Showing posts with label soup. Show all posts
Showing posts with label soup. Show all posts

Monday, November 23, 2009

If Campbell's Costs Go Down, Why Soup Prices Going Up?


Earlier today, the Campbell Soup Company reported quarterly profits at higher-than-expected levels.  They cite two reasons for this unexpected boom to their bottom line - the cost of raw ingredients has gone down and the prices their customers pay for their finished products has gone up.  I ask, why, if Campbell's raw costs go down, why are our soup prices going up?

Oh, yeah.  It's that bulging bottom line.  Silly me.