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Campbell Reports Third-Quarter Fiscal 2021 Results

Campbell Soup Company reported results for its third-quarter fiscal 2021 ended May 2, 2021.

CEO Comments

Mark Clouse, Campbell’s President and CEO, said, “While we recognized the third quarter would be a challenging net sales comparison to the demand surge at the onset of the COVID-19 pandemic a year ago, we faced additional headwinds. Our results were impacted by a rising inflationary environment, short-term increases in supply chain costs, and some executional pressures as we continued to advance our transformation agenda, primarily in our Snacks division. We are confident that these are all addressable, and we are taking appropriate actions, including...

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Jun 10 8:31 AM, General News



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