The Campbell`s Co (NAS:CPB)
$ 41.64 0.22 (0.53%) Market Cap: 12.41 Bil Enterprise Value: 19.52 Bil PE Ratio: 22.75 PB Ratio: 3.23 GF Score: 72/100
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Campbell Soup Co to Acquire Sovos Brands Inc Call Transcript

Aug 07, 2023 / 12:00PM GMT
Release Date Price: $44.34 (-1.79%)
Operator

Good day, ladies and gentlemen, and welcome to the Campbell Soup Company to acquire Sovos conference call. (Operator Instructions)

I'd now like to turn the conference over to Rebecca Gardy, Chief Investor Relations Officer. Please go ahead.

Rebecca Gardy
Campbell Soup Company - Senior VP & Chief IR Officer

Good morning, and thank you for joining us on our call to announce that Campbell will acquire Sovos Brands. Before we get started, I'll touch on a few important points. First, we have posted this morning's press release announcing the planned acquisition and an accompanying presentation and fact sheet on the Investor Relations section of our website for today's discussion. A replay of today's webcast and transcript will be available at the same location. Sovos brands also issued a press release this morning announcing its second quarter results.

Moving to Slide 2. During this call, we may refer to certain non-GAAP measures. Reconciliations of these measures to the most directly comparable GAAP measure are included in the accompanying

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