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Stock impact report

Campbell’s Completes Sale of noosa Business to Lakeview Farms

The Campbell's Company (CPB) 
Last the campbell's company earnings: 3/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.campbellsoupcompany.com
Company Research Source: Business Wire
CAMDEN, N.J.--(BUSINESS WIRE)--The Campbell’s Company (NASDAQ:CPB) (Campbell’s) today announced it has completed the sale of the noosa yoghurt business to Lakeview Farms, LLC, a manufacturer of fresh dips, desserts and specialty products. Terms of the transaction were not disclosed. Lakeview Farms and noosa will combine and now be known as Novus Foods.As stated when the sale agreement was announced in Nov. 2024, Campbell’s expects the divestiture to be dilutive to earnings per share by approximately $0.01 in fiscal 2025.Campbell’s purchased the noosa yoghurt business as part of the Sovos Brands, Inc. acquisition in March 2024.About The Campbell’s CompanyFor 155 years, The Campbell’s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net Show less Read more
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