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The Fed says inflation is transitory, but these 10 companies have already said they'll pass along rising costs to customers

Recent data showed consumer prices jumped 5% on a year-over-year basis in May, stoking the ongoing debate over inflation. ....

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"The Transitory Scam" - Ten Companies Warn About Passing Along Rising Costs To Consumers

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Campbell Soup Co.: "The name of the game for '22 is going to be remain pretty agile and nimble"

Campbell Soup Co. executives were braced for a tough third quarter as vaccinated consumers began eating at home less just as the company cycled past the peak pantry stocking phase of the pandemic from a year ago, but even they appeared surprised by how difficult the period was. ....

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Consumer Shares Fall as Traders Await Inflation Data -- Consumer Roundup

Shares of retailers and other consumer companies were lower as traders await fresh data on inflation due Thursday morning. The National Retail Federation said Wednesday it expects retail sales. ....

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Campbell Soup lowers annual profit forecast as costs rise

2 Min Read
(Reuters) -Campbell Soup Co on Wednesday slashed its forecast for annual earnings after the company’s quarterly results fell short of estimates, hurt by higher costs related to raw materials and transportation.
FILE PHOTO: Cans of Campbell s Soup are displayed in a supermarket in New York City, U.S. February 15, 2017. REUTERS/Brendan McDermid/File Photo
The canned soupmaker’s shares fell about 6% to $46.30.
Campbell, known for Swanson broth, Prego pasta sauces and Pepperidge Farm cookies, expects higher costs to hurt margins even as it plans price hikes for later this year.
Shipping logjams globally and surging demand on the back of a resurgent U.S. economy have led food manufacturers to sacrifice their profit margin as costs rose for items across the board. ....

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