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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Soup's Still Hot: Campbell's Reaffirms Outlook, Doubles Down On Rao's

Campbell RAO CPB
Utah,,Usa,-,June,24,,2023:,Varieties,Of,Campbell's,Soup

The Campbell’s Company (NASDAQ:CPB) shares rose Tuesday after the food maker topped quarterly profit and revenue expectations despite softer sales.

Investors also weighed a fresh deal to deepen its partnership with Rao’s sauce maker La Regina and a reaffirmed earnings outlook for fiscal 2026.

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