Campbell's Q3 net sales 2.4 bln usd, down 4%
(Il Sole 24 Ore Radiocor) - Milano, 8 giu - The US food company Campbell's said that in the third quarter ended May 3, net sales decreased 4% to 2.4 billion dollars on a reported and organic basis.
EBIT increased 48% to 239 million dollars compared with the previous year which reflected a 150 million dollar impairment charge Adjusted EBIT declined 24% to 274 million dollars and adjusted earnings per share fell 32% to 0.50 dollars.
The company reaffirmed its full-year guidance.
For the full year, Campbell's expects organic sales to fall.
1-2% and adjusted EPS to drop 23-26% to 2.15-2.25 dollars.
(RADIOCOR) 08-06-26 16:29:38 (0529) 5 NNNN