Campbell Soup Co. Q2 net sales increase 5%

March 11, 2021

Camden, NJ-based Campbell Soup Co. (NYSE: CPB) reported that its second quarter adjusted earnings per share increased 17% year-on-year. This reflected an increase in adjusted EBIT and lower adjusted net interest expense.

Net sales, both reported and organic, rose 5% to $2.28 billion driven by gains in both Meals & Beverages and Snacks.

Campbell said it remains on track to deliver annualized savings of $850 million by the end of fiscal 2022.

Campbell reported results for its second-quarter fiscal 2021, ended Jan. 31, on Mar. 10. Click here to see full report.


[Image: Campbell Soup Co.]
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Campbell Soup Co. to shutter 94-year-old Georgia snacks factory

Jan. 15, 2021
The Campbell Soup Co. said it is closing its manufacturing facility in Columbus, Georgia. The plant employs 326 individuals in the production of candy, crackers, cookies, nuts...