Campbell Soup Firm (NASDAQ: CPB) reported its fourth quarter 2024 earnings outcomes at the moment.
Web gross sales elevated 11% to $2.3 billion in comparison with the year-ago quarter. Natural internet gross sales decreased 1%.
Web loss attributable to Campbell Soup Firm was $3 million, or $0.01 per share, in comparison with internet earnings of $169 million, or $0.57 per share, final yr. Adjusted EPS elevated 26% to $0.63.
Earnings beat estimates whereas gross sales fell wanting expectations.
For fiscal yr 2025, the corporate expects internet gross sales development of September 11% and natural gross sales development of 0-2%. Adjusted EPS is anticipated to develop 1-4%.
The inventory was down over 1% in premarket hours on Thursday.