The Campbell Soup Company reported higher-than-expected quarterly results on Friday. Campbell said net income fell to $100 million, or 31 cents a share, from $113 million, or 33 cents a share, a year earlier. Sales rose 6 percent to nearly $1.61 billion. Excluding revamping charges, earnings increased 30 percent to 43 cents a share, topping the 38 cents expected by analysts. Stock in Campbell, which is based in Camden, N.J., fell 40 cents, to $31.46 a share.
Article source: http://feeds.nytimes.com/click.phdo?i=3e5287e7a3af3540172487f6c4fbb56c
Speak Your Mind
You must be logged in to post a comment.