date:Sep 09, 2014
Campbell Soup Co., facing sluggish consumer spending and shrinking demand for soup, provided a 2015 profit forecast that was less than analysts had estimated, sending the shares down the most in five weeks.
Excluding items some items, earnings will be $2.45 to $2.50 a share, the Camden, New Jersey-based company said in a statement on Monday. That was less than the $2.58 average of analyst estimates compiled by Bloomberg. The shares fell 2.6 per cent to close at $43.39, their biggest one-day dro