Organic sales fall at Campbell Soup [Seeking Alpha]
Campbell Soup Company (CPB)
Last campbell soup company earnings: 3/4 07:30 am
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US:NYSE Investor Relations:
investor.campbellsoupcompany.com
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Source: Seeking Alpha
Organic sales fall at Campbell Soup Campbell Soup (NYSE: CPB FQ1 Gross margin rose 30 bps during the quarter as productivity improvements, the benefits from cost savings initiatives and the benefit of recent pricing actions partially offset cost inflation and higher promotional spending. Campbell Soup expected net proceeds of about $3B from the divestitures of Campbell Fresh, Campbell International and the European chips business to be funneled into reducing debt. Looking ahead, the company sees full-year sales growth of -1% to +1% and full-year EPS of $2.50 to $2.55 vs. $2.52 consensus. Shares of Campbell Soup are down 0.65% Previously: Campbell Soup EPS beats by $0.07, misses on revenue
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CPB
News
- Campbell to Divest Its noosa Yogurt Brand to Focus on Core Business [Yahoo! Finance]Yahoo! Finance
- Campbell to sell Noosa yogurt brand to Lakeview Farms [Yahoo! Finance]Yahoo! Finance
- Lakeview Farms Expands Into Yogurt Category with Acquisition of noosa yoghurt [Yahoo! Finance]Yahoo! Finance
- Campbell’s to Sell noosa Business to Lakeview FarmsBusiness Wire
- Gluten-Free Products Market to Grow by USD 8.36 Billion (2024-2028), Driven by Rising Awareness of Health Benefits, AI-Powered Report Explores Market Evolution - Technavio [Yahoo! Finance]Yahoo! Finance
CPB
Earnings
- 8/29/24 - Beat
CPB
Sec Filings
- 11/12/24 - Form 8-K
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- CPB's page on the SEC website