The Campbell’s Company is collaborating with Italian suppliers, including La Regina di San Marzano USA, to mitigate the impact of tariffs on its Rao’s premium pasta sauce and related products, as stated by CFO Carrie Anderson. The company’s strategy includes managing inventory, seeking alternative sourcing, optimizing costs, and possibly adjusting prices. They anticipate an increase of $0.03 to $0.05 per share in tariff-related costs for fiscal 2025. The uncertainty surrounding tariffs complicates predictions for future financial impacts, particularly as the trade landscape evolves.

Source: https://www.supplychaindive.com/news/campbells-suppliers-tariff-costs/750298/