4 Popular Coffee Brands Just Got Cheaper

by Angela Nazworth | May 16, 2012 4:25 pm

Good news for java lovers: The cost of Folgers, Millstone, Cafe Bustelo and Dunkin’ Donuts packaged coffee is going down.

The owner of those four popular coffee brands, J.M. Smucker (NYSE:SJM[1]), has slashed the list price on some of its packaged coffee by about 6%. The lower price is related to a steady decline in the cost of green coffee, according to The Wall Street Journal[2].

Coffee lovers who are devoted to other brands like Caribou Coffee (NASDAQ:CBOU[3]), Starbucks (NASDAQ:SBUX[4]) and Maxwell House, which is owned by Kraft Foods (NYSE:KFT[5]), can only hope that these companies will follow Smucker’s lead.

Endnotes:
  1. SJM: http://studio-5.financialcontent.com/investplace/quote?Symbol=SJM
  2. The Wall Street Journal: http://online.wsj.com/article/SB10001424052702304371504577405852893246084.html?mod=dist_smartbrief
  3. CBOU: http://studio-5.financialcontent.com/investplace/quote?Symbol=CBOU
  4. SBUX: http://studio-5.financialcontent.com/investplace/quote?Symbol=SBUX
  5. KFT: http://studio-5.financialcontent.com/investplace/quote?Symbol=KFT

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