I know you gotta pay the bills, BUT, every new page I gotta look at ads for soup.
I've got ADD, please stop.
I know you gotta pay the bills, BUT, every new page I gotta look at ads for soup.
I've got ADD, please stop.
New York (AFP) – The Campbell Soup Company, purveyor of iconic brands once immortalized by pop artist Andy Warhol, fell sharply on Wall Street Friday after the surprise departure of its CEO.
Shares in the company nosedived 12.4 percent to close at $34.37 after the company announced a strategic re-think and the immediate retirement of CEO Denise Morrison amid a three-year sales slump.
Campbell’s share price has fallen by nearly half since a peak in mid-2016.
Morrison’s exit after seven years at the helm of the troubled company thins even further the ranks of women leaders of companies on the S&P 500.
The company has also pointed to President Donald Trump’s tariffs on steel and aluminum as a source of woes, driving up the cost of its iconic cans.
Those ads are mmm mmm good.