Net sales were $6.
Highlights of this segment's other businesses include:
-- "Campbell's Chunky" chili continues to perform well in the
marketplace following a successful
introduction in the first
quarter.
For the first nine months of fiscal 2005, sales increased
4
percent to $2,577 million.
-- "Pepperidge Farm" cookie sales achieved double-digit growth
in
the quarter, driven by Chocolate Chunk cookies, the
introduction of a new line of sugar-free
cookies, and four new
varieties of soft-baked cookies.
Reporting Segments
Beginning
in fiscal year 2005, Campbell Soup Company earnings
results are reported for the following segments:
U.35 $ . Consequently, the company
believes that investors may be able to better understand
earnings if
these transactions are excluded from the results.
hazelnuts diets
Soup, Sauces and Beverages segment
, lower trade promotion
activity and the pricing action we took at the end of February, as
anticipated
, impacted volume unfavorably, especially in ready-to-serve
soup."
The company confirmed its fiscal
2005 guidance for earnings per
share to increase between 5 and 7 percent from the adjusted fiscal
year 2004 base of $1.
-- "Swanson" broth sales increased driven by the growing practice
among
consumers of substituting broth for water when cooking. Operating earnings increased 16 percent to
$129 million, reflecting higher sales.
A breakdown of the change in sales follows:
-- Volume
and mix added 2 percent
-- Increased promotional spending subtracted 1 percent
-- Currency
added 5 percent
Operating earnings increased 4 percent to $59 million, due to the
favorable
impact of currency.
Other includes the Godiva Chocolatier business worldwide and the
Away From
Home business in the U.toppings fondue
GreenGiant.com
Green Giant started out in Le Sueur, Minnesota as the Minnesota
Valley Canning Company in 1903, when some 11,750 cases of white
cream-style corn were sold in
the company's first year. The prior year's
third quarter results included a $10 million after-tax
gain from the
settlement of the class action lawsuit.
International Soup and Sauces
Sales
for International Soup and Sauces were $435 million, a 6
percent increase compared with the third
quarter of fiscal 2004.
Sales grew 10 percent to $253 million compared with the same
period a
year ago.fondue gravies
The Green Giant Vegetable Report, based on a Harris Interactive
survey of parents with
children 18 and under, also found that parents
were confused about what made up a serving size and
how many servings
young children need daily.
Mix-Up Dinner Recipes - These balanced meal ideas
span five
nights and offer a variety of fun and delicious ways for
families to
easily get some of their daily "greens" servings.02 per share, after-tax gain
from the settlement
of the class action lawsuit. We are also looking forward to
next year with new product introductions
and a continued emphasis on
enhancing product quality, convenience and availability.
For the
first nine months of fiscal 2005, sales increased 8
percent to $1,303 million.S. participants may
access the call at 1-888-677-5720 and non-U.
Forward-Looking Statements
This release
contains "forward-looking statements" which reflect
the company's current expectations about its
future plans and
performance, including statements concerning the impact of marketing
investments
and strategies, pricing, new product introductions,
cost-saving initiatives and quality improvement
on sales, earnings and
margins.S.fava frostings
Yet, according to the Green Giant Vegetable
Report, 70 percent
of parents and more than three-quarters of moms say
they don't get enough vegetables in their diets
. We expect a solid fourth quarter as the impact of the
price increase on volume moderates.
-- Arnott's sales rose, as the business benefited from strong
customer programs and new product launches
. Strong wet soup
growth of "Liebig" soups in France and "Erasco" soups in
Germany was offset by
lower sales in the United Kingdom.
Further details include the following:
-- Godiva Chocolatier
same store sales in North America achieved
double-digit growth as stronger in-store merchandising
,
increased advertising and promotional activity and new product
introductions drove higher consumer
traffic.cooking fondue
7 billion,
reflecting the following factors:
Price and sales allowances added 2 percent
Currency added 2 percent
Volume and mix was flat
Net earnings for the third quarter
of fiscal 2005 were $146
million compared with $142 million in the prior year. The change in sales
reflects the following factors:
-- Volume and mix subtracted 6 percent
-- Price and
sales allowances added 2 percent
-- Decreased promotional spending added 2 percent
Operating
earnings of $152 million were up 8 percent compared with
the year-ago quarter, due to higher selling
prices, lower marketing
spending, and productivity savings, which were partially offset by
volume
declines and higher energy related costs. The convenience platform,
which includes "Campbell's Soup
at Hand" sippable soups and
microwaveable bowls of "Campbell's Chunky" and "Campbell's
Select
," achieved strong sales in the quarter. participants at
1-517-308-9003. The passcode is "Campbell
Soup" and the
conference leader is Len Griehs.17 $ .fava confections
"Our survey recorded eating habits
before the new Guidelines were
released," says Andy Dahlen, marketing manager for Green Giant. Late
last
year, seasoned vegetables joined the Green Giant line up of Green
Giant Classic Frozen Vegetables
, Green Giant Frozen Side Dishes and
Green Giant Create a Meal! Meal Starters.
