US food company Campbell Soup has reported net earnings for the fourth quarter to 31 July of US$96m, or 23 cents per share, versus $59m, or 14 cents per share, in the year-ago quarter.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more


Last year’s fourth quarter included a $6m after-tax gain from the sale of the idle California manufacturing site and a $22m after-tax restructuring charge. Net sales increased 5% to $1.50bn.


For the fiscal 2005 year, the company reported earnings of $707m, or $1.71 per share, compared to $647m, or $1.57 per share, for the previous year. Net sales increased 6% to $7.55bn.


“We have delivered a year of quality growth and exceeded our financial goals for sales, earnings before interest and taxes, and earnings per share,” said Douglas Conant, Campbell’s president and CEO.


“We continued to make important progress in our largest business, US Soup. We are especially pleased with the 8% rise in sales of condensed soup, by far the strongest performance in many years. In ready-to-serve soup, ‘Campbell’s Chunky’ continued its strong performance. Although we were disappointed with the performance of ‘Campbell’s Select’ soups, we have programmes in place to strengthen the performance of this business in the coming year. Our ‘Swanson’ broth business continued to deliver excellent results.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“In our Away From Home business, we achieved substantial growth in premium refrigerated soups, which are primarily sold through in-store delis. We are also pleased with the strong performance of our Baking and Snacking businesses, especially Pepperidge Farm. Godiva delivered an excellent year as we continue to strengthen the brand through innovation,” Conant added.