Search results
Results from the WOW.Com Content Network
Rao's parent company, which went public in 2021, will join a Campbell sauce portfolio that consists of the lower-priced Prego pasta sauce and Swanson broths. The company posted $878.4 million in ...
Rao's pasta sauce originated from the 1896 opening of the infamous Rao's restaurant in New York City. As the restaurant's popularity grew to the point where reservations were tough to come by, the ...
Rao's parent company, which went public in 2021, will join a sauce portfolio that includes lower-priced Prego pasta sauce and Swanson broths. Sovos posted $1 billion in sales last year, up 25% ...
Rao's Homemade was 69 percent of Sovos' adjusted net sales in 2022, and its net sales in 2022 were 34.9% more than those in 2021. [2] Lachman said Sovos has done well during the current inflationary period; consumers have bought more consumer products as opposed to dining out. [3]
Campbell Soup is set to buy Sovos Brands, the maker of Rao’s pasta sauces. In a Monday announcement, the two companies said they had entered an agreement for Campbell's to acquire Sovos for $23 ...
CAMDEN - Campbell Soup Co. has completed its $2.7 billion acquisition of Sovos Brands Inc., the producer of Rao's pasta sauce. The all-cash purchase offers "a substantial runway for sustained ...
Campbell announced Monday that it would acquire Sovos Brands, maker of the popular Italian food brands like Rao’s sauces and Michael Angelo’s frozen entrees, as well as noosa yogurt, in a deal ...
Campbell also recently bought Sovos Brands, maker of popular Italian food brands like Rao’s sauces. “This subtle yet important change retains the company’s iconic name recognition ...