Campbell Soup (CPB) Q3 Earnings Top, Net Sales View Raised
CPBCampbell Soup(CPB) ZACKS·2024-06-05 23:45

Campbell Soup Company (CPB) came out with third-quarter fiscal 2024 results, wherein the top and bottom lines increased year over year and beat their respective Zacks Consensus Estimate. While the top line gained from the recent acquisition of Sovos Brands (concluded in March 2024), the bottom line was driven by factors like enhanced supply-chain productivity and cost savings.Campbell Soup updated its guidance to include the impacts of its Sovos Brands acquisition and the anticipated performance of the base ...