Campbell made solid progress in fiscal 2013 as the company executed its dual mandate to strengthen core business and expand into higher-growth spaces. Its full-year sales and adjusted EBIT growth were consistent with its fiscal 2013 guidance, and its EPS growth exceeded expectations.
Campbell Soup Company continues expanding its brands portfolio with its acquisition of Kelsen Group A/S, a producer of baked snacks, including the Kjeldsens and Royal Dansk brands, sold in 85 countries around the world.
Pepperidge Farm is looking to drive sales of its Puff Pastry product by bringing in culinary expert and Top Chef judge Gail Simmons. Simmons developed a collection of exclusive recipes that feature the company’s Puff Pastry as a key ingredient.