Campbell's earnings: Shipment timing gave big boost to snack brand
The Campbell's Company (CPB) — the food brand known for its various canned soups and snacks — posted its fiscal third quarter earnings results Monday morning, topping Wall Street estimates on the top and bottom line.
BofA Securities Food & Beverage Analyst Peter Galbo — who has an Underperform rating and a $37 per share price target on Campbell's stock — comes on The Morning Brief to talk more about Campbell's product pricing and the state of the US consumer.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
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