Campbell Soup beats sales and profit estimates
Campbell Soup Co. said Tuesday it had net income of $292 million, or 94 cents a share, in its first fiscal quarter to Oct. 30, up from $194 million, or 62 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.00, ahead of the FactSet consensus of 95 cents. Sales edged down to $2.202 billion from $2.203 billion, but were also ahead of the FactSet consensus of $2.198 billion. "As expected, organic sales were down slightly compared to the prior year, due to the performance... Читать дальше...