For the third quarter
, net sales rose 4 percent to $1. The company also said that capital
expenditures for the year are
now projected to be approximately $350
million, versus a previous forecast of $380 million, with
a portion of
the reduced spending shifting to fiscal 2006.
A breakdown of the change in sales
follows:
-- Volume and mix added 4 percent
-- Price and sales allowances added 4 percent
-- Increased promotional spending subtracted 1 percent
-- Currency added 1 percent
Operating earnings increased 33 percent to $36 million compared
with the year-ago quarter, driven
by higher selling prices, sales
volume gains and productivity savings, as well as lower expenses
in
the Australian Snackfoods business, partially offset by higher
commodity costs.
--
In Asia Pacific, sales rose, driven by higher sales of broth
and beverages, as well as the favorable
impact of currency.S. These forward-looking statements rely on a number of
assumptions and estimates
which could be inaccurate and which are
subject to risks and uncertainties. Actual results could
vary
materially from those anticipated or expressed in any forward-looking
statement made by the
company.51 $ .S.cooking legumes
Green Giant Launches Campaign to Help Americans 'Get Their Greens'
Most
Green Giant frozen vegetables carry an on-pack nutrition
claim, "Frozen Vegetables Are As Nutritious
As Fresh!" Beginning this
month, Green Giant will feature specific nutrient benefits in the
upper
right corner of each package to help consumers better understand
the nutritional offerings of each
Green Giant variety.
-- Green Giant frozen vegetable varieties that are low in
fat, saturated
fat and cholesterol include: Cauliflower
and Cheese, Baby Vegetable Medley, Broccoli Spears, and
Herb Seasoned Garden Vegetable.
For the first nine months of fiscal 2005, the company reported
net
earnings of $611 million, or $1. We have
significantly increased cash flow from operations
and strengthened our
balance sheet.
Baking and Snacking
Sales for Baking and Snacking
were $421 million, an 8 percent
increase compared with a year ago.
-- Away From Home sales
grew significantly, led by continued
strong growth of refrigerated soups for grocery store deli
departments
.48 $ 1.soups diets
They are convenient and just as nutritious as fresh, can
be prepared in five minutes or
less and are easy to incorporate into
many dishes. Simple changes like this can help families achieve
the
daily servings of vegetables needed for better health," she says. The wide range of Green Giant
frozen vegetable varieties
include bagged and boxed classic frozen vegetables, frozen side dishes
and Create a Meal! Meal Starter. Net earnings for the prior year
period included the $10 million
, or $.
-- "Campbell's SpaghettiOs" pasta experienced significant sales
growth, continuing
to benefit from effective branding and
marketing integration with the "Campbell's" brand.
-- Sales of "Pepperidge Farm Goldfish" snack crackers experienced
good gains due to continued momentum
of the base brand and the
favorable impact of new advertising featuring the new animated
character
, "Finn. Soup, Sauces and Beverages includes the following retail
businesses: "Campbell's" brand condensed
and ready-to-serve soups,
"Swanson" broth and canned poultry businesses, "Prego" pasta sauce,
"Pace" Mexican sauce, "Campbell's Chunky" chili, "Campbell's" canned
pasta, gravies and beans, "Campbell
's Supper Bakes" meal kits, "V8"
vegetable juices, "V8 Splash" juice beverages, and "Campbell's" tomato
juice. retail,
"Arnott's" biscuits in Australia and Asia Pacific, and "Arnott's"
salty snacks
in Australia. and Canada.
About Campbell Soup Company
Campbell Soup Company is a global
manufacturer and marketer of
high quality soup, sauce, beverage, baking, biscuit, confectionery and
prepared food products.43
============ ============
Dividends $ .toppings filberts
Health Benefits of Going Green
Health benefits of eating more vegetables and fruits include:
-- Increased fruit and vegetable
intake is associated with
decreased risk of type 2 diabetes and certain cancers.
