Browsing Tag
Mick Beekhuizen
2 posts
Campbell’s cuts 13% of salaried workforce as sales fall 5%. Can $500m of savings fix the problem?
The Campbell’s Company has reduced its salaried workforce by approximately 13% as fiscal-year sales fall to $9.7 billion, launching a new $500 million savings programme while simultaneously cutting its dividend to accelerate debt reduction.
Campbell’s (CPB) edges higher on a slight beat as falling sales, a snacks slump, and tariff pressure define the quarter
Campbell's (CPB) edges higher on a slight Q3 beat as falling sales, a 32 percent snacks profit drop, and tariff pressure define the quarter. Full analysis here.