Campbell Soup (CPB) Misses Q1 EPS by 5c, Trims Guidance

Campbell Reports First-Quarter Results

November 21, 2017 7:15 AM EST

Net Sales and Organic Sales Decreased 2 Percent Earnings Before Interest and Taxes (EBIT) Decreased 10 Percent; Adjusted EBIT Decreased 14 Percent Earnings Per Share (EPS) Decreased 3 Percent to $0.91; Adjusted EPS Decreased 8 Percent to $0.92, reflecting the benefit of a lower adjusted tax rate Campbell Updates Fiscal 2018 Guidance

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) today reported its first-quarter results for fiscal 2018.

   

Three Months Ended

($ in millions, except per share)

       

 

Oct. 29, 2017

Oct. 30, 2016

% Change

Net Sales

As Reported (GAAP) $2,161 $2,202 (2)% Organic (2)%... More