On Air Now

Listen

Listen Live Now » 95.5 FM Wausau, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
57° Feels Like: 57°
Wind: W 0 mph Past 24 hrs - Precip: 0.01”
Current Radar for Zip

Today

PM Thunderstorms 79°

Tonight

Partly Cloudy 56°

Tomorrow

Scattered Thunderstorms 79°

Campbell Soup profit rises 71 pct

A worker restocks Campbell's soup cans inside a Fresh & Easy store in Burbank, California October 19, 2012. Picture taken October 19, 2012.
A worker restocks Campbell's soup cans inside a Fresh & Easy store in Burbank, California October 19, 2012. Picture taken October 19, 2012.

(Reuters) - Campbell Soup Co reported a 71 percent rise in quarterly profit, as more people bought soup during a spell of harsher-than-usual winter weather in the United States.

Net profit attributable to the company rose to $325 million, or $1.03 per share in the second quarter, from $190 million, or 60 cents per share, a year earlier.

Excluding items, the world's largest soup maker earned 76 cents per share from continuing operations.

Sales rose 5.5 percent to $2.28 billion in the quarter ended January 26. U.S. soup sales rose 5 percent in the quarter.

(Reporting by Siddharth Cavale and Shailaja Sharma in Bangalore; Editing by Savio D'Souza)

Comments