Campbell’s soup rescue efforts fall flat
date:May 20, 2014
sales remained comparable to a strong year-ago quarter, as double-digit growth in broth offset declines in condensed and ready-to-serve soups.

U.S. Sauces sales increased 25% from the year-ago quarter, reflecting the acquisition of Plum Organics and gains in Prego pasta sauces, new Campbells dinner sauces and Pace Mexican sauces.

I feel that our Simple Meals business remained competitive in the third quarter, despite falling short of our top-line expectations in soup, Ms. Morrison said.

Sales
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