Campbell Soup (CPB) Misses Q3 EPS by 5c, Updates FY Guidance

Campbell Reports Third-Quarter Results

May 19, 2017 7:15 AM EDT

Net Sales and Organic Sales Decreased 1 Percent Earnings Before Interest and Taxes (EBIT) Increased 11 Percent, Adjusted EBIT Decreased 2 Percent Earnings Per Share (EPS) Decreased 2 Percent to $0.58, Adjusted EPS Decreased 9 Percent to $0.59 Reflecting Higher Adjusted Tax Rate Campbell Revises Fiscal 2017 Guidance

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) today reported its third-quarter results for fiscal 2017.

   

Three Months Ended

Nine Months Ended

($ in millions, except per share)

Apr. 30,2017

 

May 1,2016

 

%Change

Apr. 30,2017

 

May 1,2016

 

%Change

Net Sales

As Reported (GAAP) $1,853 $1,870 (1)% $6,226 $6,274 (1)% Organic (1)%... More