foreign countries through retail leading marketer and manufacturer of fruit spreads, retail packaged channels, foodservice distributors and operators (e.g., restaurants, coffee, peanut butter, shortening and oils, ice cream toppings, schools and universities, health care operators), and health and natural sweetened condensed milk, and health and natural foods beverages foods stores and distributors. in North America. STRATEgiC ELEMENTS Its family of brands includes Smucker’s, Folgers, Dunkin’ Donuts, Jif, The Company remains rooted in its Basic Beliefs of Quality, People, Crisco, Pillsbury, Eagle Brand, R.W. Knudsen Family, Hungry Jack, Ethics, Growth, and Independence, established by its founder and Café Bustelo, Café Pilon, White Lily, and Martha White in the United namesake, Jerome Smucker, more than a century ago. Today, these States, along with Robin Hood, Five Roses, Carnation, Europe’s Best, basic beliefs are the core of the Company’s unique culture and serve and Bick’s in Canada. In addition to these brands, the Company as a foundation for decision making and actions.
    [Show full text]
  • Feed Analyses by Manufacturer and Sample
    Feed Analyses by Manufacturer and Sample 21ST CENTURY PET NUTRITION TEMPE, AZ 20133614 ESSENTIAL PET ALL CATS HAIRBALL CHEWS CHICKEN & CHEESE FLAVOR CRUDE PROTEIN 16.6 % 19.398 % LABEL REVIEW Performed A & J FARM SUPPLY INC RUSSIAVILLE, IN 20131101 12% HORSE FEED CRUDE PROTEIN 12 % 11.55 % * COPPER 50 PPM 71.52 PPM ZINC 175 PPM 260.5 PPM 20131189 A&J SHOW PIG CRUDE PROTEIN 18 % 18.34 % ZINC 200 PPM 221.96 PPM TYLOSIN 100 G/T 78.36 G/T 20131190 A&J SHOW PIG 20% CRUDE PROTEIN 20 % 20.66 % ZINC 200 PPM 294.83 PPM TYLOSIN 100 G/T 98.05 G/T 20131191 12% HORSE FEED CRUDE PROTEIN 12 % 13.69 % COPPER 50 PPM 73.88 PPM ZINC 175 PPM 301.81 PPM ABENGOA BIOENERGY OF INDIANA MT VERNON, IN 20131349 CORN DISTILLERS DRIED GRAINS W/SOLUBLES CRUDE PROTEIN 25 % 28.49 % CRUDE FAT - ETHER EXTRACT 9 % 10.58 % AFLATOXIN Satisfactory FUMONISIN 5.68 PPM 20131363 CORN DDG W/SOLUBLES CRUDE PROTEIN 25 % 27.86 % CRUDE FAT - ETHER EXTRACT 9.4 % 11.069 % AFLATOXIN Satisfactory FUMONISIN 5.14 PPM VOMITOXIN 0 PPM 20132841 CORN DDG W/SOLUBLES CRUDE PROTEIN 25 % 26.57 % CRUDE FAT - ETHER EXTRACT 9 % 10.51 % AFLATOXIN Satisfactory 20132842 CORN DDG W/SOLUBLES CRUDE PROTEIN 25 % 26.59 % CRUDE FAT - ETHER EXTRACT 9 % 10.8 % AFLATOXIN Satisfactory ABSORPTION CORP FERNDALE, WA 20131094 CAREFRESH COMPLETE MENU SMALL ANIMAL FOOD - SPECIALLY FORMULATED DI CRUDE PROTEIN 14 % 13.33 % * CRUDE FIBER 15 % 19.97 % MAX - 20 % ACCO FEEDS MINNEAPOLIS, MN 20130933 SHOWMASTER LAMB & GOAT CRUDE PROTEIN 18 % 20.13 % COPPER 16.64 PPM DECOQUINATE 56.75 G/T 58.17 G/T 20132012 PIG BASE MIX CRUDE
    [Show full text]
  • Company Contact Information