Additionally
, during the year, the company introduced two
varieties of organic broth into its existing aseptic
line."
-- "Pepperidge Farm" frozen products continued to experience
growth across pot pies
, frozen breads, and frozen pastries.com
Conference Call
The company will host a conference
call to discuss these results
on May 23 at 10:00 a. Founded in 1869, the company has a portfolio
of more than 20 market-leading brands, and had over $7 billion in
sales in 2004. For more information
on the company, visit Campbell's
website on the Internet at www.34
============ ============
Weighted average shares outstanding
- assuming
dilution 414 413
============ ============
CAMPBELL SOUP COMPANY CONSOLIDATED
STATEMENTS OF EARNINGS (unaudited)
(millions, except per share amounts
)
NINE MONTHS ENDED
-------------------------
May
1, May 2,
2005 2004
------------ ------------
Net sales
$ 6,050 $ 5,676
------------ -----
-------
Costs and expenses
Cost of products sold 3,601 3
,315
Marketing and selling expenses 951 911
Administrative expenses
403 400
Research and development expenses 68
65
Other income (2) (1)
------------ ------------
Total costs and expenses
5,021 4,690
------------ --------
----
Earnings before interest and taxes 1,029 986
Interest, net
134 125
------------ ------------
Earnings before taxes 895 861
Taxes on earnings 284 273
------------ ------------
Net earnings $
611 $ 588
============ ============
Per
share - basic
Net earnings $ 1.flounder gravies
Departments of Agriculture
and
Health and Human Services, Green Giant(R) is launching a Web-based
initiative today, called "Mix
-Up Dinner: Get Your Greens!" to help
families increase their daily vegetable intake. Last year's
results included a $. For the first nine
months of fiscal 2005, total U.
-- Sales of ready
-to-serve soups declined in the quarter,
reflecting a shift in promotional spending, increased
competitive
activity, and the impact of the price increase
effective at the end of February. Eastern Standard
Time. U. The company disclaims any obligation or
intent to update the forward-looking statements
in order to reflect
events or circumstances after the date of this release.
Baking and Snacking
includes the following businesses: "Pepperidge
Farm" cookies, crackers, breads and frozen products
in U.
International Soup and Sauces includes the soup, sauce and
beverage businesses outside of
the United States, including Canada,
Europe, Mexico, Latin America, and the Asia Pacific region.
43
============ ============
Weighted average shares
outstanding
- assuming dilution 414 412
============ ============
CAMPBELL SOUP
COMPANY CONSOLIDATED
SUPPLEMENTAL SCHEDULE OF SALES AND EARNINGS (unaudited)
(millions, except per share amounts)
THREE MONTHS ENDED
------------------
May 1, May 2, Percent
Sales
2005 2004 Change
----- --------- -------- -
------
Contributions:
U.58
=================
(1) The costs relate to the worldwide cost savings initiatives and
Australian distribution
and logistics realignment announced on
June 24, 2004.soups stews
43 per share for the prior year.
Further
details of sales results include the following:
-- Pepperidge Farm experienced strong sales
growth in each of its
businesses: bakery, cookies and crackers, and frozen.campbellsoupcompany.S
.com
CAMPBELL SOUP COMPANY CONSOLIDATED
STATEMENTS OF
EARNINGS (unaudited)
(millions, except per share amounts)
THREE MONTHS ENDED
--------------------------
May 1, May 2,
2005 2004
------------ ------------
Net sales $
1,736 $ 1,667
------------ ------------
Costs
and expenses
Cost of products sold 1,035 995
Marketing
and selling expenses 275 278
Administrative expenses
145 141
Research and development expenses 24 23
Other income (2) (13)
------------ ------------
Total costs and expenses
1,477 1,424
------------ ------------
Earnings
before interest and taxes 259 243
Interest, net
45 40
------------ ----
--------
Earnings before taxes 214 203
Taxes on earnings
68 61
------------ ------------
Net earnings $ 146 $ 142
============ ============
Per share - basic
Net earnings $ .fern canning
Business Editors/Health Editors
MINNEAPOLIS
----
Revised Dietary Guidelines Call for Increased Vegetable Consumption;
New Report Finds
70 Percent of Parents Not Eating Enough Veggies
In response to the sixth edition of Dietary Guidelines
for
Americans released on Jan. However, we grew sales of condensed soup 4 percent in the
quarter
and 6 percent for the first nine months, the best performance
in many years.S. The "non-GAAP" financial
measures are measures of
performance not defined by accounting principles generally accepted in
the
United States and should be considered in addition to, not in lieu
of, GAAP reported measures.filberts fondue
com
and
commit to consume more vegetables on a daily basis. Specific features
at the Web site to help
families reach this goal include:
Veggie IQ Quiz - Visitors can test their vegetable knowledge
about serving sizes and health benefits in a short,
interactive quiz.----Campbell
Soup Company
(NYSE:CPB) today reported diluted earnings per share for the third
quarter ended
May 1, 2005 of $.58.S.
