What Does the Recent Hike in Treasury Yields Indicate?
We will take a closer look at the recent surge in treasury yields...
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Net sales were $1.85 billion, up from $1.72 billion last year. Analysts expected to see sales of $1.87 billion.
On a segment basis, sales for U.S. simple meals rose 5% to $518 million, while the Global Baking and Snacking segment rose 10% to $628 million and the International Simple Meals and Beverages segment increased 1% to $188 million.
The U.S. Beverage segment jumped 6% to $184 million and the Bolthouse and Foodservice segments increased 11% to $334 million.
The company’s U.S. Soup sales dropped 3%.
Campbell’s also reported that its gross margin narrowed to 34.3% from 36.7%. Marketing costs fell by 1%.
The stock remained flat during pre-market trading on Monday. YTD, the stock is up 2.91%.
Ticker | Mutual Fund | Stake |
---|---|---|
TWEAX | Fundamental Investors | 1.91% |
MXEQX | T. Rowe Price Equity Income Fund | 1.89% |
LCEAX | Invesco Diversified Dividend Fund | 1.36% |
Earnings can have a major effect on a company’s stock price and is one of the most important aspects that investors should pay attention to.
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We will take a closer look at the recent surge in treasury yields...
Kristan Wojnar, RCC™
|
We are looking at the industry themes of client emotional appeal, the power...
Justin Kuepper
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Find out why $30 trillon is invested in mutual funds.
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Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
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Net sales were $1.85 billion, up from $1.72 billion last year. Analysts expected to see sales of $1.87 billion.
On a segment basis, sales for U.S. simple meals rose 5% to $518 million, while the Global Baking and Snacking segment rose 10% to $628 million and the International Simple Meals and Beverages segment increased 1% to $188 million.
The U.S. Beverage segment jumped 6% to $184 million and the Bolthouse and Foodservice segments increased 11% to $334 million.
The company’s U.S. Soup sales dropped 3%.
Campbell’s also reported that its gross margin narrowed to 34.3% from 36.7%. Marketing costs fell by 1%.
The stock remained flat during pre-market trading on Monday. YTD, the stock is up 2.91%.
Ticker | Mutual Fund | Stake |
---|---|---|
TWEAX | Fundamental Investors | 1.91% |
MXEQX | T. Rowe Price Equity Income Fund | 1.89% |
LCEAX | Invesco Diversified Dividend Fund | 1.36% |
Earnings can have a major effect on a company’s stock price and is one of the most important aspects that investors should pay attention to.
Receive email updates about best performers, news, CE accredited webcasts and more.
We will take a closer look at the recent surge in treasury yields...
Kristan Wojnar, RCC™
|
We are looking at the industry themes of client emotional appeal, the power...
Justin Kuepper
|
Let’s take a closer look at smart beta funds, strategies for frothy markets...
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...