Campbell's Stock Drops on Weak Quarterly Sales, Full-Year Outlook Cut
1. Campbell's posted a 2% decline in second-quarter net sales. 2. Adjusted EPS fell 8% to $0.74 amid soft snack demand. 3. Full-year net sales outlook downgraded to down 2% to flat. 4. Previous EPS forecast projected a modest increase for 2025. 5. CEO highlights softer categories leading to weak half expectations.