News

Consumers are becoming choosier, cutting back on discretionary snack purchases and cooking more meals at home, according to Campbell's Chief Executive Mick Beekhuizen.
Canned soup products maker The Campbell's Company CPB shares are trading higher in the premarket on Monday. The company ...
Campbell Soup Company reported better-than-expected third quarter results on Monday, as the food giant benefited from its recent Sovos Brands acquisition and saw improved consumption across income ...
The maker of soups and snacks posted a fiscal 3Q profit of $66 million, or 22 cents a share, compared with $133 million, or ...
Campbell Soup Company (NYSE:CPB) exceeded Wall Street’s expectations in its fiscal third-quarter earnings report, buoyed by the integration of Sovos Brands and a rebound in at-home food consumption ...
If buying organic isn’t in your budget this fall, experts say not to worry, as you’re likely to get the same nutritional benefits from conventional foods. More important, they added ...
Over the border, Vion Food Group manoeuvres to exit the German ... for its core operations but with a sizeable contribution from Sovos Brands, which was acquired roughly halfway through the ...
Sovos Brands had net sales of $1 billion in the ... dependable and growth-oriented large capitalization value names in food.” Campbell Soup has set up a new business unit, called Distinctive ...
CAMDEN - Campbell Soup Co. has completed its $2.7 billion acquisition of Sovos Brands Inc., the producer of Rao's pasta sauce. The all-cash purchase offers "a substantial runway for sustained ...
The firm and Lachman launched Sovos in 2016. Advent and Sovos were looking to fill a void in food investments. As Case tells it, there is a lot of capital that will fund early-stage brands and ...
Specialty foods company Sovos bought the brand in 2017 and grew sales to more than $600 million. On Monday, Sovos announced it would be acquired by Campbell Soup for $2.7 billion. With just 10 ...