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	<title>Stock Blog Hub &#187; Campbell Soup Company</title>
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		<title>(CPB) Campbell Soup Beats Estimates</title>
		<link>http://www.stockbloghub.com/2009/09/14/cpb-campbell-soup-beats-estimates/15098</link>
		<comments>http://www.stockbloghub.com/2009/09/14/cpb-campbell-soup-beats-estimates/15098#comments</comments>
		<pubDate>Mon, 14 Sep 2009 17:54:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[Campbell Soup Company]]></category>
		<category><![CDATA[CPB]]></category>

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		<description><![CDATA[Campbell Soup Co. (CPB) reported fourth-quarter earnings of 30 cents per share, which was above the Zacks Consensus Estimate of 26 cents. Earnings were also up 15.4% compared to the prior-year quarter. For the full year, profit was $2.22, up 10.4% versus fiscal 2008, primarily driven by effective pricing actions. Quarterly net sales declined 10.9% year over year due to a 2% impact of volume and mix, 1% from increased promotional spending, 4% effect of currency translation and 2% from divestitures and acquisitions. These were partially offset by a 5% benefit from pricing. Organic sales rose 2% for the quarter driven by gains in US soups, US sauces and Canada, which were partially offset by declines in North America food service and U.S. beverages. Sales of the US Soup, Sauces, ]]></description>
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