Page 5 - Mark Clouse News Today

As Ozempic and Wegovy continue to quite literally rush off the selves, a new opponent has appeared — the snack industry's money people, who are, it seems, concerned about its apparent appetite suppressing qualities. As the Wall Street Journal reports, investors behind companies like Campbell's Soup and Conaga Brands, which manufactures Slim Jim meat sticks and […]

Nearly 7% of the population is projected to be on weight-loss drugs in 2035

LOUISVILLE — An individual investor in Sovos Brands Inc. (Nasdaq: SOVO) is suing the company and a group of its leaders, alleging violations of the Colorado Securities Act that occurred during the food-brand umbrella company’s $2.7 billion sale to Campbell Soup Co. (NYSE: CPB).

Campbell Soup Company today announced that Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financial Officer, will participate in a...

CAMDEN, N.J. — Campbell Soup Co. recently reported results for its fourth-quarter and full-year fiscal 2023 ended July 30.

Campbell Soup Co. will not indulge in a race to the bottom to secure additional volume share by leaning on “dysfunctional promotions” in 2024 despite what it anticipates will be a sluggish start to the fiscal year as the company laps “transitory” factors that bolstered comps in fiscal 2023, according to executives.

Campbell Soup is positioning for margin expansion in its new fiscal year as moderating inflation leads to cost savings and productivity gains.

Campbell Soup Company (NYSE:CPB) Q4 2023 Earnings Call Transcript August 31, 2023 Campbell Soup Company reports earnings inline with expectations. Reported EPS is $0.5 EPS, expectations were $0.5. Operator: Greetings, ladies and gentlemen, and welcome to the Campbell Soup Company Fourth Quarter Fiscal 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call […]

Campbell Soup Co. packs on profits thanks to its Snacks division

For the fourth quarter: Net Sales increased to $2.1 billion. Organic Net Sales increased 5%. Earnings Before Interest and Taxes increased to $272 million. Adjusted EBIT decreased 10% to $242...