    Moola SavingMom.com Company Contact List Company Manufacturer Phone Website Contact Us Email Form Actual Email Address Address 1 Address 2 City/State/Zip 3 Musketeers Dr.Mars, Pepper Inc. Snapple http://www.3musketeers.com/ https://www.3musketeers.com/Contact 7-Up Group 1-800-696-5891 http://www.7up.com/ http://www.econsumeraffairs.com/am_bev/contactus.htm?F1=7up&F2=7up Attn: Consumer Relations P.O. Box 86077 Plano, TX 75086-9077 9Lives Cat Food Big Heart Pet Brands 1-800-252-7022 http://9lives.com/ http://www.bigheartpet.com/Contact/ContactUs.aspx A.1. Sauce Dr.Kraft Pepper Foods Snapple 1-877-535-5666 http://www.kraftrecipes.com/products/a1.aspx http://kraftfoods.custhelp.com/app/contact/sa/1/ Consumer Relations Three Lakes Drive Northfield, IL 60093 A&W Rootbeer Group http://www.rootbeer.com/ http://www.econsumeraffairs.com/am_bev/contactus.htm?F1=rootbeer&F2=A_W Abbott Nutrition (800) 227-5767 http://abbottnutrition.com/ https://abbottnutrition.com/contact-us ACH Food Companies, Inc. 800-247-5251 http://www.achfood.com/ http://www.achfood.com/contact-us.cfm [email protected] 2301 SE Tone’s Drive Ankeny, IA 50021-8888 ACT Chattem, Inc. http://www.actoralcare.com/ http://www.actoralcare.com/contact-us/ Chattem, Inc. P.O. Box 2219 Chattanooga, TN 37409-0219 Advil Colgate-PalmolivePfizer Inc 1-800-882-3845 http://www.advil.com/ http://www.advil.com/faqs PCH Product Information PO Box 1043 Kings Mountain, NC 28086 Ajax Company 1-800-468-6502 http://www.colgate.com/app/PDP/Ajax/US/EN/home.cwsp http://www.colgate.com/app/Colgate/US/Corp/ContactUs.cvsp Aleve Bayer Healthcare LLC 1-800-395-0689 http://www.aleve.com/ http://www.aleve.com/contact/email-us/ Attn: Consumer Relations 100 Bayer Boulevard Whippany, NJ 07981-0915 Alka-Sletzer Bayer Healthcare, LLC 1-800-986-0369 http://www.alkaseltzer.com/as/ http://www.alkaseltzer.com/as/contact.html http://www.alkaseltzer.com/as/emailus.html Attn: Consumer Relations 100 Bayer Boulevard Whippany, NJ 07981-0915 Allegra Chattem, Inc.
    [Show full text]
  • 349 $199 $599 $599 $299
    PLU #1007 GET 30 Fl Oz Jar Cains Mayonnaise 300 Gas Points $ 99 Price visit our website to learn Without Coupon more and to view a digital 1 $ 99 version of our weekly savings at Fresh LIMIT 1 3 www.ledyardvillagemarket.com. With this coupon and an additional $25 purchase. Coupon item Broccoli not included in minimum purchase. Excludes items controlled Crowns by law & gift cards. Coupon valid Friday, August 4 through ¢ Thursday, August 10, 2017 at Ledyard-Village Market. 99 Lb. Fresh • grade A Chicken Thighs ¢ 1 Dry Pint Or Drumsticks Lb. Fresh 99 Blueberries 26 To 30 Ct 16 Oz Bag Fresh 2/$ Best yet Pork 4 Raw Shrimp Tenderloin $ 99 $ 99 5 Ea. 2 Lb. Sliced In Our Deli Sliced In Our Deli Wunderbar Stella Bologna Provolone Sweet & Juicy Peaches $ 49 $ 99 $ 49 Lb. Lb. 3 5 1 Lb. 4 To 5.3 Oz Cntr 8 Pack Hamburger Dannon Or Hot Dog Buns greek yogurt $ 99 ¢ Ea. 1 88 Cool & Refreshing Whole Seedless Watermelon 12 To 16 Oz Box 8 Oz Cntr Excludes Baking Pasta Cedar’s Mediterranean Prince Hommus Pasta $ 99 2/$ ¢ 3 Ea. 4 88 PLU #1002 32 Fl Oz Btl 9.5 To 10 Oz Bag Powerade Lay’s Family Size! 15.5 To 16 Oz Jar Sports Drink Potato Chips Jif Peanut Butter BUy ONE 4/$ ¢ Price gET Without Coupon 3 ONE FREE 99 $ 29 LIMIT 1 2 1382 Sq Ft Pkg With this coupon and an additional $25 purchase. Coupon item 327 Sq Ft Pkg not included in minimum purchase. Excludes items controlled Limit 2 Scott by law & gift cards.
