Campbell’s posted net sales of $2.37 billion, representing a 4% decline compared with the same period a year earlier.
The quarter’s gross profit rose 41% to US$1.55 million, with gross margin holding near 29%, reflecting higher sales volumes and the initial integration of newly acquired brands.
The new product is part of a four item lineup that also includes Maple Biscuits and Raspberry and Apple Fruit Rolls, designed to broaden Pillsbury’s refrigerated dough offerings and appeal to younger consumers seeking bolder taste experiences.
The launch comes as demand for spicy foods continues to rise across Europe, with consumers increasingly embracing sweet-and-heat flavor combinations and gourmet burger trends.
The new Subway Italian Herbs & Cheese Flavoured Lay’s® chips aim to replicate the distinctive blend of herbs, cheese, and savoury seasoning that has made the sandwich bread a long-standing customer favourite across Subway restaurants in Canada.