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Stock impact report

Why Campbell Soup Stock Rose 2.3% in March [The Motley Fool]

The Campbell's Company (CPB) 
Last the campbell's company earnings: 3/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.campbellsoupcompany.com
Company Research Source: The Motley Fool
What happenedShares ofCampbell Soup(NYSE:CPB Global Market Intelligence^SPXYChartsGlobal markets suffered in March as concerns about the novel coronavirus pandemic weighed on stock prices, but Campbell Soup's solid earnings results and relatively crisis-resistant product offerings have helped the company's share price hold up despite the pressures. While the 00Image source: Getty Images.So whatCampbell Soup reported second-quarter earnings results before the market opened on March , delivering sales and earnings results that topped analyst expectations. Revenue for the quarter dipped roughly % year over year to come in at $.6 billion and beat the average analyst target for sales of $. billion. Non-GAAPCampbell Soup also paired its second-quarter results with a raised guidance for its full-year adjusted earnings per share. With the coronavirus pandemic causing people to stock up onconsumer staplesNow whatCampbell's stock has continued to climb in April's tradings despite negative momen Show less Read more
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