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Campbell's Q2 Earnings Mixed; Guidance Drops

Campbell's reported mixed earnings with net sales growth fueled by acquisitions, but faced margin pressure from increased costs.Iconic soup and snack food company Campbell's (CPB -2.33%) reported mixed fiscal 2025 second-quarter earnings on Wednesday, March 5. The highlight was a 9% rise in net sales to $2.68 billion, largely attributed to its acquisition of Sovos Brands. This acquisition offset some underlying challenges. The quarter exceeded expectations in terms of sales volume, and adjusted earnings per ...