Campbell Soup Co.’s shares dip as profit falls and company adds cautious tone on sales guidance

Campbell Soup Co.’s stock fell 0.6% in premarket trading Wednesday after the food company’s revenue and adjusted second-quarter profit beat analyst estimates, but it said its 2024 performance is currently tracking at the low end of its sales guidance range.

Campbell Soup’s CPB net income for the three months ended Jan. 28 fell to $203 million, or 68 cents a share, from $232 million, or 77 cents a share, in the year-ago quarter.

Adjusted…