    [Show full text]
  • Big Heart Pet Brands Scales with Kenandy
    CASE STUDY Big Heart Pet Brands Scales with Kenandy Most of us aren’t ashamed to admit it: our pets rule our roosts. The right ERP platform = simplifying While final numbers aren’t yet in, it’s estimated (by the complexity, enabling growth American Pet Products Association) that Americans spent “One of the main reasons we selected Kenandy was that more than $58 billion on their pets in 2014. And a great many we wanted a flexible system that easily adapts to business of those cats and dogs were scarfing down food and treats changes, such as new acquisitions, while also ofering from Big Heart Pet Brands (formerly Del Monte Corporation enterprise-class capabilities,” explains Dave McLain, and now part of the J.M. Smucker Company). Senior Vice President, Chief Information Ofcer, and Chief Big Heart Pet Brands is the largest standalone producer, Procurement Ofcer at Big Heart Pet Brands. distributor, and marketer of premium-quality, branded pet Big Heart consolidated some 90 legacy applications onto the food and snacks in the United States, with annual sales of $2.3 Kenandy ERP cloud and the Salesforce1 Platform. They are billion. Their industry-leading products include such perennial now running their entire operations on the new cloud system, pet favorites as Milk-Bone®, 9Lives®, Gravy Train®, Kibbles ‘n including their corporate financials, five manufacturing Bits®, Meow Mix®, and Natural Balance®. facilities, and 11 warehouse operations, as well as connecting Ofering a variety of products and lines of business is great directly to more than 20 co-packer facilities and Big Heart for pleasing picky (and pampered) pets, but Big Heart customers across the country.
    [Show full text]
  • 2018 Annual Report Annual 2018
    One Strawberry Lane Orrville, Ohio 44667 330-682-3000 jmsmucker.com 2018 ANNUAL REPORT 2018 ANNUAL REPORT #1 MARKET SHARE 33% DOG SNACKS YEAR-OVER-YEAR NET SALES GROWTH 11% YEAR-OVER-YEAR NET SALES GROWTH 11% WHY WE YEAR-OVER-YEAR NET SALES GROWTH ARE WHO WE ARE #1 MARKET SHARE PEANUT A culture of doing the right things and BUTTER doing things right … Of dotting the i’s and crossing the t’s … A culture of growth — individual and as a company. #1 A result of living our Basic Beliefs … MARKET SHARE Our Commitment to Each Other, to our consumers, AT-HOME COFFEE and to our customers. Strong As we look to the future of unlimited possibilities, we recognize the principles that are instrumental Portfolio to our success: A culture deeply rooted in our Basic Beliefs, #1 of Brands MARKET SHARE guideposts for decisions at every level; FRUIT SPREADS A culture that encourages commitment to each other, Our portfolio is well-positioned clear communication and collaboration; in great categories and is balanced A culture of appreciation; with iconic, market-leading brands A family-sense of sharing in a job well done; and emerging, on-trend brands to Where every person makes a difference. meet shifting consumer needs in an increasingly dynamic retail 15% YEAR-OVER-YEAR marketplace. NET SALES GROWTH 2018 ANNUAL REPORT 1 A Commitment to Growth in the Pet Category As the largest center-of-store grocery category, pet food and snacks is a $32 billion industry in the U.S. and growing. With our recent acquisition of Ainsworth Pet Nutrition LLC, we are increasing our presence in the premium segment and bolstering our total pet portfolio.
