Loading...
•
Aug 02, 2020
Campbell Soup Q4 2020 Earnings Report
Campbell Soup's Q4 2020 performance was marked by strong sales growth and increased profitability, driven by heightened demand for its products.
Key Takeaways
Campbell Soup Company reported strong fourth-quarter fiscal 2020 results, with net sales increasing by 18% and organic net sales up by 12%. Adjusted EPS increased by 50% to $0.63. The company benefited from increased demand for its products due to elevated at-home food consumption.
Net Sales increased 18% driven by increased demand.
Organic Net Sales increased 12% due to elevated at-home food consumption.
EPS from Continuing Operations increased to $0.28 from a loss of $0.02.
Adjusted EPS increased 50% to $0.63.
Revenue by Segment
Forward Guidance
The company expects demand for its products will remain elevated in the near term and accordingly, is providing guidance limited to the first quarter of fiscal 2021.
Positive Outlook
- Net Sales +5% to +7%
- Adjusted EBIT +6% to +9%
- Adjusted EPS +13% to +18%
- Adjusted EPS $0.88 to $0.92
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...