Campbell Soup Company Misses Fiscal Q3 Estimates

Campbell Soup Company Misses Fiscal Q3 Estimates

Campbell Soup Company reported fiscal Q3 EPS of $0.59, versus $0.65 last year, missing the $0.64 Capital IQ estimate. Revenue for the quarter, which ended April 30, was $1.85 billion, as compared to $1.87 billion for the year-ago period. This also fell short of the consensus, which was for revenue of $1.87 billion. Citing headwinds including weak consumer spending and significant consumption declines industry-wide, the company has revised its fiscal […]

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