Campbell Soup Firm (NYSE: CPB) reported third quarter 2024 earnings outcomes right now.
Internet gross sales elevated 6% year-over-year to $2.36 billion. Natural gross sales remained flat.
Internet earnings attributable to Campbell Soup Firm have been $133 million in comparison with $160 million in the identical interval final yr.
GAAP EPS fell 17% to $0.44 whereas adjusted EPS rose 10% to $0.75 in comparison with final yr.
Income and earnings beat expectations, sending the inventory rising over 1% in premarket hours on Wednesday.
Campbell expects web gross sales progress of 3-4% for the complete yr of 2024. Adjusted EPS is anticipated to be $3.07-3.10.