Tags: Campbell | soup | profit | broth

Campbell Soup's Adjusted Profit Beats on Acquisitions, Higher Sales

Thursday, 29 Aug 2013 07:53 AM

Campbell Soup Co. reported a 9 percent rise in adjusted profit, helped by acquisitions and strengthening U.S sales of condensed soups and broth.

The world's largest soup maker's adjusted earnings rose to $142 million, or 45 cents per share in the quarter ended July 28, from $130 million, or 41 cents per share, a year earlier.

Sales rose 13 percent to $1.72 billion.

Analysts on average had expected adjusted earnings of 42 cents per share on revenue of $1.84 billion, according to Thomson Reuters I/B/E/S.

© 2017 Thomson/Reuters. All rights reserved.

 
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Campbell Soup Co. reported a 9 percent rise in adjusted profit, helped by acquisitions and strengthening U.S sales of condensed soups and broth.
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2013-53-29
Thursday, 29 Aug 2013 07:53 AM
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