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Campbell Soup Co. will not indulge in a race to the bottom to secure additional volume share by leaning on “dysfunctional promotions” in 2024 despite what it anticipates will be a sluggish start to the fiscal year as the company laps “transitory” factors that bolstered comps in fiscal 2023, according to executives.
Campbell Soup is positioning for margin expansion in its new fiscal year as moderating inflation leads to cost savings and productivity gains.
Campbell Soup Company (NYSE:CPB) Q4 2023 Earnings Call Transcript August 31, 2023 Campbell Soup Company reports earnings inline with expectations. Reported EPS is $0.5 EPS, expectations were $0.5. Operator: Greetings, ladies and gentlemen, and welcome to the Campbell Soup Company Fourth Quarter Fiscal 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call […]
Campbell Soup Co. packs on profits thanks to its Snacks division
For the fourth quarter: Net Sales increased to $2.1 billion. Organic Net Sales increased 5%. Earnings Before Interest and Taxes increased to $272 million. Adjusted EBIT decreased 10% to $242...