Campbell Soup profit rises

By @ibtimes on

Campbell Soup Co reported higher quarterly profit on Monday, as higher sales of its snacks offset a decline in soup sales.

Campbell, the world's largest soup maker, said net income was $187 million, or 57 cents per share, in its fiscal third quarter ended on May 1, up from $168 million, or 49 cents per share, a year earlier.

Sales rose to $1.81 billion from $1.80 billion a year earlier.

(Reporting by Martinne Geller, editing by Gerald E. McCormick)

Join the Discussion