Campbell Soup’s Upcoming Q2 Earnings Preview
<p>Deutsche Bank analysts provided their views on <a href='https://financialmodelingprep.com/financial-summary/CPB'>Campbell Soup Company (NYSE:CPB)</a> ahead of the upcoming Q2 earnings announcement on March 8.</p>
<p>According to the analysts, top-line momentum continues to be supported by favorable consumption trends, supply and retailer inventory recovery, and incremental category trade-in. The analysts anticipate a top-line beat in Q2. However, they noted that private label share gains are worth monitoring and they expect some sequential deceleration in food service demand (even if the recovery in that channel should remain additive to overall growth in the near term). </p>
<p>Below the revenue line, the analysts expect strong pricing and ongoing productivity to be favorable to gross margins, despite likely volume deleverage and lingering inflation.</p>

NYSE:CPB