Campbell's says it earned $274 million, or 71 cents per share, for the three months ended January 27. But sales climbed to $2.2 billion, up more than 7 percent from a year ago.
Excluding earnings from discontinued operations, profit edged up slightly. The company is selling its Godiva Chocolatier business.
Campbell's said sales of its condensed soup dipped slightly but ready-to-serve soup sales were up by 8 percent.
Campbell shares rose about 4 percent this morning.
