Campbell Feels the Heat as Baby Boomers Seek Cheaper Soup Options

Posted on the 01 September 2022 by Phil's Stock World @philstockworld

Sept 1 (Reuters) - Campbell Soup Co (CPB.N) warned on Thursday of a bigger pinch for consumers in the coming year from recent price rises and said its older customers were seeking cheaper store-brand options over its soups and broths amid a rise in cost of living. Shares of the more than ...

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