date:Aug 29, 2013
ed the business also has been eroded by inflation in the cost of raw materials and higher merchandising expenses as Campbell looks to maintain competitiveness in the category.
We know we have a lot of work to do to stabilize our V8 business, he said. We will rebuild it, through disciplined focus on the drivers of demand, continued expansion in the growth segments in the category, and relentless attention to cost management. We fully expect to improve both top- and bottom-line results in U.S. b