Wednesday, March 8, 2023

Campbell Soup Boosts FY23 Outlook As Q2 Results Top Estimates

Campbell Soup Co. (CPB) reported on Wednesday a profit for the second quarter that grew nine percent from last year, driven by 12 percent net sales growth amid favorable net price realization. Adjusted earnings per share and quarterly net sales topped analysts' estimates. The company also raised its financial guidance for the full-year 2023.

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