Campbell's Q2 Earnings Beat Estimates, Sales Increase 9% Y/Y
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Campbell's fiscal Q2 results show a 9% net sales increase, driven by the Sovos Brands acquisition. However, the company has lowered its 2025 guidance.
March 05, 2025 | 6:30 pm
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Campbell's reported a 9% increase in net sales for Q2, primarily due to the acquisition of Sovos Brands. Despite the positive earnings, the company has lowered its 2025 guidance.
The 9% sales increase is a positive indicator, likely boosting short-term investor sentiment. However, the lowered 2025 guidance may offset this positivity, leading to a neutral short-term impact on the stock price.
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