Campbell Falls on Revenue Miss, Weaker Sales Forecast By Investing.com
By Dhirendra Tripathi Campbell Soup (NYSE:CPB) shares fell 2.5%, to $45.77, in premarket trading on Wednesday after warning that net sales would fall this year as Covid-19 vaccinations spread and customers return to restaurants rather than pantry stocking. Second quarter revenue of $2.28 billion fell short of expectations. Analysts tracked by Investing.com forecast sales of $2.3 billion. Campbell sales...
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