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Campbell’s swings to loss as higher costs and softer demand weigh on sales

  • Campbell’s swung to a loss and reported lower sales in the latest quarter.
  • Campbell’s faced higher costs, margin pressure and softer demand during the quarter.
  • Chief Executive Mick Beekhuizen said Campbell’s plans greater consumer focus, sharper execution and cost reductions.

Campbell’s swung to a loss and posted lower sales in the latest quarter as higher costs pressured margins and softer demand weakened performance. Chief Executive Mick Beekhuizen said the company is taking decisive action, including greater focus on consumers, sharper execution and cost reductions to support investment in its brands.

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