Campbell's CEO Serves Up Warning For Restaurants As "Resilient" At-Home Cooking Trend Gains Steam
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Source: Zero Hedge
Published: 2026-06-09 07:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Financial Markets, Tax & Budget, Food & Agriculture
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Snippet:
There is not much to get excited about in canned-soup maker Campbell's third-quarter results, with sales slumping and softness in its snack unit weighing on performance. But one revealing detail from management's earnings call earlier on Monday offers a broader read-through on the consumer: households may be spending much more time cooking at home and pulling back from restaurants in the second half of the year.
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