Campbell Soup sells noosa yoghurt business to Lakeview Farms; $177M LTM sales

CAMPBELL'S Co

Campbell agreed to sell noosa yoghurt business to Lakeview Farms; terms not disclosed.
noosa generated $177M net sales in last 12 months ending October 2024.
Closing expected in Q1 2025; no material impact on FY2025, ~$0.01 EPS dilutive.
Campbell acquired noosa in March 2024 via Sovos Brands; yogurt not core to strategy.

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