In its Q3 earnings presentation yesterday, the Campbell’s Soup Company reported that organic net sales increased 17% year-over-year to $2.2 billion over the quarter. Looking ahead, CEO Mark Clouse outlined four trends expected to stick: “quick scratch cooking,” accelerated use of click-and-collect and home delivery, center store’s increased relevance and value.
The founders of clean-label seafood company Safe Catch are betting on transparency, both in packaging and ingredient origin. The company has launched a new brand, Safe Harvest, offering a slate of soups made with clean ingredients and packed in reusable glass jars.
Earlier this month Campbell’s had its third quarter earnings call and investor day, providing insight into the company’s plans to tap into trends like plant-based eating, bone broth and rising consumer interest in cooking and clean ingredients.
Kettle Cuisine, a New England-based producer of refrigerated and frozen, natural soups, sauces and entrees, announced this week its acquisition of Harry’s Fresh Foods, an Oregon-based custom food manufacturing company.
The soup franchise and producer made famous by the TV series “Seinfeld” wants to make sure they never have to say “no soup for you” to consumers again. And with a new executive team, president Joseph Hagan believes he won’t have to.
Asian-inspired food brand Nona Lim announced Monday the closing of a $3 million round of funding. Led by Harbinger Ventures, the round also included Echo Capital Group, Navama & Kouffman LCC, CircleUp and Cambridge Companies SPG as investors
Tio Gazpacho, the leader in the drinkable soup category, and Michelin-starred chef José Andrés along with his company, ThinkFoodGroup, are excited to announce a brand-new product to be sold at Beefsteak, his fast casual concept. This new product, Beefsteak by Tio Gazpacho, is an extension of the Tio Gazpacho brand and will be available at all DC area locations as well as Philadelphia.
The certified organic, cold-pressed juice and clean food company launched its first line of vegan bottled soups, chickpea kale and spiced carrot, in December.
Bone broth brand Bare Bones announced that it has signed Wegmans as its first national retailer. The deal will take Bare Bones into 70 of the retailer’s stores, instantly doubling the brand’s distribution and expanding its retail footprint to the East Coast.
Only a day before one of the busiest grocery shopping times of the year, Campbell Soup Company held its 2017 Q1 earnings call.