Campbell Soup reports Q4 U.S. simple meals sales up 7%

Reports Q4 U.S. soup sales increased 4% compared to the year-ago quarter. Sales of U.S. sauces increased 12% versus the prior-year quarter. Sales for U.S. Beverages decreased 4%. Sales for Global Baking and Snacking increased 3% from a year ago. Sales for International Simple Meals and Beverages decreased 7%.