Posted on

Campbell’s U.S. Soup Sales Dip

Campbell Soup Co. sold fewer of its namesake products in the U.S. in the latest quarter, wiping out gains in its growing snacks division.

The Camden, N.J.-based food maker said Wednesday that the late timing of this year’s Thanksgiving holiday, after the end of its latest quarter, pushed a reliable demand boost outside the period. But Campbell has also lost space for some of its soups on store shelves after years of sales declines. Its U.S. soup sales fell 3% for the quarter.