Net Sales Growth
Campbell's delivered 9% growth in net sales, reflecting the contribution from the Sovos acquisition.
Stable Volume Performance
Volumes in the second quarter remained flat, marking the fourth consecutive quarter of flat or increasing volume for the total enterprise.
Successful Holiday Campaigns
Campbell's condensed cooking products had a successful holiday season, growing both dollar and volume share as well as volume consumption.
Rao's Brand Performance
Rao's sauce delivered high-single-digit net sales growth in the second quarter and is expected to grow slightly above 10% for fiscal '25.
Cost Savings Initiatives
Campbell's delivered approximately $65 million in total savings under the $250 million cost savings program.
Strong Operating Cash Flow
Campbell's generated $737 million in operating cash flow for the second quarter year-to-date, an 8% increase from the prior year period.