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CPB Actualités Forex
Campbell's Q1 Results Down, Yet Beat Street; Backs FY26 View; To Buy 49% Stake In Italy's La Regina
Food and beverage major Campbell's Co. reported Tuesday lower earnings in its first quarter with weak net sales. Adjusted earnings and top line, however, beat market estimates. Further, the firm maintained fiscal 2026 outlook. In addition, Campbell's said it has entered into definitive agreements to acquire a 49 percent interest in Italy -based La Regina, the privately held producer of Rao's
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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.
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Campbell Soup Reaffirms FY24 Outlook - Update
While reporting financial results for the second quarter on Wednesday, Campbell Soup Co. (CPB) reaffirmed its adjusted earnings and net sales guidance for the full-year 2024, to reflect sequential volume and margin improvement for its key brands and categories.
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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.
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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.
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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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