-- "Campbell's" condensed cooking soups experienced a decline in
sales
compared to the quarter a year ago, due to a shift in
marketing spending from the Easter holiday
to the higher
potential winter holiday season. For the nine months, sales of
cooking soups were
flat, which is a significant improvement
over historical trends. Sales of "Campbell's" condensed
cooking and eating soups continue to benefit from the
installation of gravity-feed shelving systems
, which are now
in more than 13,000 stores.
For the first nine months of fiscal 2005, sales
increased 8
percent to $1,353 million. The call will also be broadcast live
over the Internet
at www.4725
============ ============
Weighted
average shares outstanding - basic 409 411
============ ============
Per share - assuming dilution
Net earnings
$ 1.05
Deduct: Gain on litigation settlement (2) (0.
The company believes that earnings per share excluding certain
restructuring related costs and
certain other transactions not
considered to be part of the ongoing business are a better indicator
of the true performance of the business.diets freezing
-- Diets low in saturated fat and cholesterol may
reduce the risk
of heart disease. Soup, Sauces and Beverages were $627 million, a 2
percent decrease
compared with a year ago.
U.S. retail soup sales for the quarter were flat compared with a
year
ago, with condensed soup sales up 4 percent, ready-to-serve soup
sales down 6 percent, and broth
sales up 7 percent. retail soup sales increased 5
percent, with condensed sales up 6 percent, ready
-to-serve sales up 2
percent, and broth sales up 10 percent.
-- "V8" vegetable juice sales
increased in the quarter, while
sales of "V8 Splash" beverages declined due to continued
competitive
pressures.49 $ 1.
Fiscal Year Ended
-----------------
August
1, 2004
-----------------
As reported earnings per share
$ 1.02)
Gain on sale of property (3) (0.02)
-----------------
Earnings per share, excluding restructuring
related costs and one-time items $ 1.fiddlehead fillings
12 by the U.
Recipes include
an "Italian Feast" of Mushroom and Vegetable
Lasagna and a "Mexican Celebration" of Chicken
-Filled
Tortillas.
-- Fruits and vegetables may also be a useful component of
programs
designed to achieve and sustain weight loss.J.1 billion for the first nine months of fiscal
2005
, an increase of 7 percent compared with the year-ago period,
reflecting the following factors:
-- Volume and mix added 5 percent
-- Price and sales allowances added 1 percent
-- Increased promotional spending subtracted 1 percent
-- Currency added 2 percent
Douglas
R. "Campbell's" condensed eating soups
achieved solid sales growth in part due to the combination
of
successful merchandising and kids promotional marketing
programs, as well as increased advertising
and pricing. Soup, Sauces and
Beverages $ 627 $ 637
-2%
Baking and Snacking 421 389 8%
International Soup
and Sauces 435 412 6%
Other
253 229 10%
--------- --------
Total sales
$ 1,736 $ 1,667 4%
========= ========
Earnings
--------
Contributions:
U.
(2) The gain
relates to the settlement of a class-action lawsuit
involving ingredient suppliers.cooking confections
More than
half didn't know that one serving
of cooked vegetables was 1/2 cup, and nearly a quarter said they
had
no idea of the recommended number of servings of vegetables for a
young child (age 2-6).
Green Giant offers a variety of delicious and convenient choices
to help Americans meet their
daily vegetable requirements. In fact,
according to a new survey of dietary behavior commissioned
by
the American Institute for Cancer Research (AICR), four in
five weight-conscious Americans
turn to salads, vegetables and
fruits when trying to shed a few pounds.48 per share, versus $588
million, or
$1. Conant, Campbell's President and Chief Executive
Officer, said, "Our company's
third quarter results continued our
strong year-to-date performance across multiple businesses.S
.
