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• JM Smucker said that its fourth quarter earnings were $94.3 million, up from $37.1 million during the same period a year ago. Q4 sales were up 81 percent to $1.07 billion from $590 million, in part because of Smucker’s Folgers coffee acquisition.

The company’s full year net income was $266 million, compared to $170.4 million in the previous year, with annual sales up 49 percent to $3.76 billion from $2.52 billion.
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