Campbell Soup shares are trading lower following a Q4 revenue miss and soft FY25 guidance.
Portfolio Pulse from Benzinga Newsdesk
Campbell Soup's shares are declining due to a Q4 revenue miss and weak FY25 guidance.
August 29, 2024 | 11:45 am
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Campbell Soup's shares are trading lower after the company reported a Q4 revenue miss and provided soft guidance for FY25.
The decline in Campbell Soup's share price is directly linked to the company's underperformance in Q4 revenue and the issuance of a weak FY25 guidance. This suggests potential challenges in the company's future financial performance, leading to a negative short-term impact on the stock price.
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