Campbell Soup (CPB) Reports In-Line Q4 EPS
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Campbell Reports Fourth-Quarter Fiscal 2023 Results; Provides Full-Year Fiscal 2024 Guidance
August 31, 2023 7:15 AM EDTFor the fourth quarter:
Net Sales increased to $2.1 billion. Organic Net Sales increased 5%. Earnings Before Interest and Taxes (EBIT) increased to $272 million. Adjusted EBIT decreased 10% to $242 million. Earnings Per Share (EPS) increased to $0.57. Adjusted EPS decreased 11% to $0.50.ÂFor the full year:
Net Sales increased to $9.4 billion. Organic Net Sales increased 10%. EBIT increased to $1.3 billion. Adjusted EBIT increased 5% to $1.4 billion. EPS increased to $2.85. Adjusted EPS increased 5% to $3.00. Returned $589 million to shareholders, including $447 million in dividends. Sovos... More