CAMPBELL SOUP Reports 4.1% Increase in Revenue for Q4 FY2023
September 5, 2023
☀️Earnings Overview
CAMPBELL SOUP ($NYSE:CPB) reported total revenue of USD 2068.0 million for the fourth quarter of FY2023, ending on July 31 2023, a 4.1% increase from the same period the year before. Net income was recorded at USD 169.0 million, representing a 76.0% year-over-year increase.
Analysis
GoodWhale’s analysis of CAMPBELL SOUP’s financials shows that the company is strong in dividend yield and profitability. However, it is weak in asset turnover and growth. Despite these weaknesses, CAMPBELL SOUP has a high health score of 8/10, which indicates that the company is capable of sustaining future operations even during times of crisis. According to GoodWhale, CAMPBELL SOUP is classified as a ‘rhino’, which means that it has achieved moderate revenue or earnings growth. This suggests that investors who are looking for steady and consistent returns may be drawn to CAMPBELL SOUP’s financials. Moreover, since the company has a high health score, investors who are looking for a safe and reliable investment may also be interested in CAMPBELL SOUP’s stock. The company’s strong dividend yield and profitability are further reasons why investors may find it attractive. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Campbell Soup. More…
| Total Revenues | Net Income | Net Margin |
| 9.36k | 858 | 9.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Campbell Soup. More…
| Operations | Investing | Financing |
| 1.14k | -340 | -723 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Campbell Soup. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.06k | 8.39k | 12.03 |
Key Ratios Snapshot
Some of the financial key ratios for Campbell Soup are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.5% | 2.8% | 14.5% |
| FCF Margin | ROE | ROA |
| 8.3% | 23.7% | 7.0% |
Peers
Campbell Soup Co, JM Smucker Co, Mondelez International Inc, and Conagra Brands Inc are all food companies that compete for market share.
– JM Smucker Co ($NYSE:SJM)
The J. M. Smucker Company has a market capitalization of 15.03 billion as of 2022 and a return on equity of 7.19%. The company manufactures and markets food and beverage products, including coffee, peanut butter, shortening and oils, frozen food, pet food, and snacks. The company was founded in 1897 and is headquartered in Orrville, Ohio.
– Mondelez International Inc ($NASDAQ:MDLZ)
Mondelez International Inc is a food and beverage company with a market cap of 78B as of 2022. The company has a Return on Equity of 12.54%. Mondelez International Inc is a food and beverage company that manufactures and markets snack food and beverage products. The company’s products include cookies, crackers, biscuits, chocolate, gum, candy, coffee, and cheese. Mondelez International Inc operates in more than 160 countries and employs approximately 107,000 people.
– Conagra Brands Inc ($NYSE:CAG)
Conagra Brands Inc is a packaged foods company with a focus on branded foods and foodservice businesses. The company’s products are distributed through grocery, mass merchandiser, club, convenience, drug, and dollar stores. Conagra Brands Inc has a market cap of 16.47B as of 2022, a Return on Equity of 7.38%. The company’s products are distributed through grocery, mass merchandiser, club, convenience, drug, and dollar stores. Conagra Brands Inc is a publicly traded company listed on the New York Stock Exchange under the ticker symbol CAG.
Summary
Investors interested in CAMPBELL SOUP should take note of the company’s strong performance in the fourth quarter of FY2023. Total revenue increased by 4.1% year-over-year to USD 2068.0 million, while net income saw a 76.0% increase to USD 169.0 million. This impressive performance highlights the company’s potential for further growth in the coming years and makes CAMPBELL SOUP an attractive option for investors looking for reliable returns.
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