The demand for Uncrustables is at an all-time high, with the company increasing its sales in the first quarter by 30 percent and easily clearing the $160 million mark. The company’s production lines are working non-stop, churning out 4 million sandwiches per day, but even this isn’t enough to keep up with the pace the company has set.

In order to meet the $1 billion goal, Smuckers is building a new production plant in Alabama while also expanding its Denver, Colorado plant. The company also has a third plant in Scottsville, Kentucky. 

“We had set a half a billion dollar target for that brand. We’ve already achieved half a billion dollars in sales a year in advance of our original projections, and we anticipate that brand over the next five years will become a one billion dollar brand,” said Smucker in a recent chat with Yahoo Finance Live.

Uncrustables sandwiches are a variation of a sealed crustless sandwich. They come filled with all sorts of sweet and savory fillings, including Peanut Butter and Jelly, eggs, veggies, chicken, and more.

The post Smucker CEO Expects Uncrustables to Become a $1 Billion Business appeared first on theprimarymarket.com.

The demand for Uncrustables is at an all-time high, with the company increasing its sales in the first quarter by 30 percent and easily clearing the $160 million mark. The company’s production lines are working non-stop, churning out 4 million sandwiches per day, but even this isn’t enough to keep up with the pace the company has set.

In order to meet the $1 billion goal, Smuckers is building a new production plant in Alabama while also expanding its Denver, Colorado plant. The company also has a third plant in Scottsville, Kentucky. 

“We had set a half a billion dollar target for that brand. We’ve already achieved half a billion dollars in sales a year in advance of our original projections, and we anticipate that brand over the next five years will become a one billion dollar brand,” said Smucker in a recent chat with Yahoo Finance Live.

Uncrustables sandwiches are a variation of a sealed crustless sandwich. They come filled with all sorts of sweet and savory fillings, including Peanut Butter and Jelly, eggs, veggies, chicken, and more.

The post Smucker CEO Expects Uncrustables to Become a $1 Billion Business appeared first on theprimarymarket.com.