EX-99.1 2 exhibit991quarterlyrecasts.htm EXHIBIT 99.1 Exhibit



Exhibit 99.1

CAMPBELL SOUP COMPANY
Segment Information
Recast for Change in Business Segments
(millions)
(unaudited)
 
 
Three Months Ended
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Twelve Months Ended
Fiscal 2018
 
October 29, 2017
 
January 28, 2018
 
January 28, 2018
 
April 29, 2018
 
April 29, 2018
 
July 29, 2018
 
July 29, 2018
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Meals and Beverages
 
$
1,239

 
$
1,214

 
$
2,453

 
$
1,029

 
$
3,482

 
$
811

 
$
4,293

Global Biscuits and Snacks
 
688

 
708

 
1,396

 
843

 
2,239

 
1,180

 
3,419

Campbell Fresh
 
234

 
257

 
491

 
251

 
742

 
228

 
970

Corporate
 
—

 
1

 
1

 
2

 
3

 
—

 
3

Total
 
$
2,161

 
$
2,180

 
$
4,341

 
$
2,125

 
$
6,466

 
$
2,219

 
$
8,685



Earnings (loss) before interest and taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Meals and Beverages
 
$
331

 
$
284

 
$
615

 
$
219

 
$
834

 
$
158

 
$
992

Global Biscuits and Snacks
 
117

 
137

 
254

 
121

 
375

 
155

 
530

Campbell Fresh
 
(6
)
 
(11
)
 
(17
)
 
(19
)
 
(36
)
 
(7
)
 
(43
)
Corporate
 
(28
)
 
(134
)
 
(162
)
 
(772
)
 
(934
)
 
(14
)
 
(948
)
Restructuring charges
 
(2
)
 
(33
)
 
(35
)
 
(24
)
 
(59
)
 
(3
)
 
(62
)
Total
 
$
412

 
$
243

 
$
655

 
$
(475
)
 
$
180

 
$
289

 
$
469





5


CAMPBELL SOUP COMPANY
Segment Information
Recast for Change in Business Segments
(millions)
(unaudited)
 
 
Three Months Ended
 
Three Months Ended
 
Six Months Ended
 
Three Months Ended
 
Nine Months Ended
 
Three Months Ended
 
Twelve Months Ended
Fiscal 2017
 
October 30, 2016
 
January 29, 2017
 
January 29, 2017
 
April 30, 2017
 
April 30, 2017
 
July 30, 2017
 
July 30, 2017
Net sales
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Meals and Beverages
 
$
1,297

 
$
1,231

 
$
2,528

 
$
982

 
$
3,510

 
$
815

 
$
4,325

Global Biscuits and Snacks
 
671

 
680

 
1,351

 
623

 
1,974

 
624

 
2,598

Campbell Fresh
 
234

 
260

 
494

 
248

 
742

 
225

 
967

Total
 
$
2,202

 
$
2,171

 
$
4,373

 
$
1,853

 
$
6,226

 
$
1,664

 
$
7,890


Earnings before interest and taxes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Meals and Beverages
 
$
383

 
$
313

 
$
696

 
$
226

 
$
922

 
$
198

 
$
1,120

Global Biscuits and Snacks
 
112

 
135

 
247

 
98

 
345

 
109

 
454

Campbell Fresh
 
1

 
(3
)
 
(2
)
 
1

 
(1
)
 
(8
)
 
(9
)
Corporate
 
(38
)
 
(241
)
 
(279
)
 
(27
)
 
(306
)
 
159

 
(147
)
Restructuring charges
 
(1
)
 
1

 
—

 
—

 
—

 
(18
)
 
(18
)
Total
 
$
457

 
$
205

 
$
662

 
$
298

 
$
960

 
$
440

 
$
1,400






6


CAMPBELL SOUP COMPANY
Segment Information
Recast for Change in Business Segments
(millions)
(unaudited)
 
 
Twelve Months Ended
Fiscal 2016
 
July 31, 2016
Net sales
 
 
Meals and Beverages
 
$
4,380

Global Biscuits and Snacks
 
2,564

Campbell Fresh
 
1,017

Total
 
$
7,961


Earnings before interest and taxes
 
 
Meals and Beverages
 
$
1,069

Global Biscuits and Snacks
 
422

Campbell Fresh
 
60

Corporate
 
(560
)
Restructuring charges
 
(31
)
Total
 
$
960


7