Nov 22 Campbell Soup Co, the world's
largest soupmaker, reported a better-than-expected quarterly
profit on Tuesday, helped by cost-cutting and lower commodity
The company's net income jumped to $292 million, or 94 cents
per share, in the first quarter ended Oct. 30, from $194
million, or 62 cents per share a year earlier.
Excluding certain items, Campbell Soup earned $1.00 per
share, beating analysts' average estimate of 95 cents per share,
according to Thomson Reuters I/B/E/S.
Net sales were little changed at $2.20 billion and were in
line with analysts' expectations.
(Reporting by Gayathree Ganesan in Bengaluru; Editing by Sai