Key Takeaways from Campbell Soup's Q3 2024 Financial Performance

Wednesday, 5 June 2024, 11:34
Campbell Soup Company (NYSE: CPB) recently disclosed its third-quarter 2024 financial results, revealing a 6% year-over-year boost in net sales to $2.36 billion. While organic sales stagnated, net earnings dropped to $133 million from $160 million in the prior year's corresponding period. GAAP EPS declined by 17%, but adjusted EPS climbed by 10%, showcasing areas of both concern and promise for the company's financial outlook.
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Key Takeaways from Campbell Soup's Q3 2024 Financial Performance

CPB Earnings Report: Campbell Soup's Q3 2024 Financial Results Analysis

Campbell Soup Company (NYSE: CPB) reported third-quarter 2024 earnings results today. Net sales increased 6% year-over-year to $2.36 billion. Organic sales remained flat. Net earnings attributable to Campbell Soup Company were $133 million compared to $160 million in the same period last year. GAAP EPS fell 17% to $0.44 while adjusted EPS rose 10%...

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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