date:Nov 21, 2013
e in operating earnings was primarily due to lower volumes, the company says.
Im disappointed in Campbells first-quarter performance, said Denise Morrison, Campbells president and chief executive officer, in a statement. We are confident in our plans to improve our performance in the remaining three quarters. Given our slow start to the year, we are lowering our fiscal 2014 guidance.
In fiscal-year 2014, Campbell now expects continuing operations to grow sales by 4 to 5 percent, adjusted earni