Campbell’s (CPB) Turnaround Bid Faces a Tough Test as Costs and Weak Demand Persist

The Campbell’s Company (NASDAQ:CPB) is taking aggressive steps to turn around its fortunes, but the food company faces a difficult test. It’s whether the $500 million cost-savings plan can rebuild margins and earnings as weak demand continues to pressure sales. The company has already cut more than 550 jobs and closed two snack plants as […]