Stable Market Share in Leadership Brands
The company's leadership brands, which represent about 90% of enterprise net sales, maintained stable market share despite challenges, with consumption down just 1%.
Growth in Broth and Italian Sauces
Broth consumption grew for the ninth straight quarter with Swanson posting six consecutive quarters of millennial buy rate gains. Rao's Italian sauces saw growth in both dollar and volume share, maintaining its position as the number one brand in the category.
Strategic Acquisition in Italian Sauces
Campbell's announced a strategic acquisition of a 49% interest in La Regina, a key partner in producing Rao's tomato-based pasta sauces, expected to be EPS neutral in fiscal 2026 and improve margins for the Rao's brand.