- Campbell Soup Co. sales rose 12% to $2.49 billion for the quarter ended Jan. 29.
- Prices jumped 14% while volumes slipped 2%.
- Campbell is lifting its outlook for the second quarter in a row, citing a stronger supply chain and favorable demand.
- Adjusted earnings are now projected to rise at least 3.5%, instead of 2% as previously forecast.
- Campbell received a boost during the height of the Covid-19 pandemic amid a rise in at-home cooking.
Campbell Soup Sales Rise 12%
Soup, snack maker raises outlook as supply-chain constraints ease
Dean Seal
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