Economy May Be Rotten, but It's Ripe for Package Food

Campbell Soup's sales rose 13% in the most recent quarter, a phenomenon CEO Douglas Conant said was aided partly by strapped consumers embracing condensed soup as an inexpensive meal alternative. Kellogg Co.'s second-quarter sales climbed 11% to $3.3 billion, a rise CEO David Mackay told analysts was due to "a reduction [by consumers] in out-of-home consumption."

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