CAMDEN, N.J. – The Campbell Soup Co. garnered $2.7 billion in net sales during the first quarter of its fiscal 2019, a 25% jump from its fourth quarter in 2018. This boost reflected Campbell’s acquisition of Snyder’s-Lance Inc. in March 2018, said Anthony DiSilvestro, senior vice president and CFO of Campbell, during the company’s first-quarter earnings call on Nov. 20.
“Snyder's-Lance sales performance was in line with our expectations, with the core brands achieving sales growth as measured by consumer takeaway,” DiSilvestro said. “Segment operating earnings increased 32% to $154 million, reflecting a 45-point benefit from the acquisition of Snyder's-Lance.”
Here are three snacking highlights from Campbell’s first-quarter 2019 …