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0.000468384074941359 0.00163934426229509 -0.00199063231850119 0.00245901639344255 0.00210772833723645 0.018735362997658 0.00772833723653392 0.000234192037470679
Stock impact report

Campbell's downgrades 2025 sales and profit guidance [Yahoo! Finance]

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: Yahoo! Finance
Mick Beekhuizen, who took over as CEO at the start of February from Mark Clouse, said Campbell's "second-quarter earnings were in line with our expectations despite the dynamic operating environment". However, he added in the results announcement yesterday (5 March): “Given the softness in some of our snacking categories, the anticipated sequential top-line improvement did not materialise during the quarter, and we now have a more muted second-half expectation.” The maker of Snyder's of Hanover snacks now projects full-year reported net sales growth of 6% to 8%, down from the 9% to 11% forecast provided last August and reaffirmed at the first-quarter results stage in December. Organic net sales are expected to be flat to down 2%, compared to up 2% to flat previously. For the second quarter ended 26 January, the company reported group net sales increased 9% to $2.7bn, driven by the Sovos Brands acquisition However, organic net sales decreased 2% to $2.4bn due to net price re Show less Read more
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