Campbell Soup Company (NYSE: CPB) reported third quarter 2022 earnings results today.
Net sales increased 7% year-over-year to $2.1 billion. Organic sales growth was 9%.
Net earnings attributable to Campbell Soup Company was $188 million, or $0.62 per share, compared to $160 million, or $0.52 per share, in the year-ago period. Adjusted EPS rose 37% to $0.70.
For the full year of 2022, Campbell expects net sales growth to range between flat to up 1% on a reported basis and up 1-2% on an organic basis. Adjusted EPS is expected to be $2.75-2.85.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Stock Watch: AutoZone (AZO) stays on the fast track despite cost pressures
AutoZone, Inc. (NYSE: AZO) is a much sought-after automotive parts retailer among do-it-yourself customers, especially after the virus-related movement restrictions forced people to stay indoors. The company’s stock has remained
Stock Watch: Intuitive Surgical (ISRG) remains a good bet despite slowdown
Intuitive Surgical, Inc. (NASDAQ: ISRG) is a market leader in the manufacturing and distribution of robotics-assisted surgical systems. The company’s products, designed for minimally invasive surgery, help healthcare professionals conduct procedures
WBA Stock: Why you should add Walgreens Boots to your watchlist
Drugstore chain Walgreens Boots Alliance, Inc. (NASDAQ: WBA) witnessed a spike in customer traffic in the last couple of years due to the vaccination drive and the high demand for
