Cooking at Home Hasn't Been This Common Since 2020, Campbell's Says
1. CPB sees increased home cooking, hurting snack sales significantly. 2. Goldfish and pretzel brands reported poor performance; cookies did better. 3. Consumer sentiment is shifting towards meal preparation over snacking. 4. CPB's snack segment expected to underperform, impacting adjusted earnings outlook. 5. Other food producers reported similar declines in snack sales.