ORRVILLE, OHIO — Sales for the US Retail Coffee segment of the J.M. Smucker Co. increased 7% to $693 million in the fourth quarter ended April 30 as three top brands contributed.

Café Bustelo net sales grew by double-digit percentages for the eighth consecutive quarter, said Mark T. Smucker, president and chief executive officer for J.M. Smucker, in a June 6 earnings call. He added Folgers’ net sales increased by 9%, and the Dunkin’ brand has returned to volume share growth.

“So we’ve seen even premium coffee with Dunkin’, which is 100% arabica, returning to growth as we’ve adjusted and seen relative price gaps come back in line to more normalized rates,” Mr. Smucker said. “Folgers continues its strong growth trajectory from a net sales perspective, and then Bustelo is the fastest-growing brand in the category.”

Fiscal-year segment profit in the US Retail Coffee segment increased 22%, primarily reflecting lower marketing spend and a favorable net impact of high net price realization, said Tucker H. Marshall, chief financial officer for the J.M. Smucker Co.

Companywide in the fiscal year, Smucker suffered a loss of $91 million, which compared with net income of $632 million, or $5.84 per share on the common stock, in the previous fiscal year. The net loss reflected a loss related to the divestiture of certain pet food brands. Adjusted earnings per share were $8.92, up slightly from the previous year. Fiscal year net sales increased 7% to $8.53 billion from $8 billion.

Fiscal-year sales increased in US Retail Pet Foods, up 10% to $3.04 billion, and in International and Away From Home, up 9% to $1.12 billion. Sales dipped 5% for US Retail Foods, but fourth-quarter segment sales jumped 14%. Lapping customer returns related to a Jif peanut butter product recall in the fourth quarter of fiscal 2022 had a 5% favorable impact.

In the fourth quarter, a companywide net loss of $601 million compared with net income of $202 million, or $1.88 per share on the common stock, in the previous year’s fourth quarter. Adjusted earnings per share were $2.64, up 18% from the previous year’s fourth quarter. Net sales of $2.23 billion were up 10% from $2.03 billion.