The Campbell's Co
CPB: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.B | LOCK|<t | LOCK|gqf%<Bp |
Campbell's Earnings: Sales Edge Higher, Even as Profits Languish; Shares Remain in the Bargain Bin
Campbell's reported a 1% uptick in organic sales in its fiscal third quarter. However, the adjusted operating margin slipped 30 basis points to 14.6%. Its snack mix (40% of sales) continues to suffer, with organic sales off 5% and the segment adjusted operating margin down 90 basis points to 14.3%.
