the gross margins declined 370 basis points at smucker., the gross margins went up by the way, doug yearly, the ceo of toll brothers, gross margins went up. this is a company that i happen to like very much but gross profit declined. declines in u.s. coffee, that had been a pretty good business. u.s. pet down 36%. i read this and i think one thing, buy chewy. >> buy chewy, yeah. >> is this international dog day? melissa, right it's international dog day. >> we have been talking about it have you tried rachael ray's little snacks? they're $12 for a bag and they're really good. my dogs love them. they're chewy and moist. >> i thought you were going to say you had one. >> i have not tried them but you know what, if it -- if things got dire enough, i think you can eat that stuff how manystuff. how many dogs you got, jim you got nvidia. >> i got two we got nvidia the second, whost a total knuckle head and then we got bob marley nvidia's a vegetarian, absolutely loves tomatoes, loves peppers. very strong dog. >> i think the vegan dogs are really

when it comes to brands, smucker said it was planning to increase prices across varieties of categories >> the overall inflation rate is not that much higher than it normally is. there are certain selective items in the grocery store that folks macy -- macy increase cost. this will even out. >> even if the economists and politicians say that price increases won't last, what is unique right now is that extreme weather seems to be pounding almost every region of the globe . no other industry is more at the mercy of sun, rain, and heat than agriculture. when changes in the weather can upend a farmers fortunes overnight, you might notice it with your morning cup of joe. tom: laura wright breaking down the link between natural disasters and inflation. you can catch even more on this week's bloomberg green shell. watch tonight or over the weekend. we are hearing more and more about climate change from central bankers around the world. how should they address it is a question to answer. ? -- >> there's no question that climate change has the potential to affect the structure of the economy. >>

kroger again domino's, people are staying home ordering delivery the buyers, campbells, kellogg's, smucker's, with a name like that its stock better be good. wow. the problem with this kind of rotation, it's stupid? no, it's that lazy thinking i keep telling you about remember, home depot didn't actually miss its revenue or earnings numbers the same-store sales only came in a tiny bit shy and the pros are still building different buying patterns. no reason to panic get this, what happens if their arch rival lowe's whose stock was down big today reports and says it had none of those problems honestly it wouldn't shock me. the c of leasowe's is fantastic his job. what happens if the fed watches our show and says, why don't we wait a couple of months? the wholesale re-evaluation of everything each day that i come in here is why i feel like this is a say good-bye to tranquility market we thought we had a smooth transition to spending on home to travel and leisure with no let up in between? something in between, no travel, no home renovations and no car buying are things truly that dire listen, i

, jim, which also warnings -- >> smucker's gross margins were te terrible dollar general, dollar treewe know that they've got tremendous traffic. that's been one of the stories the traffic's been great, but they're not capitalizing on it as they should have. these are shocking, frankly, because everyone's been saying the chatter had been this is where people are going. >> yes >> obviously if they're going, they're not -- they're taking the wood to dollar tree. and the dollar general i think that you have to go to a william sonoma where people are talking about the home she's talking about the investments in the home. she's digital first but not digital only, but she's talking about there's been decades of investment in tech in her company, so her supply chain is better, although she still said there are issues my favorite was best buy, which said, listen, we bought chip, we have our own ships i think that what you're going to have to start thinking about if you're in this business, is you're going to have to take it to yourself. you have to just run this thing. >> right, you've made t

let's spin the smucker's jar smucker's on top of the pasta. fantastic! yummy! i try. from little rock, arkansas, 100. love having long phone conversations with family and friends. happy birthday, 100, for terry, a dog lover. perfect for international dog day. after a stint in the army she went on to own 23 lumber companies. it's the wood that makes it good mary of cumberland, rhode island, celebrating 100 years teaching science in the local school district 30 years leon mccraw from baytown, texas. avid sports fan is 100 and married to his teenage sweetheart, for, get this, nearly 80 years. amazing. last, not least, happy 105th birthday to ms. dorothy nelms, proud grandma from texas asked about her secret to longevity she says, quote, i ain't got time to be mad at nobody great advice. >>> and this is our favorite part of the show, it's back, carson daly. >> if you want highlights from all four hours of "today," extended interviews, a peek behind the curtain at studio 1a, check out "today in 30." catch it and other shows on demand all day stream@today.com. >> favorite p

