Campbell's reported mixed earnings with net sales growth fueled by acquisitions, but faced margin pressure from increased ...
"With nearly 25 years in the food industry, Cretella has extensive experience in general management, marketing and sales," Campbell's said in a statement. At Colorado-based Sovos Brands ...
Word is spreading that Sauer Brands Inc. ― owner of Greenville's beloved mayonnaise brand ― has been sold to none other than ...
The increase was driven by the benefit from the Sovos Brands acquisition. Organic net sales decreased 2% to $2.4 billion, driven by net price realization with flat volume/mix. Meals & Beverages ...
Net Sales Growth: 9% increase, driven by Sovos acquisition. Organic Net Sales: Decreased 2% due to weaker snacking categories. Adjusted EBIT: Increased 2% year-over-year. Adjusted EPS: $0.74 ...
Sovos Brands, Inc. engages in the sale of Italian sauces and dry pasta, soups, yogurts, frozen ready-to-eat meals, pancake and waffle mixes, baking mixes, and frozen waffles. Its brands include ...
With nearly 25 years in the food industry, Cretella has extensive experience in general management, marketing and sales. At Sovos Brands, she was Executive Vice President, General Manager of the ...
Sovos Brands founder and Sauer Brands Chairman, and Ben Rawitz. The funding follows 125% year-over-year revenue growth and reflects accelerating consumer demand for clean-label, whole-food ...
He has also served as the president of Sovos Brands, previously part of Advent’s portfolio, before being acquired by Campbell Soup Co. for $2.7bn. Additionally, Hermida was once executive vice ...
Previous Advent investments include Sovos Brands (sold to the Campbell's ... and high-quality semi-finished food ingredients, and Indian snack food manufacturer BFM Foods, according to Perishable ...