Net earnings for the quarter were $279 million, or 82 cents a share, compared with $304 million, or 87 cents a share, a year earlier.
Sales fell to $2.172 billion.
Analysts were expecting earnings of 83 cents a share on sales of $2.2 billion.Campbell Soup said U.S. soup sales fell 5% in the quarter, while U.S. beverage sales jumped 10%. The company reiterated its 2011 guidance. -- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.