EX-99.1 2 exhibit991segmentrecastfoo.htm EX-99.1 Document

Exhibit 99.1

CAMPBELL SOUP COMPANY
Segment Information
Recast for Change in Business Segments
(millions)
(unaudited)

Three Months EndedThree Months EndedSix
 Months Ended
Three Months EndedNine
Months Ended
Three Months EndedTwelve Months Ended
Fiscal 2021November 1, 2020January 31, 2021January 31, 2021May 2,
2021
May 2,
2021
August 1, 2021August 1, 2021
Net sales
Meals & Beverages$1,363 $1,318 $2,681 $1,062 $3,743 $878 $4,621 
Snacks977 961 1,938 922 2,860 995 3,855 
Total$2,340 $2,279 $4,619 $1,984 $6,603 $1,873 $8,476 

Earnings before interest and taxes
Meals & Beverages$337 $262 $599 $186 $785 $137 $922 
Snacks135 140 275 102 377 137 514 
Corporate income (expense)(10)17 (14)(7)137 130 
Restructuring charges(1)(18)(19)(2)(21)— (21)
Total$461 $461 $401 $862 $272 $1,134 $411 $1,545 




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CAMPBELL SOUP COMPANY
Segment Information
Recast for Change in Business Segments
(millions)
(unaudited)

Three Months EndedThree Months EndedSix
Months Ended
Three Months EndedNine
Months Ended
Three Months EndedTwelve Months Ended
Fiscal 2020October 27, 2019January 26, 2020January 26, 2020April 26, 2020April 26, 2020August 2, 2020August 2, 2020
Net sales
Meals & Beverages$1,223 $1,252 $2,475 $1,233 $3,708 $1,039 $4,747 
Snacks960 910 1,870 1,005 2,875 1,069 3,944 
Total$2,183 $2,162 $4,345 $2,238 $6,583 $2,108 $8,691 

Earnings before interest and taxes
Meals & Beverages$290 $249 $539 $279 $818 $191 $1,009 
Snacks117 129 246 150 396 129 525 
Corporate income (expense)(87)(21)(108)(156)(264)(154)(418)
Restructuring charges(3)(7)(10)— (10)(9)
Total$317 $317 $350 $667 $273 $940 $167 $1,107 
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CAMPBELL SOUP COMPANY
Segment Information
Recast for Change in Business Segments
(millions)
(unaudited)
Three Months EndedThree Months EndedSix
 Months Ended
Three Months EndedNine
Months Ended
Three Months EndedTwelve Months Ended
Fiscal 2019October 28, 2018January 27, 2019January 27, 2019April 28, 2019April 28, 2019July 28,
2019
July 28,
2019
Net sales
Meals & Beverages$1,257 $1,250 $2,507 $1,037 $3,544 $825 $4,369 
Snacks945 921 1,866 916 2,782 955 3,737 
Corporate— — — 
Total$2,202 $2,172 $4,374 $1,953 $6,327 $1,780 $8,107 

Earnings before interest and taxes
Meals & Beverages$296 $259 $555 $212 $767 $156 $923 
Snacks119 126 245 121 366 128 494 
Corporate income (expense)(71)(58)(129)(86)(215)(192)(407)
Restructuring charges(18)(2)(20)(2)(22)(9)(31)
Total$326 $326 $325 $651 $245 $896 $83 $979 









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