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.
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Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard