Campbell May Sell Mrs. Paul Unit: Campbell...
Campbell May Sell Mrs. Paul Unit: Campbell Soup Co.’s top two executives say the firm will take a much more aggressive stance on improving profits and hinted that it may sell its Mrs. Paul’s frozen foods business, Wall Street analysts said. “They said they are going to take a very ‘bottom-line’ approach, that they are not adverse to divesting anything that is not earning its keep and they hinted about selling Mrs. Paul’s,” said one analyst who attended a closed meeting with Campbell executives. After the meeting, the executives declined to comment on Mrs. Paul’s but said they are reviewing all operations.
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