Why Campbell’s Soup Stock Is Falling After Earnings Beat Expectations - Barron's
1. Campbell's reported a sales miss and cut fiscal-year earnings outlook. 2. Net sales of $2.69 billion fell short of $2.74 billion expectation. 3. Adjusted earnings fell by 8% due to higher expenses, despite a 9% sales increase. 4. CEO warns tariffs could impact costs and pricing strategies. 5. Cost-saving initiatives aim to alleviate earnings pressures with $65 million savings achieved.