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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Campbell's Soup Reports Fourth Quarter And Annual Results 0 comments
    Aug 29, 2013 11:05 AM | about stocks: CPB

    Originally published at www.seclive.com

    Campbell Soup Company (NYSE:CPB) announced its financial results for the fourth quarter of fiscal year 2013 as well as its results for the entire year. The company reported a net loss of $158M, with $0.50 losses per share, compared to the same quarter last year with earnings of $127M with $0.40 earnings per share. For the full fiscal year the company reported $458M in earnings, with $1.44 earnings per share, a decrease from $774M and $2.41 earnings per share a year ago. President and CEO Denise Morrison remarked that the company made steady growth in many sectors, including 5% growth in U.S. soup sales. Campbell's acquired three companies during the year and is in the final stages of selling some of its international business as the company continues to make strategic moves affecting its future growth.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: financial results, earnings Stocks: CPB
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