HomeMarketsEarningsCampbell Soup (CPB) Tops Earnings & Revenue Estimates, Raises FY24 Guidance

Campbell Soup (CPB) Tops Earnings & Revenue Estimates, Raises FY24 Guidance

Campbell Soup (CPB) tops earnings and revenue estimates and raises its FY24 guidance. Morningstar’s Erin Lash and Runnymede Capital Management’s Andrew Wang discuss Campbell Soup’s earnings. Lash notes that the market wasn’t enamored with wide-moat lukewarm results likely due to concerns surrounding macro and competitive pressures. Wang highlights that there has been recovery in the demand for soups and frozen meals. Tune in to find out more about the stock market today.

The Watch List

05 Jun 2024

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