0903 ET - Todd Cunfer's departure as CFO of Freshpet to become finance chief at Campbell's, could present near-term challenges for Freshpet, D.A. Davidson says in a research note, with the market inferring that any problems the company faces may run deeper than a malaise in consumer confidence. "We don't think that's the case," analysts Brian Holland and Owen Tunstill write. "Rather, we believe Mr. Cunfer simply received a bigger opportunity closer to home." Campbell's, on the other hand, will gain a CFO with a strong track record of profit improvement, balance sheet management and forecasting prowess, the analysts say. "His appointment presumably will raise speculation of an earnings reset at Campbell's," they add. (connor.hart@wsj.com)
(END) Dow Jones Newswires
October 08, 2025 09:03 ET (13:03 GMT)
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