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Campbell Soup: Why Investors Should Look beyond Net Sales Growth

Adrian Stevens
Campbell Soup: Why Investors Should Look beyond Net Sales Growth

The Campbell Soup Company (CPB) marked strong net sales growth in the fiscal third quarter. Incremental sales from acquired brands and favorable currency rates are driving Campbell Soup’s net sales higher. During the fiscal third quarter, Campbell Soup’s net sales jumped 14.7% on a year-over-year basis, reflecting a 14.0% contribution from its acquisitions of Snyder’s-Lance and Pacific Foods.