Campbell Soup Posts Higher 1Q Profit
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Campbell Soup Co., the world&#39;s largest soup maker, posted better-than-expected first-quarter earnings on Monday, citing strong sales of condensed soup and broth products.
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Campbell Soup Company (NYSE: CPB) shareholders, when seeing today&#39;s first-quarter earnings report, probably said, &quot;M&#39;m!
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The food maker General Mills reported on Wednesday that its first-quarter profit rose 8 percent as rising revenue offset higher ingredient costs and increased spending on marketing.
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SMITHFIELD Pork processor Smithfield Foods Inc. said yesterday that net income in the first quarter more than doubled as improved profitability in hog production and strong results in pork offset lower beef earnings.
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Oilfield services company Baker Hughes Inc.  said on Thursday that quarterly profit rose as higher sales and a benefit from an accounting change helped offset a one-time charge.
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Campbell Soup Co., the world&#39;s biggest soupmaker, said fourth-quarter profit declined 20 percent, the biggest drop in more than two years, because of falling sales and costs to fire workers.
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Campbell Soup Co.  posted higher quarterly profit on Friday as higher sales of Pepperidge Farm baked goods offset U.S. soup sales that fell amid unseasonably warm weather during much of the quarter.
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The company said first-quarter earnings rose to $88 million on strong Spam sales and a recovery in its turkey business.
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Yum Brands Inc. (YUM.N: Quote, Profile, Research) on Tuesday said quarterly earnings rose 13 percent and raised its profit forecast for the year as strong sales at its fast-food chains helped offset a run-up in commodity costs.
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Hormel Foods Corp.  on Wednesday posted higher quarterly profit, in line with raised expectations it announced earlier this month, and gave a forecast for current quarter earnings that was higher than analysts estimates.
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Campbell Soup Co  on Thursday posted a quarterly profit below analysts' estimates as the company overhauled its supply chain in Australia and Indonesia, pushing its stock down almost 4 percent.
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Campbell Soup Co. CPB.N on Monday   posted lower quarterly profits, pressured by costs from the   sale of its U.K. and Irish businesses, pushing its shares down   more than 2 percent.
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Sysco Corp. (SYY.N), the largest U.S. distributor of food to restaurants and hospitals, on Monday said quarterly profit rose as an extra week in the period and acquisitions helped offset the effects of higher food prices.
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Natural gas producer and pipeline  company Williams Cos. Inc.  posted better-than-expected  quarterly profit on Thursday as higher margins for natural gas  liquids offset weaker gas prices.
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Pork processor Smithfield Foods Inc. said Thursday that improved profitability in the hog production segment, combined with strong results in pork, offset lower earnings in the beef segment to push first-quarter profits above revised expectations.
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Pepsi Bottling Group Inc.  on Tuesday reported higher quarterly profit, helped by price increases it placed on its drinks, and raised its full-year forecast.
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The soup maker said its second-quarter profit slipped 3.9 percent to $274 million even though its sales rose.