The company said the lower estimate is based on the "current conditions in the food industry."
Sales of products like canned soups have fallen as shoppers opt for options that seem fresher, hurting sales of key products for Campbell Soup and its competitors. In the last few years the company bought Bolthouse Farms juices, Plum Organics baby food and salsa, hummus and dip maker Garden Fresh Gourmet, an acquisition that closed last month.
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