Campbell Soup Co

CPB: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$78.00	Yhm	Xpttkblw

Campbell Soup: Weathering Near-Term Volatility With Its Unwavering Commitment to Brand Investments

Erin Lash

Dec 6, 2023

Amid a weak consumer spending backdrop and an intensifying competitive landscape, wide-moat Campbell Soup eked out solid performance in its fiscal first quarter. Organic sales ticked down 1%, but this mark looks more impressive when accounting for the 15% growth it was lapping in the year-ago period (amounting to a 7% CAGR on a two-year stacked basis).

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