Campbell Soup CEO on $2.7 billion pasta sauce deal: We are serious about groceries

CEO Mark Clouse thinks his legacy businesses of chicken noodle soup, Prego pasta sauce, and Swanson broth are tastier growth engines than Wall Street currently believes. To correct the misperception, Clouse is making a $2.7 billion bet on pricier pasta sauce, dried pasta, and frozen pizza. The…#markclouse #prego #clouse #sovosbrands #yahoofinance #campbell #goldfish #sovos #denisemorrison #campbellsoup

Source: Reuters: Health - August 7, 2023 Category: Consumer Health News Source Type: news