Campbell Soup (CPB) Tops Q2 EPS by 7c; Guides FY16 EPS Midpoint Below Views

Campbell Reports Second-Quarter Results

February 25, 2016 7:15 AM EST

Sales Decreased 1 Percent, Organic Sales Comparable to Prior Year Adjusted Earnings Before Interest and Taxes (EBIT) Increased 26 Percent Adjusted Earnings Per Share (EPS) of $0.87 Increased 23 Percent As Reported EBIT Increased 23 Percent, As Reported EPS of $0.85 Increased 20 Percent

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) today reported its second-quarter results for fiscal 2016.

       

Three Months Ended

Six Months Ended

($ in millions, except per share)

Jan. 31, 2016

   

Feb. 1, 2015

   

% Change

Jan. 31, 2016

   

Feb. 1, 2015

   

% Change

Net Sales

As Reported (GAAP) $2,201 $2,234 (1)% $4,404 $4,489 (2)% Organic - % -%

Earnings Before Interest and Taxes

... More