Campbell Soup (CPB) Tops Earnings & Revenue Estimates, Raises FY24 Guidance
Campbell Soup (CPB) tops earnings and revenue estimates and raises its FY24 guidance. Morningstar's Erin Lash and Runnymede Capital Management's Andrew Wang discuss Campbell Soup's earnings.
18 hours ago - Schwab Network
Three-Stock Lunch: Hewlett Packard Enterprise, Campbell Soup & Lululemon
Boris Schlossberg, BK Asset Management managing director of FX strategy, joins 'Power Lunch' to discuss plays for three stocks, including Hewlett Packard, Campbell Soup, and Lululemon.
Other symbols: HPELULU
19 hours ago - CNBC Television
Campbell Soup's Food and Beverage Sales Help Offset Slide in Snacks
Campbell Soup (CPB) reported third-quarter revenue that beat analysts' estimates on the strength of its food and beverage sales, though the food giant's snack sales dropped as economic pressures affec...
22 hours ago - Investopedia
Campbell Soup's stock gains after profit and earnings beat expectations, boosted strength in meals and beverages
Shares of Campbell Soup Co. CPB, -0.09% climbed 1.4% in premarket trading Wednesday, after the canned soup, foods and snacks company reported fiscal third-quarter profit and sales that beat expectatio...
1 day ago - Market Watch
Campbell Soup lifts annual net sales forecast as demand recovers
Campbell Soup on Wednesday raised its forecast for annual net sales growth, banking on a recovery in demand for its ready-to-eat soups and meals and from its acquisition of Rao's sauce maker Sovos Bra...
1 day ago - Reuters
Campbell Reports Third-Quarter Fiscal 2024 Results
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its third-quarter fiscal 2024 ended April 28, 2024. Unless otherwise stated, all comparisons are to the same ...
1 day ago - Business Wire
Campbell's Management to Participate in the Evercore ISI Consumer & Retail Conference
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financ...
8 days ago - Business Wire
Campbell to cut 415 jobs as it restructures its manufacturing plants
Campbell Soup on Tuesday said it plans to reduce the size of its Jeffersonville, Indiana site and close Tualatin, Oregon site, leading to 415 job cuts.
8 days ago - Reuters
Campbell Soup makes cost-cutting moves affecting 415 employees
Campbell Soup Co. CPB, -0.55% said Tuesday it plans to shut down a Pacific Foods organic soup plant in Tualatin, Ore., and reduce staff at a site in Jeffersonville, Indiana, in cost-cutting moves that...
9 days ago - Market Watch
Campbell Announces Supply Chain Optimization Plan to Fuel Growth
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced plans as part of an ongoing effort to invest in and transform its supply chain to fuel business growth, improve return ...
9 days ago - Business Wire
Prego® Introduces New Line of Creamy Pesto Sauces, Unlocking New and Flavorful Ways to Shake Up Mealtime
New offering introduces pesto sauces to the predominately red sauce aisle CAMDEN, N.J. , May 20, 2024 /PRNewswire/ -- Campbell Soup Company is introducing a new line to Prego®: Creamy Pesto - a delici...
17 days ago - PRNewsWire
Campbell to Report Third Quarter Fiscal 2024 Results on June 5, 2024, and Host Investor Day in New York City in mid-September 2024
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today announced that it will report its third-quarter fiscal 2024 financial results on June 5, 2024, and will hold its Investor Day in m...
21 days ago - Business Wire
General Mills and Campbell Soup upgraded by Bernstein
Bernstein has upgraded General Mills (GIS) and Campbell Soup Company (CPB) from Underperform to Market Perform, citing volume improvements for both stocks. Yahoo Finance Anchors Josh Lipton and Julie ...
Other symbols: GIS
21 days ago - Yahoo Finance
Campbell Declares Quarterly Dividend
CAMDEN, N.J.--(BUSINESS WIRE)--The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell's capital stock of $0.37 per share. The quarterly divi...
23 days ago - Business Wire
Butterfly Separates Bolthouse Farms' Fresh Produce and Premium Fresh Beverage Businesses
LOS ANGELES--(BUSINESS WIRE)--Today, Butterfly announced the separation of its portfolio company Bolthouse Farms into two standalone entities: Bolthouse Fresh Foods and Generous Brands. Bolthouse Fres...
4 weeks ago - Business Wire
Campbell's Awards $880,000 in Community Impact Grants
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) and The Campbell's Foundation today announced $880,000 in Community Impact Grants to 44 nonprofit organizations positively impacting co...
7 weeks ago - Business Wire
These household-name companies have bonds yielding more than 5%
Bonds issued by a group of household name companies are yielding more than 5% following the recent move in Treasurys, offering handy returns for investors with the right time frame.
Other symbols: CLXDISMCDMMMNFLX
2 months ago - Market Watch
Campbell Soup CEO says Rao's deal is 'a match made in heaven'
Campbell Soup Company (CBP) announced today that it has completed its $2.7 billion acquisition of Sovos Brands, Inc., which touts popular brands like Rao's. The deal was originally slated for December...
3 months ago - Yahoo Finance
Campbell Soup completes $2.33 bln Sovos deal after delays
Campbell Soup has completed the acquisition of Rao's Homemade-owner Sovos Brands , the U.S. packaged food maker said on Tuesday, weeks after receiving clearance from the Federal Trade Commission.
3 months ago - Reuters
Campbell Completes Acquisition of Sovos Brands, Inc.
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, w...
3 months ago - Business Wire
Grilled Cheese and Tomato Soup Lovers Rejoice! Campbell's® Releases Limited-Time Only Flavor
The first ever limited-edition Grilled Cheese and Tomato Soup is available to celebrate National Grilled Cheese Day on April 12 th CAMDEN, N.J. , March 7, 2024 /PRNewswire/ -- Campbell's has announced...
3 months ago - PRNewsWire
Campbell Soup Beat Profit Estimates. Why the Stock Is Falling.
The company kept guidance for the full year unchanged and said top-line sales growth is currently running at the lower end of the range.
3 months ago - Barrons
Campbell Soup beats quarterly estimates on steady demand for quick meals
Campbell Soup edged past market estimates for quarterly sales and profit on Wednesday and stuck to its annual forecasts, helped by steady demand for branded, ready-to-eat meals and strength in its foo...
3 months ago - Reuters
Campbell Reports Second-Quarter Fiscal 2024 Results
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its second-quarter fiscal 2024 ended January 28, 2024. CEO Comments “We once again delivered on our commitmen...
3 months ago - Business Wire
Campbell to Participate in a Fireside Chat at BofA Securities 2024 Consumer and Retail Conference on March 12
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financ...
3 months ago - Business Wire