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Campbell Soup raises FY23 adjusted EPS view to $2.90-$3.00 from $2.85-$2.95

Consensus $2.91. Raises FY23 revenue view to up 7%-9% from up 4%-6%, consensus $9B. Sees FY23 adjusted EBIT up 2.5%-6.5%. The company said, "Based on the company’s strong first quarter results which reflect continued demand for its products and improved supply chain execution, Campbell is raising its full-year fiscal 2023 net sales, adjusted EBIT and adjusted EPS guidance provided on September 1, 2022, while taking into account the volatile economic environment."

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