    [Show full text]
  • 2018 Corporate Responsibility Report
    2018 CORPORATE RESPONSIBILITY REPORT About 4 Smucker Workplace Culture 8 22 Marketplace Responsible Sourcing 32 Environmental 46 Impact Community 56 Helping to bring families together to share memorable meals and moments. OUR We have always defined success by more than financial performance. We believe how we do things is as important PURPOSE as what we do. Our Purpose aims to articulate why we are in business and the impact we aspire to have on society. Being together with the ones we love isn’t just a pleasant way to spend time — it’s vital to a healthy, happy, fulfilling life. In fact, the more family and friends spend time with each other, the richer their lives become. We believe we can help strengthen families through the memorable meals and moments they share, and we can help make every day a little more special by nurturing the bonds that bring people together, as well as people and their pets closer together. And the stronger families are today, the stronger our society will be tomorrow. Quite simply, life tastes better together. 2018 CORPORATE RESPONSIBILITY REPORT 1 Our Message Dear Friends We are pleased to share The J. M. Smucker Company’s 2018 Corporate Responsibility Report. This report allows us to share our most significant accomplishments as we follow our Sustainability Strategy to create a better tomorrow. Our Strategy focuses on: • Preserving our culture; • Ensuring our long-term Economic viability; • Driving positive Environmental impact; and • Being Socially responsible. While our sustainability goals are forward-thinking, their inspiration is rooted in our history. For more than and beverage market, and with the recent acquisition 120 years, The J.
    [Show full text]
  • Grocery Goliaths
    HOW FOOD MONOPOLIES IMPACT CONSUMERS About Food & Water Watch Food & Water Watch works to ensure the food, water and fish we consume is safe, accessible and sustainable. So we can all enjoy and trust in what we eat and drink, we help people take charge of where their food comes from, keep clean, affordable, public tap water flowing freely to our homes, protect the environmental quality of oceans, force government to do its job protecting citizens, and educate about the importance of keeping shared resources under public control. Food & Water Watch California Office 1616 P St. NW, Ste. 300 1814 Franklin St., Ste. 1100 Washington, DC 20036 Oakland, CA 94612 tel: (202) 683-2500 tel: (510) 922-0720 fax: (202) 683-2501 fax: (510) 922-0723 [email protected] [email protected] foodandwaterwatch.org Copyright © December 2013 by Food & Water Watch. All rights reserved. This report can be viewed or downloaded at foodandwaterwatch.org. HOW FOOD MONOPOLIES IMPACT CONSUMERS Executive Summary . 2 Introduction . 3 Supersizing the Supermarket . 3 The Rise of Monolithic Food Manufacturers. 4 Intense consolidation throughout the supermarket . 7 Consumer choice limited. 7 Storewide domination by a few firms . 8 Supermarket Strategies to Manipulate Shoppers . 9 Sensory manipulation . .10 Product placement . .10 Slotting fees and category captains . .11 Advertising and promotions . .11 Conclusion and Recommendations. .12 Appendix A: Market Share of 100 Grocery Items . .13 Appendix B: Top Food Conglomerates’ Widespread Presence in the Grocery Store . .27 Methodology . .29 Endnotes. .30 Executive Summary Safeway.4 Walmart alone sold nearly a third (28.8 5 Groceries are big business, with Americans spending percent) of all groceries in 2012.
