U.S. markets close in 1 hour 31 minutes
  • S&P 500

    4,230.06
    -53.68 (-1.25%)
     
  • Dow 30

    33,723.64
    -275.40 (-0.81%)
     
  • Nasdaq

    12,703.39
    -261.96 (-2.02%)
     
  • Russell 2000

    1,958.05
    -42.68 (-2.13%)
     
  • Crude Oil

    90.29
    -0.21 (-0.23%)
     
  • Gold

    1,762.30
    -8.90 (-0.50%)
     
  • Silver

    19.00
    -0.46 (-2.36%)
     
  • EUR/USD

    1.0044
    -0.0048 (-0.47%)
     
  • 10-Yr Bond

    2.9780
    +0.0980 (+3.40%)
     
  • GBP/USD

    1.1823
    -0.0110 (-0.92%)
     
  • USD/JPY

    136.7970
    +0.9350 (+0.69%)
     
  • BTC-USD

    21,372.87
    -1,926.99 (-8.27%)
     
  • CMC Crypto 200

    507.82
    -33.78 (-6.24%)
     
  • FTSE 100

    7,550.37
    +8.52 (+0.11%)
     
  • Nikkei 225

    28,930.33
    -11.77 (-0.04%)
     

Campbell Soup Is Dealing With Inflation by Hiking Prices. Its Stock Is Jumping.

·2 min read
Campbell Soup Is Dealing With Inflation by Hiking Prices. Its Stock Is Jumping.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Campbell Soup raised its financial forecasts Wednesday, as higher prices and better supply-chain conditions lifted quarterly sales for its ready-to-serve soups. Campbell delivered 70 cents a share in adjusted earnings for the quarter ended in April, higher than analysts’ predictions of 61 cents. For the full fiscal year ending in July, the company reiterated its adjusted earnings per share guidance of $2.75 to $2.85.