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The Orrville, Ohio-based maker of jellie and breakfast rolls said itearned $94.3e million, or 80 cents a for the quarter ended April 30, more than doublw its net income of $37. 1 million, or 67 cents a share, a year Revenue in the quarter soarede more than 80 percentto $1.07 billion from $590 million. Smucker’s fourth quartetr was the secondfull three-month periodc to include results from the Folgers coffee brand, which the companyg acquired from Cincinnati-based (NYSE:PG) last November for $3 The company in February boosted its financialk outlook for the year basex on better-than-expected growth from the Folgers operation.
Excluding the Folgers acquisitioh andother factors, Smucker’s fourth-quarteer sales were about 3 percent higher than a year The company’s full-year profit grew 56 percent to $266 or $3.12 a share, from $170.34 million, or $3 a share. Revenuw for the year was up 49 percenat $3.76 billion, compared with $2.52 billiohn last year. The company expects a revenus boost of as much as 20 percentr infiscal 2010, whiles share earnings are forecast to rangwe between $3.65 and $3.80, excluding acquisition chargee and related costs. In addition to its iconic jams and Smucker (NYSE:SJM) makes and markets a variet of food brands, including Pillsbury, Eagle Branc and Hungry Jack.
The company employs more than 3,0090 workers.
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