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09.12.25 - 14:54
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Stock Market Live December 9: Anticipating a Rate Cut, the S&P 500 (VOO) Rises a Bit (24/7 Wall St.)
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Live Updates Campbell's Soups Up Some Profits 5 hours ago Live In happier news, S&P 500 component company Campbell Company (Nasdaq: CPB) beat earnings by four cents this morning. Campbell's earned $0.77 in its fiscal Q1 2026 on sales of $2.7 billion — also better than expected. Management then proceeded to raise full-year guidance to a ... Stock Market Live December 9: Anticipating a Rate Cut, the S&P 500 (VOO) Rises a Bit
The post Stock Market Live December 9: Anticipating a Rate Cut, the S&P 500 (VOO) Rises a Bit appeared first on 24/7 Wall St.....
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09.12.25 - 13:18
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Campbell′s Reports First Quarter Fiscal 2026 Results; Reaffirms Full-Year Fiscal 2026 Guidance (Business Wire)
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Net Sales decreased 3% to $2.7 billion and decreased 1% on an organic basis.
Earnings Before Interest and Taxes (EBIT) decreased to $336 million. Adjusted EBIT decreased 11% to $383 million.
Earnings Per Share (EPS) decreased to $0.65. Adjusted EPS decreased 13% to $0.77.
Cash flow from operations was $224 million; returned $144 million to shareholders including $120 million in dividends.
Entered into definitive agreements to acquire a 49% interest in La Regina, the producer of Rao's tomato-based pasta sauces. Acquisition solidifies Campbell's long-term strategic partnership with La Regina and is expected to fuel Rao's continued growth.
Reaffirms full-year fiscal 2026 guidance.
CAMDEN, N.J.--(BUSINESS WIRE)--The Campbell's Company (NASDAQ:CPB) today reported results for its first quarter fiscal 2026 ended November 2, 2025. Unless otherwise stated, all comparisons are to the same period of fiscal 2025.
CEO Comments:Mick Beekhuizen, Campbell's Chief Executive Officer said, "Our first quarter perfo...
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