Campbell Soup (CPB) Reports In-Line Q4 EPS

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Go back to Campbell Soup (CPB) Reports In-Line Q4 EPS

Campbell Reports Fourth-Quarter Fiscal 2022 Results Provides Full-year Fiscal 2023 Guidance

September 1, 2022 7:16 AM EDT

For the fourth quarter:

Net Sales and Organic Net Sales increased 6% to $2.0 billion. Earnings Before Interest and Taxes (EBIT) decreased to $170 million. Adjusted EBIT increased 5% to $269 million. Earnings Per Share (EPS) from Continuing Operations decreased to $0.32. Adjusted EPS increased 8% to $0.56.

For the full year:

Net Sales increased 1% and Organic Net Sales increased 2% to $8.6 billion. EBIT decreased to $1.2 billion. Adjusted EBIT decreased 4% to $1.3 billion. EPS from Continuing Operations of $2.51. Adjusted EPS of $2.85 compared to $2.86 in the prior year.

CAMDEN, N.J.--(BUSINESS... More