Campbell Soup Company (NYSE: CPB) reported fourth quarter 2020 earnings results today.
Net sales increased 18% year-over-year to $2.11 billion. Organic net sales increased 12%, driven by favorable volume in both Meals & Beverages and Snacks.
Net earnings attributable to Campbell Soup Company was $86 million, or $0.28 per share, compared to a net loss of $8 million, or $0.03 per share, last year. Adjusted EPS increased 50% to $0.63.
For the first quarter of 2021, Campbell expects net sales to increase 5-7% year-over-year. Adjusted EPS is expected to be $0.88-0.92.
Past Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and
