Market Overview

UPDATE: Campbell Soup Posts Drop In Q1 Profit

Share:
Related CPB
Benzinga's M&A Chatter for Tuesday June 30, 2015
UPDATE: Hearing Uncomfirmed Chatter Dorrance Family Hired Advisers To Survey Possible Sale Of Campbell Soup Co
Mondelez's Coffee Spin-Off Over; Gets Euro 3.8B, 44% Stake - Analyst Blog (Zacks)

Campbell Soup Co (NYSE: CPB) reported a drop in its first-quarter net earnings.

Campbell Soup's quarterly net profit declined to $245 million, or $0.78 per share, versus $265 million, or $0.82 per share, in the year-ago period. Excluding one-time items, it earned $0.88 per share.

Campbell Soup's sales climbed to $2.34 billion from $2.16 billion.

Campbell Soup shares closed at $36.95 yesterday.

Posted-In: profitEarnings News

 

Related Articles (CPB)

Around the Web, We're Loving...

Get Benzinga's Newsletters