FMP
Campbell Soup Beats Q3 Expectations as Sovos Deal Boosts Sales
Jun 2, 2025 4:21 PM - Davit Kirakosyan
Image credit: FMP
The Campbell's Company (NASDAQ:CPB) delivered a strong third-quarter performance, surpassing Wall Street expectations on both earnings and revenue as its recent acquisition of Sovos Brands added momentum to its growth.
The company reported adjusted earnings of $0.73 per share, ahead of the $0.65 consensus. Revenue climbed 4% year-over-year to $2.48 billion, exceeding analyst projections of $2.43 billion. Organic sales rose 1%, driven by stronger volume and mix, though slightly offset by unfavorable pricing adjustments that had been pre-planned.
Performance was supported by improved consumption trends across various income groups and a sustained consumer shift toward home cooking, boosting demand for Campbell’s range of packaged food products.
The company reaffirmed its full-year guidance for fiscal 2025, with earnings expected to range between $2.95 and $3.05 per share. However, management acknowledged potential headwinds from newly introduced tariffs, which could impact results by $0.03 to $0.05 per share but are not yet included in the forecast.
Other Blogs
Nov 22, 2024 5:08 AM - Parth Sanghvi
Fundamental Analysis: Principles, Types, and How to Use It
Fundamental analysis is one of the most essential tools for investors and analysts alike, helping them assess the intrinsic value of a stock, company, or even an entire market. It focuses on the financial health and economic position of a company, often using key data such as earnings, expenses, ass...
Dec 17, 2024 8:58 AM - Sanzhi Kobzhan
Examining Tesla’s Financial Health Using FinancialModelingPrep’s Ratios API
Tesla, one of the world’s most talked-about electric vehicle manufacturers, attracts a lot of attention from investors and market watchers. By examining a snapshot of Tesla’s financial ratios—such as those provided by FinancialModelingPrep’s Ratios API—we can get a clearer picture of the company’s f...
Dec 22, 2024 7:59 AM - Sanzhi Kobzhan
Two great Software Platform Stocks Similar to Palantir (PLTR)
When it comes to cutting-edge software and data analytics, Palantir Technologies (NYSE: PLTR) is often front and center. But for many investors, it’s important to consider alternative or complementary stocks in the same sector that may offer robust growth potential. As PLTR looks expensive (overvalu...
