CPB Q3 2016 Earnings Report — Campbell Soup Company Revenue & Financial Results | Market Cap Arena

Campbell Soup CompanyCPB

Q3 2016 Earnings

Reported June 7, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2016	Q2 2016	Q3 2015	QoQ Change	YoY Change
Revenue	$1.9B	—	—	—	—
Op. Income	$247M	—	—	—	—
Gross Margin	35.3%	—	—	—	—
Net Margin	9.9%	—	—	—	—
EPS (Diluted)	$0.59	—	—	—	—
Free Cash Flow	$385M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.2B
GROSS PROFIT	$660M
R&D Expenses	$31M
Selling & Marketing	$228M
General & Administrative	$154M
SG&A Expenses	$382M
Other Expenses	$0
Operating Expenses	$413M
Cost & Expenses	$1.6B
OPERATING INCOME	$247M
Interest Income	$1M
Interest Expense	$29M
Other Income/Expenses	-$7M
INCOME BEFORE TAX	$240M
Income Tax Expense	$55M
Net Income from Continuing Ops	$185M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$185M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$185M
D&A	$76M
EBIT	$269M
EBITDA	$345M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.2B
GROSS PROFIT	$660M
R&D Expenses	$31M
Selling & Marketing	$228M
General & Administrative	$154M
SG&A Expenses	$382M
Other Expenses	$0
Operating Expenses	$413M
Cost & Expenses	$1.6B
OPERATING INCOME	$247M
Interest Income	$1M
Interest Expense	$29M
Other Income/Expenses	-$7M
INCOME BEFORE TAX	$240M
Income Tax Expense	$55M
Net Income from Continuing Ops	$185M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$185M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$185M
D&A	$76M
EBIT	$269M
EBITDA	$345M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$185M
Depreciation & Amortization	$76M
Stock-Based Compensation	$16M
Deferred Income Tax	$18M
Other Non-Cash Items	$35M
Change in Working Capital	$127M
OPERATING CASH FLOW	$457M
Capital Expenditure	-$72M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$23M
NET CASH FROM INVESTING	-$95M
Net Debt Issuance	-$173M
Common Stock Repurchased	-$32M
Common Dividends Paid	-$97M
Other Financing Activities	-$1M
NET CASH FROM FINANCING	-$303M
FREE CASH FLOW	$385M
Net Change in Cash	$77M

Balance Sheet

Item	Amount
Cash & Equivalents	$383M
Short-Term Investments	$0
Net Receivables	$648M
Inventory	$829M
Other Current Assets	$182M
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$2.4B
Goodwill	$2.4B
Intangible Assets	$1.2B
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$94M
TOTAL NON-CURRENT ASSETS	$6.0B
TOTAL ASSETS	$8.1B
Account Payables	$487M
Short-Term Debt	$1.1B
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$2.4B
Long-Term Debt	$2.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$485M
Other Non-Current Liabilities	$993M
TOTAL NON-CURRENT LIABILITIES	$4.0B
TOTAL LIABILITIES	$6.4B
Common Stock	$12M
Additional Paid-In Capital	$342M
Retained Earnings	$2.1B
Treasury Stock	-$639M
Accum. Other Comp. Income	-$144M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	-$2M
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$8.1B
Total Debt	$3.7B
Net Debt	$3.3B