Reported 6 months ago
Campbell Soup CEO Mark Clouse discusses how the inflationary environment, especially related to car insurance, is affecting the snacks business. Inflation is causing consumers to be cautious at supermarkets, leading to decreased volumes for snack companies like Campbell Soup, PepsiCo, and Conagra Brands. Despite the challenges, there is optimism for increased snack demand as we move into the summer season.
Source: YAHOO