What Campbell Soup Company's Earnings Mean for Mutual Fund Investors

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campbells soup company

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What Campbell Soup Company's Earnings Mean for Mutual Fund Investors

Shauna O'Brien Sep 08, 2014



Net sales were $1.85 billion, up from $1.72 billion last year. Analysts expected to see sales of $1.87 billion.


Inside Campbell’s Earnings Results


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%.


Mutual Funds on Watch


The Bottom Line


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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