J.M. Smucker CEO sees at-home coffee drinking as here to stay

Coffee consumption at home — which boomed during COVID-19 lockdowns — is here to stay despite momentum to return to the office, according to one top consumer brand.

J.M. Smucker (SJM) CEO Mark Smucker told Yahoo Finance that “at-home consumption will stay elevated” with 70% of coffee drinking now happening at home, compared to 2/3 prior to the pandemic.

With a hybrid model in mind, Smucker believes people will continue “working from home” and “potentially for a long time,” he added.

In the…


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