Filing Flows › Campbell's (CPB) › Q2 FY25
Campbell's (CPB) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Mar 5, 2025
Campbell's (CPB) reported revenue of $2.7B for the second quarter fiscal 2025 (Q2 FY25), +9% from a year earlier and -3% from the quarter before. Operating margin was 12.2%, net earnings $173M (6.4% of revenue).
Campbell's, Q2 FY25: revenue $2.7B (+9% year over year), operating margin 12.2%, net earnings $173M, operating cash flow $512M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | -3% | +9% |
| Operating profit | $327M | -11% | +3% |
| Net earnings | $173M | -21% | -15% |
| Operating cash flow | $512M | +128% | +0.4% |
| Free cash flow | $411M | +257% | +5% |
What changed
Revenue was $2.7B in Q2 FY25, up 9% year over year and down 3% from the previous quarter. Snacks was the largest line at 39% of revenue. Other Simple Meals added $0.29B year over year (up 91%), 126% of the total change. Snacks declined 6%.
Operating profit was $0.33B, a 12.2% margin (down 0.7 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 13% margin then. Total costs grew 10% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+64%). Net earnings were $0.17B, down 15% year over year. The effective tax rate was 30.0%.
Operating cash flow was $0.51B (roughly flat year over year), 296% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.21B. Capital expenditures of $0.10B left free cash flow of $0.41B.
Questions
What was Campbell's revenue in the second quarter fiscal 2025?
Campbell's (CPB) reported revenue of $2.7B for the second quarter fiscal 2025 (Q2 FY25), +9% from a year earlier and -3% from the quarter before.
Was Campbell's profitable in the second quarter fiscal 2025?
Operating profit was $327M (12.2% of revenue) and net earnings $173M.
Source: Campbell's 10-Q on SEC EDGAR.