-- Sales of "Prego" pasta sauces and "Pace" Mexican sauces
declined in the quarter due to
a reduction in marketing
spending and increased competitive activity.
-- In Canada, sales
increased significantly, driven by volume
gains in ready-to-serve soup and "V8" beverages, as well
as
the favorable impact of currency. Operating earnings increased 11 percent to
$121 million.
A recording of the call will be
available approximately two hours after it is completed through
midnight
May 27, 2005 at 1-866-459-3544 or 1-203-369-1333.34 3%
========= ========
CAMPBELL SOUP COMPANY CONSOLIDATED
SUPPLEMENTAL SCHEDULE OF SALES AND EARNINGS (unaudited)
(millions, except per
share amounts)
NINE MONTHS ENDED
------------------
May 1, May 2, Percent
Sales 2005 2004 Change
----- -------- -------- -------
Contributions:
U
.frostings dips
A breakdown of the change in sales follows:
-- Volume and mix added 5 percent
--
Price and sales allowances added 4 percent
-- Currency added 1 percent
Operating earnings
of $27 million were up 13 percent versus the
prior year, driven by strong sales growth.36 $
.
baking fondue
In
our U.
Summary of Fiscal 2005 Third Quarter and Nine Month Results by
Segment U. Microwaveable bowls, which were introduced mid-year,
and a new Hold The Beans variety
in cans, have been
well-received.
-- Sales of fresh bread and bakery products were up double
digits
for the third consecutive quarter. Operating earnings increased 5 percent to
$184 million
, due to the favorable impact of currency.com and can be accessed
by clicking on the "Webcast" banner
.S.35
============ ============
Dividends
$ .S. Soup, Sauces and
Beverages
$ 643 $ 652 -1%
Baking and Snacking 129 111
16%
International Soup and Sauces 184 175 5%
Other
121 109 11%
-------- --------
Total operating earnings 1,077 1,047 3%
Unallocated
corporate expenses (48) (61)
---
----- --------
Earnings before interest and
taxes 1
,029 986 4%
Interest, net (134) (125)
Taxes on
earnings (284) (273)
-------- --------
Net earnings $ 611 $ 588 4%
======== ========
Net earnings per share
- assuming
dilution $ 1. The items include the following:
-- Earnings per share
(EPS), excluding restructuring related
costs and one-time items
The table below reconciles
earnings per share, presented in
accordance with GAAP, to earnings per share excluding restructuring
related costs and other one-time items.
(3) The gain relates to the sale of an idle facility
in California.canning fern
The pack will
include a vintage-style Green Giant T-shirt, recipes and tips
.
For more information and easy ideas to incorporate vegetables into
meals, visit www.35, compared
with $. Soup, Sauces and Beverages
Sales for U.
Other
The balance of the portfolio
includes the Godiva Chocolatier
business worldwide and the Away From Home business in the U.
For the first nine months of fiscal 2005, sales increased 12
percent to $817 million.campbellsoupcompany
.hazelnuts sacrifice
"For
instance, try incorporating different vegetables into a favorite
recipe for variety and
added nutritional value, such as frozen
vegetables. As an incentive, a Green Giant gift pack
will be awarded each month through April to 25 randomly
selected individuals who complete
the quiz.
Get Your Greens! Family Meal Commitment - Visitors will be
invited to sign
the Get Your Greens! Family Meal Commitment,
which offers families the opportunity to promise
to get their
daily vegetables together and commit to make a change for at
least
one week. It also includes an attractive printable
checklist that families can post on their
refrigerator to help
track their daily vegetable goals for one week. and
Canada. Please
refer to the company's most
recent Form 10-K and subsequent filings for a further discussion of
these
risks and uncertainties.35 $ .57
Add: Restructuring related costs (1)
0.fava stews
S."
Green Giant Launches "Get Your Greens!"
With the "Mix-Up Dinner: Get Your Greens
!" initiative, families
are encouraged to take part in activities at www. The brand is
also reducing
the sodium content in some of its products, including
popular Broccoli and Cheese. For the past
100
years, the Giant's Valley is where the freshest and
greatest-tasting vegetables are grown and picked
at the peak of
perfection.Campbell Reports Third Quarter Earnings Per Share of $.35; Net Sales Increase
4 Percent; Baking and Snacking Delivers Strong Performance
02 gain from Campbell's
share of a
class action settlement involving ingredient suppliers.S.
