Popular canned soup and other pantry goods like Goldfish crackers from the Campbell doing so hot on the stock market.
The company’s stock is at its lowest in 30 years, having dropped 19% after a March earnings report, Yahoo Finance reported.
Campbell’s sales dropped 5% year over year to $2.56 billion in the first quarter of 2026. Analysts expected earnings per share to be 57 cents, but it dropped 31% to 51 cents.
Food companies as a whole have struggled.
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General Mills, Conagra and McCormick have all reported stock declines from the first quarter of 2025 to this year, of 21%, 24% and 26%, respectively.
