date:May 23, 2012
Announcing its Q3 2012 earnings yesterday, Campbells said that US beverages grew value sales to $208m, 5% up on Q3 2011 figures, but operating earnings fell to $45m from $54m.
Overall Q3 2012 sales of $1.8bn were even, the firm said, but net earnings for the quarter ending April 29 were $177m compared to $187m in Q3 2011.
Campbells said that US beverage sales growth was driven by double-digit gains for V8 Splash beverages and gains in V8 V-Fusion beverages, while sales benefited from new pro