Campbell Soup Company (NYSE: CPB) reported first-quarter 2022 earnings results today.
Net sales decreased 4% year-over-year to $2.23 billion.
Net profit decreased to $261 million, while EPS fell 16% to $0.86. Adjusted EPS decreased 12% to $0.89.
When online platforms thrived on the unusually strong traffic growth during the shutdown, as home-bound people turned to video-streaming and gaming sites, there was speculation that the trend might reverse
Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ:
Netflix, Inc. (NASDAQ: NFLX) Thursday said it added 8.3 million paid members in the December quarter. Revenues increased and matched estimates, aided by the relaxation of COVID restrictions and resumption