People are turning to Campbell’s as they cook more at home. But they’re turning away from its snack brands. Here’s why.

The snacks division ‘has been negatively impacted by consumers cutting back on discretionary purchases, and, in our view, growing usage of GLP-1s,’ TD Cowen analysts say

Jun 3, 2025 - 20:34
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People are turning to Campbell’s as they cook more at home. But they’re turning away from its snack brands. Here’s why.
The snacks division ‘has been negatively impacted by consumers cutting back on discretionary purchases, and, in our view, growing usage of GLP-1s,’ TD Cowen analysts say