smucker available? >> yes, can you hear me? chairman yarmuth: yes. >> ok, sorry about that.ou calmly by surprise a little bit. -- caught me by surprise a little bit. but thank you so much for holding this hearing, mr. chairman. i was pleased that we are holding a hearing on this topic, and a surprise, given the actions taken by president biden on his very first day in office relative to the -- relative to the border wall. i think if we were to be consistent with the comments made last congress by democrats and by the chairman, we should be calling this executive order illegal. you all know -- i do not know if i specifically heard that word today, but this is an important discussion to have. and certainly to the point made earlier about what people care about, people certainly care, in my district, about what is happening on the southern border. we have seen a real crisis here at the border. i saw firsthand, along with many of my colleagues who have visited the border and have seen the impact on the border, certainly the impact on the border patrol agents, who are just comple

oh, how about some smucker's natural? first ingredient real strawberries.c ends] woman: wait. - we didn't approve this poster. - no. sid ross did. and what sid wants, sid gets. - [elevator bell dings] - he doesn't care what the network thinks. [groans] then what's the point of discussing cast changes with him? - he's just gonna do what he wants regardless. - [presses button] [mouth full] as always. [creaking, rumbling] - [gasps] aah! - aah! is he dead?! is he dead? [sighs] [flatter voice] is he dead? [normal voice] is he dead? hey, good morning, martha. - is he dead? - is who dead? no, i'm just... is he dead? is he dead?

. >> yeah, i wouldn't call out smucker's as being a great example.rt answer >> i thought somebodier was one of your favorites. >> it is, but not for this reason. >>> apple settling a class-action lawsuit josh, the impact on the app store? >> apple could soon have one last legal headache, announcing it's going to let developers contact customers for payments outside of the ios app this always come as part of a settlement over app store policies also a new to assist they seem to hope for more, saying this new acby apple is a far step, but she says more must be done. marketplace, including common-sense legislation to set rules of the road. and actually they're saying that the app store model is under pressure, but the changes he says have been immaterial so far to the company's bottom line. >>> just a quick look internally very strong basically everyone in the pool rally to the up side u.s. dollar index it's coming off, year to date, take a look at the vehicles, it's a sickly c cat. >>> 52 record closes he's in for wilfred frost. mike cal it the everyon

food -- jm smucker, they said they were planning to increase prices on a variety of categories. >> theigher than a normal these. there are certain selected items in the grocery store that folks may see increase costs, but we think this is going to even out, if you will. laura: even if the economists and politicians say that price increases won't last, what's unique right now is that this extreme weather seems to be pounding almost every region of the globe. no other industry is more at the mercy of sun, rain and heat than agriculture. . when changes in the weather can up and a farmer's fortune overnight, you may notice it with that morning cup of joe. tom: laura wright breaking down the link between natural disasters and inflation. you can catch even more on this week's "bloomberg green" show. we are also hearing more and more about climate change from central bankers from around the world. but how they should address it is a difficult question to answer. >> there is no question that climate change has the potential to affect the structure of the coming -- of the economy. >> it is like

e let's spin those smucker's jars saying happy birthday to inez king, 103 years old, never leave homelebrating 101 years. betty says the secret to longevity, take the time to dress your best. happy 100th birthday charlie of north carolina, charlie earp he and his wife, dot, married for 76 years fantastic. and 100, spending her golden years as a tutor in the city school district. yolanda, 104, a retired banker from cape maine, new jersey. always the last person to leave the dance floor. happy 100th birthday to bob johnson, a proud grandpa from kalamazoo, michigan. i knew a gal from kalamazoo. he's donated over 20 gallons of blood in his lifetime. that's amazing >> a lot of blood. >> happy early birthday to you, we love you. coming up on "hoda and jenna," chris young performs the latest single off his new album >>> first, we got the third hour of "today" straight ahead. happy birthday mr. roker thank you so much, here is your local news and weather >>> good morning. it is. >> caller: -- 8:56. traffic brought to a stop. a camera captured a lot of smoke. >> that was a few minutes ago. mos

spin those fabulous smucker's jars. happy 100th birthday to edward kenney in boston, mass.his coffee lover also 100 on her day. you'll probably find her at the nail salon. she loves getting the mani/pedi as does craig melvin. happy 100th birthday to william mazure. die-hard chicago white sox fan from skokie, illinois. he must have loved the big game last week. he's been married to the love of his life for over 60 years jane hansen played tennis well into her 90s a world traveler raymond mayers, 103. a proud grandpa from osbourne, kansas he says the secret to longevity is good genes. his mom lived to 102 and last but not least, one for the record books >> no way. >> happy 112th birthday to ethel bowens of guthrie, oklahoma, the state's oldest living person that is a happy birthday happy birthday to you, evelyn. >> 112 >> i think that's the oldest >> that is impressive. >>> we've got lots more ahead, folks. don't go far coming up next in the third hour, we're live with girls -- >> 5eva. >> first your local news and some weather 8:56. i'm marcus washington. scott peterson is s

