Campbell to Divest Its noosa Yogurt Brand to Focus on Core Business
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Campbell Soup Company (CPB) is divesting its noosa yogurt brand to concentrate on its core business, aiming to enhance growth in fiscal 2025.
November 13, 2024 | 7:30 pm
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Campbell Soup Company is selling its noosa yogurt brand to focus on its core business, which is expected to aid growth in fiscal 2025.
The divestiture of the noosa yogurt brand allows Campbell to streamline its operations and focus on its core brands, which is a strategic move to enhance growth. This decision is likely to positively impact CPB's stock price in the short term as investors may view this as a positive step towards improving financial performance.
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