February 17/Camden, N.J./Associated Press -- Campbell Soup Co.’s second-quarter net income fell 14%, as it spent more on marketing and revenue edged lower.
However, the results beat expectations, as its soup business improved. The company says net income for the three months ended January 29 fell to $205 million. That compares with $239 million, or 72 cents per share, last year. Analysts expected 62 cents per share, according to FactSet.