** Shares of packaged foods maker Campbell's CPB.N down 3.36% at $44 in premarket trade
** Co misses Q1 net sales expectations after market close on Tuesday on choppy demand
** Posts Q1 net sales of $2.77 bln vs. analysts' expectations of $2.80 bln- data compiled by LSEG
** However, reports Q1 adjusted eps of 89 cents vs. estimates of 87 cents helped by cost-savings efforts and supply chain improvements
** Brokerage Jefferies notes the snacks segment's 2% fall in organic net sales implies it's now the weak spot
** Co also names insider Mick Beekhuizen as new CEO, effective Feb. 1, 2025, replacing Mark Clouse, co's CEO for six years
** Brokerage TD Cowen says Clouse leaves the business on strong footing and that Beekhuizen is a good pick
** Also notes the next four years will pose challenges, citing uncertainties regarding President Trump's Make America Healthy Again initiative, consumer sensitivity to inflation, and changes in consumer preferences
** Up to Tuesday's close, stock has risen 5.3% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。