Campbell sells secret pop store to us at home

Campbell Soup Company (NASDAQ:CPB) today announced the completion of the sale of its Pop Secret popcorn business to Our Home, an independent better-for-you snack company. Terms of the transaction were not disclosed.

The Pop Secret business generated net sales of approximately $120 million in fiscal 2024. The transaction is expected to be approximately $0.04 dilutive to Campbell’s earnings per share in fiscal 2025, reflecting the timing of a transition agreement for services and cost measures.