    [Show full text]
  • Management's Discussion and Analysis
    Management’s Discussion and Analysis EXECUTIVE SUMMARY STRATEGIC ELEMENTS For more than 100 years, The J. M. Smucker Company (“Company”), The Company remains rooted in its Basic Beliefs of Quality, People, headquartered in Orrville, Ohio, has been committed to offering Ethics, Growth, and Independence, established by its founder and consumers trusted, quality products that help families create namesake more than a century ago. Today, these basic beliefs memorable mealtime moments. Today, the Company is a lead- still serve as a foundation for the Company’s decision making and ing marketer and manufacturer of fruit spreads, retail packaged actions. coffee, peanut butter, shortening and oils, sweetened condensed The Company’s strategic vision is to own and market food brands milk, ice cream toppings, and health and natural foods beverages which hold the number one market position in their category, in North America. with an emphasis on North America while embracing a global Its family of brands includes Smucker’s, Folgers, Jif, Crisco, Pillsbury, perspective. In support of this vision, the Company in recent years Eagle Brand, R.W. Knudsen Family, Hungry Jack, and Martha White has expanded its portfolio of number one and leading, iconic in the United States, along with Robin Hood, Five Roses, Carnation, brands through acquisitions, most recently Folgers coffee in Europe’s Best, and Bick’s in Canada. In addition to these brands, November 2008. the Company markets products under numerous other brands, The Company’s strategic long-term growth objectives are to including Dunkin’ Donuts, Millstone, Dickinson’s, Laura Scudder’s, increase net sales by six percent and earnings per share by greater Adams, Double Fruit (Canada), and Santa Cruz Organic.
    [Show full text]
  • $1 $399 $139 $149 $179 $599 $4
    • Rt. #7 Highway 46, (Pomona) Dickson (615) 446-5123 Prices Effective: Monday, December 10 • Colonial Village Center, Dickson (615) 446-7294 Thru Monday, December 24, 2018 • 2009 Hwy 47, White Bluff (615) 797-2372 MON TUE WED THU FRI SAT SUN 10 11 12 13 14 15 16 • 10041 Highway 70 E., McEwen (931) 582-4223 MON TUE WED THU FRI SAT SUN MON • 1795 Highway 100, Centerville (931) 729-2652 17 18 19 20 21 22 23 24 SERVICES PROVIDED • 562 Broadway Ave., New Johnsonville (931) 535-2353 BY CHAPPELL’S: • Money Orders • Propane Tank Exchange • Fax/Copy • VISA • Mastercard • Discover • Debit • NO GAMES • NO GIMMICKS • NO CARD EVER NEEDED BIGGEST “Pick 5” In Dickson, Humphrey’s & Hickman Counties • EBT (Food Stamps) Ad Items May Not Be Available In All Stores CHAPPELL’S Don’t have time for grocery (Butt Portions $1.29 Lb.) shopping? Hickory Smoked Shop us ON LINE Here’s how... COOK’S SHANK $ 19 Step 1: PORTION HAM LB. Order 1 On Line Step 2: Gladly Sliced FREE! Pick Up Frozen Spiral “Great for Gifts!” Self-Basting Random Sliced Whole In Store! PRIDE OF THE FARM $ 39 SUGAR TREE $ 49 CLIFTY FARM $ 79 YOUNG TURKEY BREAST LB. HALF HAM LB. COUNTRY HAM LB. 1 1 1 Shop at: www.chappellshometownfoods.com SEE OUR COMPLETE AD ON FACEBOOK 8 Lb. Bag 1 Lb. Roll Sage, 8 Lb. Bag Large Michigan Mild or Hot Sweet, Juicy California RED DELICIOUS $ 99 TENNESSEE PRIDE $ NAVEL $ 99 APPLES EA. COUNTRY SAUSAGE for ORANGES EA. www.facebook/Chappells-Hometown-Foods 3 2 4 5 Check Our Produce Departments for Garden Fresh Fruit Baskets Available on Request 15 Oz.
