DJ Campbell Soup Earnings -4: Pepperidge Farms Sales Strong
Second quarter sales for Campbell's biscuits and confectionery
segment rose 5% to $441 million, and were up 10% before the impact of
currency.
Sales for the unit were strong across the board. Pepperidge Farm
reported strong sales and earnings driven by good performance in
Goldfish and Giant Goldfish crackers and the introduction of new
Spritzers cookies.
The company's Godiva Chocolatier posted double-digit sales and
earnings growth in all geographic regions and across all sales
channels.
Campbell's Away From Home unit posted sales of $146 million, up 2%
from last year, and up 3% excluding the impact of currency.
(MORE) DOW JONES NEWS 02-14-01
09:05 AM
- - 09 05 AM EST 02-14-01
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DJ Campbell Soup Earnings -5: 6 Mos Table, Comment >CPB
6 Months Jan. 28:
2000 1999
Sales $3,735,000,000 $3,684,000,000
Net income 475,000,000 516,000,000
Avg shrs (basic) 418,000,000 428,000,000
Avg shrs (diluted) 425,000,000 432,000,000
Shr earns (basic)
Net income 1.14 1.21
Shr earns (diluted)
Net income 1.12 1.19
For the six month period, Campbell's soup and sauces sales rose 1%
to $2.66 billion, compared with $2.63 billion last year.
Biscuits and confectionery sales rose 5% to $830.3 million from $793
million a year earlier.
Year-to-date sales from the Away From Home unit rose $281.5 million,
up from $278.2 million last year. |
