Campbell Soup (CPB) Tops Q2 EPS by 6c, Raises FY EPS Guidance

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Campbell Reports Second-Quarter Results

March 4, 2020 7:30 AM EST

Campbell Raises Fiscal 2020 Adjusted Earnings Per Share (EPS) Guidance Range to $2.55 - $2.60 Net Sales were Comparable to Prior Year; Organic Net Sales Increased 1% EPS from Continuing Operations of $0.56 Decreased 3% Primarily Reflecting Loss on Extinguishment of Debt; Adjusted EPS of $0.72 Increased 11% Significant Reduction in Debt Levels Compared to Prior Year Following Successful Completion of Previously Announced Divestiture Plan

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