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Campbell Reports Loss in Q4 Earnings Filing

By USinMinutes - Aug 29, 2024, 07:23 AM ET
Last Updated - Aug 29, 2024, 07:24 AM EDT
Campbell Reports Loss in Q4 Earnings Filing

Q4 Revenue Increases by 11% for Campbell in Latest Filing

Campbell Soup Company [CPB] reported a loss of $(3) million for the fourth quarter of fiscal 2024, which ended on July 28, 2024. This represents a decrease from the profit of $169 million reported in the previous quarter.

Campbell Soup Company, a prominent player in the Consumer Goods sector, reported a revenue of $2.3 billion, representing an 11% increase compared to the previous quarter.

In comparison to the same quarter in the previous year, Campbell Soup Company witnessed a 3% increase in revenue for the current quarter. Additionally, the company recorded a decrease in profit of $(3) million, reflecting a percentage change in loss over the same quarter of the previous year.

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