Kai Risdahl
π€ SpeakerAppearances Over Time
Podcast Appearances
We'll have the details when we do the numbers.
The Campbell's Company, it of soups, of course, but also home to Prego sauces, Pepperidge Farm cookies, goldfish, and Snyder's pretzels.
It reported quarterly profits today.
Net sales down 4% from the same time a year ago.
But the company did note one thing in its favor.
More people are cooking from scratch these days, or as the company puts it, semi-scratch.
Marketplace's Stephanie Hughes has that one.
McDaniel, who now lives in Northern Virginia, is doing a lot more cooking from scratch these days for her kids, her dogs.
She even makes her own horse treats.
They actually sound pretty good.
McDaniel, who's an economist, says she makes a fine wage, but her income hasn't kept pace with inflation, and she's been able to save by making things herself.
When things get tight, and we're not talking just food, we're talking right broadly, consumers, the first thing we do to seek to offset that is we move meals from out of home in home, right?
That's benefited certain Campbell's products, such as broth, tomato sauce, and some condensed soups.
Social media bragging rights.
Bloomberg Intelligence Analyst Diana Rosera-Pena says people are doing it for the gram.
I'm Stephanie Hughes for Marketplace.
We've been keeping tabs on some small businesses in Altadena for the past year and a half or so as they try to rebuild or find new leases and figure out a way forward after the Eaton fire that destroyed more than 9,000 homes and structures last January.
Last week, though, I got a look at a different way to rebuild on the residential side of things.