Campbell Soup Co., Camden, N.J., reported a 2 percent decline in sales to nearly $2.2 billion for the first quarter of fiscal-year 2014, which includes the three months ending Oct. 27.
Bolthouse Farms, a subsidiary of Campbell Soup Co., added Multi-V Goodness, Mango Ginger + Carrot Juice and Salted Caramel Latte drinks to its portfolio.
As consumers are encouraged by dieticians and nutritionists to reduce sugar consumption, beverage manufacturers also are heeding this call by developing juice drinks that fit the bill.
Camden, N.J.-based The Campbell Soup Co. reported a sales increase of 10 percent, with an organic sales increase of 1 percent, reaching $2.3 billion in the second quarter of the 2013 fiscal year. In addition, the company reported a 5 percent increase in adjusted earnings before interest and taxes (EBIT) including its acquisition of Bolthouse Farms.
Bolthouse Farms, a subsidiary of Camden, N.J.-based Campbell Soup Co., unveiled its new Innovation Center at its Bakersfield, Calif., headquarters. The facility is designed to accelerate new product development and enhance current Bolthouse Farms offerings across the company’s portfolio of beverages, salad dressings and fresh carrots, the company says. The Innovation Center will integrate marketing and research to create new products intended to help consumers make healthy choices, it says.
Campbell Soup Co., Camden, N.J., outlined its progress on current growth strategies and its plans to return to growth in fiscal 2013 at a meeting with investors this morning.