Campbell: Q1 EPS down 2%
(CercleFinance.com) - Campbell Soup reports Q1 2024-25 adjusted EPS that is
down 2% to $0.
89, with adjusted EBIT up 6% to $432m, and revenues up 10% to $2.77bn (but down 1% organically).
For the current financial year as a whole, the food group confirms that it expects adjusted EPS to rise by 1%-4%, with adjusted EBIT and revenues up 9%-11% (0-2% organic for revenues).
On this occasion, Campbell Soup announces a 5% increase in its quarterly dividend, to $0.39 per share, as well as the appointment of Mick Beekhuizen as future CEO and director from 1 February, replacing Mark Clouse.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
down 2% to $0.
89, with adjusted EBIT up 6% to $432m, and revenues up 10% to $2.77bn (but down 1% organically).
For the current financial year as a whole, the food group confirms that it expects adjusted EPS to rise by 1%-4%, with adjusted EBIT and revenues up 9%-11% (0-2% organic for revenues).
On this occasion, Campbell Soup announces a 5% increase in its quarterly dividend, to $0.39 per share, as well as the appointment of Mick Beekhuizen as future CEO and director from 1 February, replacing Mark Clouse.
Copyright (c) 2024 CercleFinance.com. All rights reserved.