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Soup maker sticks with its 2014 forecast

The soup maker said simple meal sales rose 7 percent.
Associated Press
The soup maker said simple meal sales rose 7 percent.

Campbell Soup Co. said its second-quarter profit and revenue came in above Wall Street expectations. The Camden, N.J.-based company also stood by its 2014 forecasts for sales and earnings growth. It posted earnings from continuing operations, for the quarter ended Jan. 26, of $235 million, or 74 cents per share, compared with $171 million, or 54 cents per share, in the previous year. CEO Denise Morrison cited growth in its US simple meals and soup sales for the increase.

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