05/23/2009 (11:39 am)
Campbell profit rises, sales dip
Campbell Soup Co. posted higher quarterly profit, excluding one-time items, helped by higher prices and cost-cutting measures.
The world’s largest soup maker said earnings, excluding restructuring charges, were 48 cents a share in the fiscal third quarter ended May 3, up from 43 cents a year earlier individual health insurance. Campbell’ (CPB, Fortune 500)s year-earlier results exclude a gain from the sale of the Godiva chocolate business and restructuring charges.
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