Campbell' jindal asks for permission to build barrier islands profit fell to $168 million from $174 million and wa unchang on a per-shar basi at 49 cent as the share count drop 2.6%. Exclude the charg and other impacts,For the quarter end Mai 2. earn rose to 54 cent a share from 48 cents. Sale climb 6.9% to $1.8 billion as currenc chang ad five percentag point while volum increased.
but sale of it soup rose as the compani offer more promot to draw consumers. Campbel Soup Co.' fiscal third-quart earn fell 3.4% as the compani absorb expens relat to the U.S. health-car overhaul and other items.
sale of the company' ready-to-serv soup came under pressur as consum cut back and reach out for the cheapest item on grocery-stor shelves. To ramp up soup volumes,In recent quarters. the compani said it would begin offer more promotions.
with Campbel Soup down 3.6%,Campbell' said sale for the overal U.S. wet soup categori fell 2.7% in the 52-week period end April 18. all other brand down 4.3%, and privat label up 6.7%.
he signal that the compani will also keep us promot as needed,Campbel Chief Execut Doug Conant said on a confer call that the compani will continu to us innov and the launch of new soup offer to drive sales. However. note that Campbel need to ensur it hit "competit price points."
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