Campbell’s Cuts Outlook as Snack Sales Fall, Flags Pressure From New Import Tariffs

Campbell's Co ⁠on ⁠Wednesday cut its annual sales and ⁠profit forecasts, and suspended share repurchases, as the packaged food maker focuses ​on reducing debt while it tackles weak demand from macroeconomic uncertainty. Shares of the company tumbled about 8% in morning trading, ‌touching their lowest level since 2003.