Campbell Soup Company (CPB) reported decent second-quarter fiscal 2024 results, with the top and the bottom line surpassing the Zacks Consensus Estimate. However, net sales declined year over year while earnings remained unchanged. Management reaffirmed fiscal 2024 outlook. The company expects to conclude acquisition of Sovos Brands, Inc. in March 2024.Quarterly HighlightsAdjusted earnings came in at 80 cents, in line with the year-ago quarter’s figure. The bottom line came ahead of the Zacks Consensus Esti ...

Campbell Soup Company (NYSE:CPB) Q2 2024 Earnings Call Transcript March 6, 2024 8:00 AM ET Company Participants Rebecca Gardy - Chief Investor Relations Officer Mark Clouse - Chief Executive Officer Carrie Anderson - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Michael Lavery - Piper Sandler Jim Salera - Stephens Operator Greetings, ladies and gentlemen, and welcome to the Campbell Soup Company's Second Quarter Fiscal 2024 ...

Campbell Soup (CPB) reported $2.46 billion in revenue for the quarter ended January 2024, representing a year-over-year decline of 1.2%. EPS of $0.80 for the same period compares to $0.80 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.42 billion, representing a surprise of +1.40%. The company delivered an EPS surprise of +3.90%, with the consensus EPS estimate being $0.77.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Campbell Soup (CPB) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.90%. A quarter ago, it was expected that this maker of canned soup, Pepperidge Farm cookies and V8 juice would post earnings of $0.87 per share when it actually produced earnings of $0.91, delivering a surprise of 4 ...

C O O K I E S 14 1 Total Circana US MULO $ Consumption latest 13 weeks ending 01/28/2024; 2 Total Circana US MULO $ Share latest 13 weeks ending 07/31/2022, 10/30/2022, 01/29/23, 04/30/2023, 07/30/2023, 10/29/2023, and 01/28/2024 Goldfish Momentum Continues... | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-----------------------------------------|----------------------------------------------------|----------------------------------------| | | | | Sales \n+6% Q2 FY24 Net Sales vs. PY | Cons ...

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its second-quarter fiscal 2024 ended January 28, 2024. CEO Comments “ We once again delivered on our commitments, with a sequential improvement in volume trends and year-over-year operating margin expansion in both our Meals & Beverages and Snacks divisions,” said Campbell's President and CEO, Mark Clouse. “ We are excited about the anticipated completion of the acquisition of Sovos Brands which will bring incrementa ...

CAMPBELL SOUP COMPANY New Jersey 21-0419870 State of Incorporation I.R.S. Employer Identification No. 1 Campbell Place Camden, New Jersey 08103-1799 Principal Executive Of ices Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Capital Stock, par value $.0375 CPB New York Stock Exchange If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyin ...

Items Impacting Comparability | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------|-------------------------------------|-----------------------------------------------------|-------------------------------------------------|----------------------------| | | Three Months \nJanuary 28, 2024 | Diluted Earnings \n Ended \nJanuary 29, 2023 | Per Share \nSix Months \nJanuary 28, 2024 | Ended \nJanuary 29, 2023 | | As Reporte ...

Campbell Soup Company (CPB) is likely to register a decline in the top and the bottom line when it reports second-quarter fiscal 2024 earnings on Dec 6. The Zacks Consensus Estimate for revenues is pegged at $2.4 billion, suggesting a decline of 2.5% from the prior-year quarter’s reported figure.The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 77 cents per share. This indicates a drop of 3.8% from the year-ago quarter’s reported figure. CPB has a trailing four-quarter ...

CAMDEN, N.J.--(BUSINESS WIRE)--The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.37 per share. The quarterly dividend is payable April 29, 2024, to shareholders of record at the close of business as of April 4, 2024. About Campbell For more than 150 years, Campbell (NYSE:CPB) has been connecting people through food they love. Generations of consumers have trusted us to provide delicious and affordable food and beverages ...