Campbell Soup Company (CPB) reported second-quarter net earnings of $190 million, or $0.60 per share, compared to $205 million, or $0.64 per share, prior year. Excluding restructuring and restructuring-related charges, adjusted net earnings increased to $220 million or $0.70 per share, from $207 million or $0.64 per share prior year. Net sales were $2.33 billion compared to $2.11 billion last year.
The company confirmed its fiscal 2013 guidance. Campbell expects to grow sales between 10 percent and 12 percent. The company expects adjusted profit per share to be between $2.51 and $2.57.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.