Campbell Soup's (CPB) Snacks Unit Stays Resilient Amid Hurdles
Campbell Soup Company (CPB) has been demonstrating strong execution and strategic resilience amid a dynamic consumer environment. The company's Snacks division, anchored by robust power brands, remains strong despite temporary pressures. That said, the Meals and Beverages unit remains a vital growth catalyst. Robust Snacks Unit Though sales in the segment decreased year over year in the third quarter of fiscal 2024 due to declines in lower-margin partner brands, contract manufacturing and fresh bakery, the ...