Advertisement

Campbell May Sell Mrs. Paul Unit: Campbell...

Campbell May Sell Mrs. Paul Unit: Campbell Soup Co.’s top two executives say the firm will take a much more aggressive stance on improving profits and hinted that it may sell its Mrs. Paul’s frozen foods business, Wall Street analysts said. “They said they are going to take a very ‘bottom-line’ approach, that they are not adverse to divesting anything that is not earning its keep and they hinted about selling Mrs. Paul’s,” said one analyst who attended a closed meeting with Campbell executives. After the meeting, the executives declined to comment on Mrs. Paul’s but said they are reviewing all operations.

Inside the business of entertainment

The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.

By continuing, you agree to our Terms of Service and our Privacy Policy.

Advertisement
Advertisement