Monday, November 23, 2009
Cambell Earnings Rise
Eventhough soup sales have been in a decline, Cambell soups have seen an increase. Their first quarter earnings rose 17%. One reason for this recent increase is due to lower costs. Cambell had to figur out a way to overcome the rise is ingriedent prices, so they also increased the efficiency in its supply chain. They expect to keep seeing rises in their earnings as the soup market gets more intense.
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This is a good post. It's nice to see that the economy is on the rebound. Inflation is down, which is a plus. Overall this is a great post.
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