Campbell Soup Company (NYSE: CPB) reported second quarter 2023 earnings results today.
Net sales increased 12% year-over-year to $2.48 billion. Organic sales rose 13%.
Net earnings attributable to Campbell Soup Company were $232 million, or $0.77 per share, compared to $212 million, or $0.70 per share, last year. Adjusted EPS grew 16% YoY to $0.80.
Both the top and bottom line numbers beat expectations.
For the full year of 2023, the company expects organic net sales growth of 8.5-10% and adjusted EPS of $2.95-3.00.
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