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Campbell's Co. Reports Increased Sales Amid Rise in Home Cooking

Campbell's Co. sees a 15% rise in broth sales as Americans cook more at home, while snack sales decline by 4%.


Overview

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Campbell's Co. reported a 4% increase in net sales to $2.5 billion for the fiscal third quarter, driven by a 15% rise in broth sales as more Americans cook at home. CEO Mick Beekhuizen noted that consumers are focusing on budget-friendly products, leading to the highest level of home cooking since early 2020. However, snack sales, including Goldfish and Cape Cod chips, fell by 4%. Other companies like McDonald's also report a trend towards home dining amid economic uncertainty.

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Articles (3)

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LeftCenterRight
Associated Press
Boston Herald
Epoch Times
Campbell's Co. says sales rise as more Americans cook meals at home
Associated PressAssociated Press·14d·
Center
This outlet is balanced or reflects centrist views.

"…Campbell’s net sales rose 4% to $2.5 billion for the fiscal third quarter, which was in line with Wall Street’s expectations."

Campbell’s Co. says sales rise as more Americans cook meals at home
Boston HeraldBoston Herald·14d·
Leans Right
This outlet slightly leans right.

"…Campbell’s net sales rose 4% to $2.5 billion for the fiscal third quarter, which was in line with Wall Street’s expectations, according to analysts polled by FactSet."

Campbell’s Earnings Exceed Estimates, Fueled by At-Home Cooking Trends
Epoch TimesEpoch Times·14d·
Right
This outlet favors right-wing views.

"…However, the company’s snacks business fell short in the third quarter of fiscal year 2025."

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