1221 ET - Campbell's says soup consumption continues to decline, pointing to weakness for its ready-to-serve soups. However, soup products typically used as ingredients, like broth, remain a bright spot, Chief Executive Mick Beekhuizen says during a call with analysts. Campbell's is looking to shore up results in its soup business with a focus on those products, with plans to invest in a large number of items across its Campbell's, Swanson and Pacific brands, Beekhuizen says during a call with analysts. That portfolio, which represents about half of its U.S. retail soup portfolio, has been a steady growth driver for years, including about a 3.4% increase this fiscal year to date, he says.(kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
June 08, 2026 12:21 ET (16:21 GMT)
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