Campbell Soup Reaffirms FY24 Outlook - Update

Campbell Soup Closes Acquisition Of Sovos Brands In $2.7 Bln All-cash Deal

Campbell Soup Co. (CPB) announced Tuesday it has completed the acquisition of Sovos Brands, Inc. for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion.

RTTNews | hace 432

Campbell Soup Boosts FY23 Outlook As Q2 Results Top Estimates

Campbell Soup Co. (CPB) reported on Wednesday a profit for the second quarter that grew nine percent from last year, driven by 12 percent net sales growth amid favorable net price realization. Adjusted earnings per share and quarterly net sales topped analysts' estimates. The company also raised its financial guidance for the full-year 2023.

RTTNews | hace 803

Campbell Soup Boosts FY23 Outlook - Update

While reporting financial results for the first quarter on Wednesday, Campbell Soup Co. (CPB) raised its adjusted earnings and net sales guidance for the full-year 2023, to reflect strong first-quarter results, sustained brand momentum and strengthened supply chain.

RTTNews | hace 894

Campbell Soup Q4 Profit Plunges, But Results Meet Estimates

Campbell Soup reported on Thursday a profit for the fourth quarter that plunged from last year, hurt by higher costs and expenses amid industry-wide inflation and supply constraints. Both adjusted earnings per share and net sales for the quarter met analysts' estimates. The company also initiated financial guidance for the full-year 2023.

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European Shares Edge Lower On US Debt Concerns

European stocks traded lower on Monday as investors reacted to Moody's downgrade of U.S. credit rating and mixed economic data from China.

RTTNews | hace 45 minutos

Asian Shares Drift Lower After US Credit Rating Downgrade

Asian stocks ended lower on Monday as Moody's downgrade of the U.S. credit rating reinforced Wall Street's growing worries over the U.S. sovereign bond market.

RTTNews | hace 1h 6min

China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.

RTTNews | hace 2h 22min

Thai Downgrades GDP Growth Outlook

Thailand's economy is projected to expand less than the previous estimate this year as trade tariffs are likely to dampen exports in the second half of the year, the National Economic and Social Development Council said Monday. Southeast Asia's second largest economy is forecast to grow in the range of 1.3 percent to 2.3 percent this year. This was down from the previous outlook of 2.3 percent-

RTTNews | hace 3h 55min

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Campbell Soup Reaffirms FY24 Outlook - Update