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Campbell Soup quarterly profit falls 5%

Stock Markets57 minutes ago (Jun 09, 2021 07:31AM ET)

(C) Reuters. FILE PHOTO: Cans of Campbell’s Soup are displayed in a supermarket in New York City, U.S. February 15, 2017. REUTERS/Brendan McDermid/File Photo

(Reuters) – Campbell Soup (NYSE:CPB) Co reported a near 5% fall in quarterly profit on Wednesday, hurt by rising raw material and supply chain costs.

Net earnings attributable to the company fell to $160 million, or 52 cents per share, in the three months ended May 2, from $168 million, or 55 cents per share, a year earlier.

Campbell Soup quarterly profit falls 5%

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