"As planned, we have strengthened our margins
, leveraging the
pricing action and continuing our aggressive cost management.
Further details
of sales results include the following:
-- Sales in Europe were up compared with a year ago
, primarily
due to the favorable impact of currency.S.campbellsoupcompany.fudge fillings
The new Dietary Guidelines
recommend that the average adult eat 2
1/2 to 6 1/2 cups (five to 13 servings) of fruits and vegetables
each
day, an increase from the previously recommended 2 1/2 to 4 1/2 cups
(five to nine servings
).
"To help increase vegetable consumption, parents may want to
rethink the way they plan dinner
," says Juli Hermanson, registered
dietitian and senior nutrition scientist at General Mills.
Business Editors
CAMDEN, N. We are
very pleased with the performance of Pepperidge Farm
, Arnott's
biscuits, Godiva Chocolatier, and our Away From Home soup business.S.
Further details
of sales results for the quarter include the
following:
-- Sales of condensed eating soups
, which achieved double-digit
sales growth for the first nine months, delivered continued
strong
performance for the quarter, more than offsetting sales
declines of cooking soups.
Non-GAAP
Financial Information
A reconciliation of the adjusted fiscal year 2004 earnings per
share
to the reported earnings per share is attached to this release
and can also be found on the company
's website at
www.m. Participants should call at least five minutes prior
to the starting time
.48 $ 1. Soup, Sauces and
Beverages $ 152 $ 141
8%
Baking and Snacking 36 27 33%
International Soup
and Sauces 59 57 4%
Other
27 24 13%
--------- --------
Total operating
earnings 274 249 10%
Unallocated corporate expenses
(15) (6)
--------- --------
Earnings
before interest and
taxes 259 243 7%
Interest
, net (45) (40)
Taxes on earnings
(68) (61)
--------- --------
Net earnings
$ 146 $ 142 3%
========= ========
Net earnings per share -
assuming dilution
$ .43 3%
======== ========
CAMPBELL SOUP COMPANY CONSOLIDATED
BALANCE SHEETS (unaudited
)
(millions)
May 1, May 2,
2005 2004
---------- ----------
Current assets
$ 1,419 $ 1,340
Plant assets, net
1,911 1,834
Intangible assets, net 3,153 2,996
Other assets 330 273
---------- ----------
Total assets
$ 6,813 $ 6,443
========== ==========
Current liabilities $ 1,900 $ 2,187
Long-term debt
2,541 2,543
Nonpension postretirement benefits
290 301
Other liabilities 714
536
Shareowners' equity 1,368 876
---------- ----------
Total liabilities and shareowners
' equity $ 6,813 $ 6,443
========== ==========
Total debt $ 2,988 $ 3,312
========== ==========
Cash and cash equivalents
$ 32 $ 28
========== ==========
Reconciliation of GAAP and Non-GAAP Financial Measures
Campbell Soup Company uses certain
"non-GAAP" financial measures
as defined by the Securities and Exchange Commission in certain
communications
.sacrifice diets
"So
with the increased recommendations, it's even more important to
educate parents and encourage
them to get more vegetables into their
diet, as they are an important influence on their children
's eating
habits and can help form life-long healthy food patterns.GreenGiant.
For the first nine
months of fiscal 2005, the company also
reported strong cash flow from operations of $772 million
compared
with $576 million in the year-ago period. Top performers included
"Pepperidge Farm" whole
grain breads, as well as its lines of
improved bagels and English muffins.1575
============ ============
Weighted average shares outstanding
- basic 409 411
============ ============
Per share - assuming dilution
Net earnings $ .frostings baking
34 in the year-ago
quarter. The increase was driven by
improved working capital performance
, lower cash settlements related
to foreign currency hedging transactions and higher earnings. Operating
earnings decreased 1 percent to
$643 million, as the benefit of higher sales volume and productivity
gains were more than offset by higher energy related costs and
increased trade promotion and advertising
.S. Soup, Sauces and
Beverages $ 2,577 $ 2,487 4%
Baking and Snacking 1,303 1,202 8%
International Soup and Sauces
1,353 1,255 8%
Other 817 732
12%
-------- --------
Total sales
$ 6,050 $ 5,676 7%
========
========
Earnings
--------
Contributions:
U.figs gravies
A community sponsored library.
-> Show WiseVault's Web Sites Listing For This Topic
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)