2023-06-07 07:18:08 ET
- Campbell Soup press release ( NYSE: CPB ): Q3 Non-GAAP EPS of $0.68 beats by $0.03 .
- Revenue of $2.23B (+4.7% Y/Y) in-line.
- Campbell is reaffirming its full-year fiscal 2023 net sales, adjusted EBIT and adjusted EPS outlook from the guidance provided on March 8, 2023 .
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“Our third-quarter results were in line with our expectations and were driven by in-market momentum, continued best-in-class supply chain execution and favorable inflation-driven net price realization, all despite the anticipated challenging comparison from the prior year's retailer inventory rebuild,” said Campbell's President and CEO, Mark Clouse. “Our year-to-date results and execution give us continued confidence in our ability to deliver our full-year guidance, with adjusted EPS currently tracking to the upper end of our guidance range."
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Campbell Soup Non-GAAP EPS of $0.68 beats by $0.03, revenue of $2.23B in-line