Campbell Soup Co. Anticipates Recovery

In a time when everyone is looking for signs that the economy may be approaching greener pastures, Campbell Soup Co. has stated that it expects the economy to become more normal and stable soon. However, the end of tough times may also harm Campbell in the long run, a company that has traditionally benefited from weak economies by specializing in a value product.
 
Campbell, the world’s largest soupmaker, has reported $69 million in earnings for the quarter ended August 2, a significant decline from the $89 million the company pulled in a year ago. All in all, though, Campbell managed to …read more