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%...

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