While reporting fourth-quarter results on Thursday, Campbell Soup Company (CPB) issued fiscal 2023 guidance reflecting the expectation for continued elevated consumer demand for its brand portfolio. The company expects sales growth in both divisions. From continuing operations, the company projects adjusted EPS in a range of $2.85 to $2.95. Organic net sales is projected to increase in a range of 4% to 6%. Campbell noted that it remains on track to deliver savings of $1 billion by the end of fiscal 2025.
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