The latest update is out from Campbell Soup ( (CPB) ).
On February 24, 2025, Campbell’s Company announced the completion of the sale of its noosa yoghurt business to Lakeview Farms, LLC. This divestiture, which follows the acquisition of noosa as part of Sovos Brands in March 2024, is expected to slightly reduce earnings per share in fiscal 2025 by approximately $0.01.
More about Campbell Soup
The Campbell’s Company, a North American brand powerhouse headquartered in Camden, N.J., has been connecting people through food for 155 years. It generates significant revenue across two main divisions: Meals & Beverages and Snacks, with a portfolio of 16 leadership brands including Campbell’s, Goldfish, and Pepperidge Farm.
YTD Price Performance: -2.17%
Average Trading Volume: 2,937,453
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.1B
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