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Campbell Soup Company is hoping a $160m refurbishment to its Pepperidge Farm bakery in Richmond, Utah, will tip its Goldfish cracker brand over the billion-dollar sales mark.
Net sales rose 5% in the quarter due to a 12% gain in snacks.
Net sales overall rise 5% in the quarter due to a 12% gain in snacks.
Sales in the Snacks segment increase 12% in the third quarter.
Pasta, Mexican sauce brands are potential acquisition targets.