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Reported and Organic Net Sales increased 5% led by favorable net price realization. Reported Earnings Before Interest and Taxes decreased 14% to $254 million. Adjusted EBIT decreased 2% to $313... | June 7, 2023
(Reuters) -Campbell Soup shares dropped as much as 9% on Wednesday, after the company disappointed investors by maintaining its full-year forecasts for sales and profit despite beating quarterly earnings. | 12:09pm
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Campbell Soup shares sank after its full-year profit outlook was short of estimates and volumes declined as the company raised prices.
(Reuters) -Campbell Soup shares dropped as much as 9% on Wednesday, after the company disappointed investors by maintaining its full-year forecasts for sales and profit despite beating quarterly earnings. | 12:09pm
Campbell Soup beat Wall Street estimates for third-quarter profit on Wednesday as the maker of Pepperidge Farm cookies benefited from several quarters worth of...