CPB FY 2017 Earnings Report — Campbell Soup Company Revenue & Financial Results | Market Cap Arena

Campbell Soup CompanyCPB

FY 2017 Earnings

Reported September 27, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$5.8B	—	$8.0B	—	-26.7%
Op. Income	$1.2B	—	$1.4B	—	-11.0%
Gross Margin	41.8%	—	36.8%	—	5.1pp
Net Margin	15.2%	—	7.1%	—	8.1pp
EPS (Diluted)	$2.89	—	$1.81	—	59.7%
Free Cash Flow	$950M	—	$1.1B	—	-17.4%

Revenue Flow

Item	Amount
REVENUE	$5.8B
Cost of Revenue	$3.4B
GROSS PROFIT	$2.4B
R&D Expenses	$93M
Selling & Marketing	$675M
General & Administrative	$448M
SG&A Expenses	$1.1B
Other Expenses	$1M
Operating Expenses	$1.2B
Cost & Expenses	$4.6B
OPERATING INCOME	$1.2B
Interest Income	$0
Interest Expense	$115M
Other Income/Expenses	$91M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$392M
Net Income from Continuing Ops	$924M
Net Income from Discontinued Ops	-$37M
Other Adjustments	$0
NET INCOME	$887M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$887M
D&A	$318M
EBIT	$1.4B
EBITDA	$1.7B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$5.8B
Cost of Revenue	$3.4B
GROSS PROFIT	$2.4B
R&D Expenses	$93M
Selling & Marketing	$675M
General & Administrative	$448M
SG&A Expenses	$1.1B
Other Expenses	$1M
Operating Expenses	$1.2B
Cost & Expenses	$4.6B
OPERATING INCOME	$1.2B
Interest Income	$0
Interest Expense	$115M
Other Income/Expenses	$91M
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$392M
Net Income from Continuing Ops	$924M
Net Income from Discontinued Ops	-$37M
Other Adjustments	$0
NET INCOME	$887M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$887M
D&A	$318M
EBIT	$1.4B
EBITDA	$1.7B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$887M
Depreciation & Amortization	$318M
Stock-Based Compensation	$60M
Deferred Income Tax	$93M
Other Non-Cash Items	-$69M
Change in Working Capital	-$1M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$338M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$30M
NET CASH FROM INVESTING	-$368M
Net Debt Issuance	-$34M
Common Stock Repurchased	-$437M
Common Dividends Paid	-$420M
Other Financing Activities	-$19M
NET CASH FROM FINANCING	-$908M
FREE CASH FLOW	$950M
Net Change in Cash	$23M

Balance Sheet

Item	Amount
Cash & Equivalents	$319M
Short-Term Investments	$0
Net Receivables	$605M
Inventory	$902M
Other Current Assets	$74M
TOTAL CURRENT ASSETS	$1.9B
PP&E (Net)	$2.5B
Goodwill	$2.1B
Intangible Assets	$1.1B
Long-Term Investments	$69M
Tax Assets	$36M
Other Non-Current Assets	$34M
TOTAL NON-CURRENT ASSETS	$5.8B
TOTAL ASSETS	$7.7B
Account Payables	$666M
Short-Term Debt	$1.0B
Deferred Revenue	$0
Other Current Liabilities	$284M
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$2.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$490M
Other Non-Current Liabilities	$697M
TOTAL NON-CURRENT LIABILITIES	$3.7B
TOTAL LIABILITIES	$6.1B
Common Stock	$12M
Additional Paid-In Capital	$359M
Retained Earnings	$2.4B
Treasury Stock	-$1.1B
Accum. Other Comp. Income	-$53M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.6B
Minority Interest	$8M
TOTAL EQUITY	$1.6B
TOTAL LIABILITIES & EQUITY	$7.7B
Total Debt	$3.5B
Net Debt	$3.2B