Business

Market Movers

Campbell Soup stock falls after earnings loss

Denise Morrison is CEO of the world’s largest soup maker.

Sam Craft / Paris News via Associated Press

Denise Morrison is CEO of the world’s largest soup maker.

Advertisement

Campbell Soup Co. posted a quarterly loss of $158 million, or 50 cents per share, stung by a charge related to the potential sale of its European simple meals business. Its stock fell $1.38 to $43.33 Thursday. Earnings adjusted for the charge and other unusual items topped Wall Street estimates, but revenue missed expectations. It was up 20 percent to $1.82 billion, but Wall Street expected $1.84 billion.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com