Campbell Soup (CPB) Tops Q4 EPS by 3c, Revenues Beat; Provides 1Q EPS Guidance

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Go back to Campbell Soup (CPB) Tops Q4 EPS by 3c, Revenues Beat; Provides 1Q EPS Guidance

Campbell Reports Fourth-Quarter and Full-Year Fiscal 2020 Results

September 3, 2020 7:00 AM EDT

Fourth-quarter Net Sales increased 18%; Organic Net Sales increased 12% reflecting continued increased demand for our products Fourth-quarter Earnings Per Share (EPS) from Continuing Operations of $0.28 increased from a loss of $0.02; Adjusted EPS of $0.63 increased 50% Full-year Net Sales and Organic Net Sales increased 7% and EPS from Continuing Operations of $1.95 increased 24%; Adjusted EPS of $2.95 increased 28% Given the uncertain operating environment due to the COVID-19 pandemic, the Company is providing guidance limited to the first quarter of fiscal 2021

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE:... More