The Campbell's Co

CPB: XNAS (USA)
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Campbell's Earnings: Despite a Chilling Outlook, Sound Investments Should Steady Its Prognosis

Campbell's ended the year on a dire note, with organic sales down 3% in the fourth quarter, as 2% higher prices were offset by a downdraft in volumes and unfavorable mix. Adjusted gross margin contracted 90 basis points to 30.5% on the heels of cost inflation, inclusive of tariffs.

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