    [Show full text]
  • Product Categorization by Company
    Product Categorization by Company Campbell Soup Category #1 Category #2 Category #3 V8 Fusion Light Pace P Farm Cakes Swanson Broths Base Goldfish P Farm Cookies R&W Healthy Request Soups V8 Fusion P Farm Highly Flavored Goldfish R&W Base Soups (Chicken Noodle) P Farm 15 Grain Bread R&W Cream Soups (higher calorie) Campbell's Tomato Juice Chunky Soups Base V8 Spaghettios Campbell's Red & White P Farm White Breads Campbell's Select Healthier Version P Farm Desserts Tomato Juice V8 Splash Prego Coca-Cola Category #1 Category #2 Category #3 Diet Coke Vitaminwater Coke Coca-Cola Zero Odwalla Sprite Dasani Honest Tea All Other Regular CSDs Dannon Water PowerAde Smart Water Nestea Glaceau Essence Water Hi C Sprite Zero Mihute Maid All Diet CSDs Simply Brand Powerade Ion Zero ConAgra Category #1 Category #2 Category #3 Egg Beaters Healthy Choice Banquet Pam Low Fat Cold Cuts Marie Calendars Swiss Miss Sugar Free Guldens Chef Boyardee Move Over Butter Rosarita Peppers Hebrew National Hunt's Ketchup Kid's Cuisine LaChoy Act II Orville Reddenbacher Fleishmann's Blue Bonnet Peter Pan All Other Hunts Swiss Miss Danone Category #1 Category #2 Category #3 Evian Danimals Dannon Frusion Dannon Light & Fit Dan Active Full Fat Stonyfield Dannon Water Dannon Fruit on Bottm Activia Healthier Varieties of Stonyfield Dr. Pepper Snapple Category #1 Category #2 Category #3 Diet Dr. Pepper Mr. & Mrs. T Dr. Pepper Diet Seven Up Clamato Canada Dry Diet A&W 7-Up All Other Diet CSDs All Other Regular CSDs Snapple Diet Snapple Mott's General Mills Category #1 Category
    [Show full text]
  • Corporate Responsibility Report 2017 Corporate Responsibility REPORT
    CORPORATE RESPONSIBILITY 2017 Corporate Responsibility2017 Corporate Report REPORT One Strawberry Lane Orrville, Ohio 44667 330.682.3000 jmsmucker.com EXHIBIT B MANAGEMENT’S SCHEDULE OF THE SUBJECT MATTER AND CRITERIA THE J. M. SMUCKER COMPANY Schedule of Total Water Withdrawal For the Years Ended December 31, 2016 and 2014 2014 2016 Recalculated Water withdrawal (amount in megaliters) 2,800.2 3,0 07.8 OUR PURPOSE Water withdrawal Helping to bring families together to share memorable (amount in cubic meters) 2,800,200 3,007,800 meals and moments. We have always defined success by more than financial performance. We believe NOTE 1 — BASIS OF PRESENTATION: how we do things is as important as what we do. Our Purpose aims to articulate The above amounts represent the total water withdrawal of the Company for the years ended December 31, 2016 and 2014 that the Company prepared for its 2017 submittal to the CDP Water Disclosure and for presentation in the why we are in business and the impact we aspire to have on society. Company’s 2017 Report. These amounts have been prepared based on criteria as established in the World Resources Institute/World Business Council for Sustainable Development’s Greenhouse Gas Protocol: A Corporate Accounting Being together with the ones we love isn’t just a pleasant way to spend time — it’s and Reporting Standard, Revised Edition, and supported by the Global Reporting Initiative G4, EN8. vital to a healthy, happy, fulfilling life. In fact, the more family and friends spend NOTE 2 — BIG HEART ACQUISITION: Water withdrawal associated with the facilities acquired in 2015 as part of the Big Heart acquisition are not included time with each other, the richer their lives become.
    [Show full text]