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Campbell Soup Company (NYSE: CPB) reported third quarter 2022 earnings results today.
Net sales increased 7% year-over-year to $2.1 billion. Organic sales growth was 9%.
Net earnings attributable to Campbell Soup Company was $188 million, or $0.62 per share, compared to $160 million, or $0.52 per share, in the year-ago period. Adjusted EPS rose 37% to $0.70.
For the full year of 2022, Campbell expects net sales growth to range between flat to up 1% on a reported basis and up 1-2% on an organic basis. Adjusted EPS is expected to be $2.75-2.85.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Shares of the JM Smucker Co. (NYSE: SJM) were up 5.3% on Tuesday after the company delivered better-than-expected results for the fourth quarter of 2022. However, the consumer foods manufacturer
Snowflake Inc. (NYSE: SNOW) has been successful in leveraging tailwinds from the mass adoption of digital technology in recent months, with the high revenue retention rate accelerating the company’s topline
The J.M. Smucker Co. (NYSE: SJM) reported fourth quarter 2022 earnings results today. Net sales increased 6% year-over-year to $2.03 billion. Net income increased 37% to $202.1 million while EPS rose
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