As of the end of the fourth quarter, Campbell’s (CPB) has delivered approximately $145M of savings under the $250M cost savings program announced in September 2024. Building on the progress achieved to date through the company’s continued focus on efficiency, the cost savings target announced at Investor Day in September 2024 has been raised by 50%–from $250M to $375M by the end of fiscal 2028. The company intends to use these savings as one of several levers to help offset tariff headwinds.
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