it hoda's birthday, but we have some other birthdays to celebrate those let's spin around those smuckersn ballard of oklahoma city, oklahoma, is 100 years old he enjoys watching old war movies just like my dad let's change things up a little bit. happy 75th anniversary to bunny and charles montgomery from owensville, indiana. they say the secret to a happy marriage is listening to each other. easier said than done sometimes. we have charles hasegawa of troy, michigan he is 100 years old and served our country during world war ii. we salute you for your service thank you. tena green of youngstown, ohio, is 100 she used to work as a senior citizen tutor at the local elementary school. cool and last but certainly not least, happy 100th birthday to john spain a former eagle scout from middlebury, connecticut, he once owned the largest cactus collection in his home state >> i like that >> do you have a cactus collection >> i do, but it's not very large. but i like cacti because you don't have to really water them. >> and once an eagle scout, always an eagle scout. hinode is not leaving just y

. >>> it's >>> it's smucker's time. >> let's see who we've got on the label today.an, 100 years old married to the love of his life for more than 50 years happy 100th birthday to june diggs, a cross-country traveler from harrisburg, pa, who says the secret to longevity is a little chocolate candy naporano1 that's what we call craig. francis naporano from new jersey is also 100. her family says francis is the essence of warmth, lovshgs and compassion elizabeth worked at the local history museum for more than four decades and happy 100th birthday to cecil smith, a football fan. he's from new mexico his secret to longevity says socializing with the ladies. >> oh. >> oh, well. >> i love that >> reminder to you, if you want the best moments from the show and exclusive content you won't find anywhere else, tune into our streaming show, "today in 30." catch it at 1:00, 5:00, 7:00 and 9:00 today.com. >>> coming up, hoda and jenna have some perfect outdoor games. end of summer fun. >> a deejay there. >> i know. >> crazy >> and on the third hour, a truly golden family. the fi

al, ready to spin some smucker's jars today >> i'm always ready to spin the jars so let's go through much like tom llamas >> it's true >> kevin moore jr. is from indianapolis, indiana. once this kid wakes up, he is nonstop. he gets into everything. happy 1st birthday to thora cordova, a world class napper from new york city i would put her up against craig anytime. long walks in the stroller so does craig. let's go to the bronx now where we find miss khaleesi hickman. >> i think it is because she loves the mac n cheese james johnson is from oak ridge, north carolina youngest of four siblings. his hobbies include laughing at all of his siblings. last but not least, happy first birthday to matteo lushman i love that name vegetable lover from loveland, ohio his first word, aqua >> really? >> not mama but aqua >> aqua. >> we can't let this hour pass without acknowledging mr. roker's glasses. those are new. >> kind of aqua. >> something new energy-boosting foods that will keep you going until you're ready for some rest. >>> first up, on the third hour, we have a special performance from t

birthdays >> we're excited to celebrate some birthdays i love showing up this time to spin around those smucker'sshe is an avid bingo player from strongsville, ohio loves guard penning, golfing, and spending time with her family love all those things. florence toots dougherty is from thermopolis, wyoming 100-year-old musician can't read a lick of music but plays the piano and oregon like an expert. that's all that matters. happy 100th birthday to eugene williams from jacksonville, illinois loves to stay active we thank you for your service, sir. dolores "mushie" vokes from clearfield, pennsylvania. celebrating 100 years old today. let's say hello to doris geller from princeton, new jersey find this 102-year-old sitting by the pool playing penny slot machines, line dancing or hanging with her family. and happy 100th birthday to margaret colucci, from new castle, pennsylvania painting enthusiast. margaret's recipe to longevity, it's simple, family. that's all you need. >> i have this thought of mushie waiting for the nurse to walk by her room and as soon as she's gone, she pours a little wine. hey

smucker to inquire. with the gentleman unmute? >> and you hear me now? >> i can you. >> thank you, mr. chairman. secretary, thank you for testifying before us here today. i have some real concerns with president biden's budget. i think it manages to raise taxes on middle and lower income americans while simultaneously -- position by think we're headed toward not being able to make good in our promises on a path to bankruptcy. i really want to be sure the american people are hearing this salcedo again. this budget raises taxes on all americans including those who the president said he wouldn't raise taxes on. we know even the money raised through this is still not enough to pay for all the proposals in the budget. this budget includes a provision to great a public option, coupled with the 163 billion in subsidies in the plan to try to make obamacare plans more affordable. both proposals do nothing to lower the actual cost of healthcare to boost innovation or to improve access. what's more, the budget includes promises to seniors by expanding medicare fee-