Market Overview

UPDATE: Campbell Soup Posts Drop In Q1 Profit

Share:
Related CPB
US Stock Futures Edge Higher Ahead Of Consumer Price Index
Campbell Soup Posts Upbeat Q3 Earnings, But Sales Drop
Food and beverage giants prep for new day (Seeking Alpha)

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...