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