The Campbell's Co

CPB: XNAS (USA)

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Campbell Earnings: Sales Languish, but It Vows to Stay the Course as CEO Clouse Set to Stand Down

Erin Lash

Dec 4, 2024

In the fiscal first quarter, Campbell's organic sales slumped 1% and adjusted gross margins contracted 70 basis points to 31.4%. Beyond results, CEO Mark Clouse announced his retirement as he will become president of the NFL's Washington Commanders; Mick Beekhuizen is to take the helm.

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The Campbell's Co

Campbell Earnings: Sales Languish, but It Vows to Stay the Course as CEO Clouse Set to Stand Down

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