(Reuters) -Campbell's Co lowered its annual sales and profit forecasts on Wednesday, signaling weak demand for snacks and intense competition from cheaper private-label brands, sending the company's ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
The Campbell's Company's organic growth has turned from slow to negative, accelerated by a slow snacks segment. The surge in GLP-1 drug usage is pressuring industry-wide snack sales. The Q3 report is ...