** Shares of packaged food company Campbell's Co CPB.O down 5.28% at $38.20 premarket
** Company lowers its annual sales growth forecast range to 6%-8%, from 9%-11%
** Also lowers annual adjusted EPS forecast to between $2.95 and $3.05, from prior $3.12 to $3.22
** Cuts adjusted annual EBIT forecast range to up 3%-5% from prior range of up 9%-11%
** "Anticipated sequential top-line improvement did not materialize during the quarter, and we now have a more muted second half expectation. As a result, we are updating our full-year guidance" - CEO Mick Beekhuizen
** CPB stock had fallen 3.7% YTD as of last close
(Reporting by Aamir Sohail in Bengaluru)
((Aamir.Sohail@thomsonreuters.com;))
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