Campbell Soup's (CPB) Snacks Unit Stays Resilient Amid Hurdles
Campbell Soup(CPB) ZACKS·2024-07-12 23:25
Campbell Soup Company (CPB) has been demonstrating strong execution and strategic resilience amid a dynamic consumer environment. The company’s Snacks division, anchored by robust power brands, remains strong despite temporary pressures. That said, the Meals and Beverages unit remains a vital growth catalyst.The acquisition of Sovos Brands has proven fruitful, contributing positively to the company's third-quarter fiscal 2024 performance. Apart from this, Campbell Soup's ongoing cost-saving initiatives and ...