** 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;))
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