Campbell's Q3 Earnings Report: Sales Drop 4%, Guidance Reaffirmed
Campbell's reported a 4% decline in third-quarter net sales to $2.37 billion, driven by weak consumer demand and inflationary pressures affecting both its meals and snacks segments. Despite the drop, adjusted earnings per share of $0.50 exceeded expectations.
Tickers: $CPB
Topics: adjusted earnings per share cost pressures guidance reaffirmed sales decline