Source: http://www.boston.com/business/markets/articles/2011/02/19/discounts_hurt_campbells_bottom_line
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Tuesday, February 22, 2011
Discounts hurt Campbell?s bottom line
Campbell Soup Co. sold more cans of soup in its fiscal second quarter, but at such deep discounts it drove down the company?s profit. The quarterly decline was expected, but it came with some other bad news from the food maker. The outlook for the rest of the year is cloudy enough that Campbell lowered its full-year earnings and revenue ...
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