The Campbell's Company Stock Price, News & Analysis

Campbell's (NASDAQ: CPB) has scheduled its third quarter fiscal 2025 earnings release and conference call for June 2, 2025. The financial results for the period ended April 27, 2025, will be released at 7:15 a.m. ET, followed by an investor conference call and webcast at 8:00 a.m. ET.

CEO Mick Beekhuizen and CFO Carrie Anderson will host the call, which will include a Q&A session with the investment community. Management's prepared remarks and earnings presentation will be available on Campbell's investor relations website. The webcast will be accessible via toll-free numbers for both domestic and international participants.

Campbell's (NASDAQ: CPB) has announced its regular quarterly dividend payment. The Board of Directors has declared a dividend of $0.39 per share on the company's capital stock. The dividend will be paid on August 4, 2025, to shareholders who are recorded as holders of the stock at the close of business on July 3, 2025.

Prego, a Campbell Soup Company (CPB) brand, is launching the #PreGOseason Meal Kit Giveaway to help parents manage end-of-school-year stress. According to a recent survey of 1,600+ parents, 79% consider May as busy as the holidays, while 77% find May the most stressful time for meal prep. Through May 20, 2025, parents can enter at pregoseason.com to win one of 100 meal kits featuring Prego sauces.

Winners will receive a complete meal kit with their choice of five recipes using Prego sauces (Creamy Cheddar Cheese, Creamy Tomato with Ricotta, Creamy Basil Pesto, Homestyle Alfredo, or Traditional Italian), plus a $100 Taskrabbit credit. The initiative aims to simplify family dinnertime during this hectic period.

Campbell's Company (NASDAQ:CPB) has announced key senior management changes to drive growth and accelerate its strategic plan. Elizabeth Duggan has been appointed as President of the Snacks division effective May 12, 2025, while Janda Lukin will assume the newly created role of Chief Growth Officer from June 2, 2025.

Duggan, currently SVP and General Manager of Campbell's Canada, will oversee the Snacks division's growth and margin expansion. She joined Campbell's in 2019 and has delivered significant revenue and earnings growth in her current role. Lukin, presently SVP and Chief Marketing Officer for Snacks, will lead enterprise-wide growth strategies and enhance commercial capabilities.

The changes come as Chris Foley, current President of Snacks, announces his departure after a 25-year career with the company. Both Duggan and Lukin will report to CEO Mick Beekhuizen and join Campbell's Operating Committee as Corporate Officers.

Campbell's Foundation has announced $920,000 in Community Impact Grants to 46 nonprofit organizations across their operating communities. This employee-led grant initiative brings Campbell's (NASDAQ:CPB) fiscal 2025 total grantmaking to over $2.6 million.

Each recipient organization will receive $20,000 to support initiatives focused on food access, healthy living, and neighborhood revitalization. The grants will benefit 30 Campbell's communities, supporting various programs including emergency food services, nutrition education, community gardens, physical activity initiatives, and neighborhood improvement projects.

The recipients span across multiple locations including Austin, Camden, Charlotte, Cincinnati, and international locations like Mexico City and Mississauga. The Foundation, established in 1953, continues its legacy of supporting communities through direct grants, employee matching gifts, and strategic nonprofit partnerships.

Campbell's (NASDAQ:CPB) has appointed Aaron Gwinner as Senior Vice President and Chief Digital & Technology Officer, effective April 14, 2025. Gwinner will spearhead the company's digital transformation strategy and oversee the overall strategy and execution of digital and IT functions, reporting to Dan Poland, Executive Vice President and Chief Enterprise Transformation Officer.

Gwinner brings over 30 years of technology experience, previously serving as Senior Vice President and Chief Information Officer at Reynolds American since 2019. Prior to that, he spent 26 years at The Coca-Cola Company in various roles, including Global Lead, IT Transformation, and Chief Information Officer for digital, marketing and public affairs. He holds a B.S. in information systems from Kennesaw State University and an M.B.A. from Georgia State University.

Campbell's (CPB) reported Q2 fiscal 2025 results with net sales increasing 9% to $2.7 billion, though organic net sales decreased 2%. The company's EBIT rose to $327 million, with adjusted EBIT up 2% to $372 million. Earnings per share were $0.58, while adjusted EPS declined 8% to $0.74.

The Meals & Beverages segment saw 21% sales growth driven by the Sovos Brands acquisition, while organic sales fell 1%. The Snacks segment experienced a 6% decrease in sales, with organic sales down 3%. Year-to-date cash flow from operations reached $737 million, with $283 million returned to shareholders through dividends and share repurchases.

Campbell's updated its fiscal 2025 guidance, now projecting net sales growth of 6-8%, organic net sales between -2% to flat, and adjusted EPS of $2.95-$3.05. The company has achieved $65 million in savings under its $250 million cost savings program announced in September 2024.

Campbell's (NASDAQ: CPB) has announced its participation in the upcoming BofA Securities 2025 Consumer and Retail Conference. President and CEO Mick Beekhuizen and EVP and CFO Carrie Anderson will engage in a fireside chat scheduled for March 11, 2025, at 8:50 a.m. EST.

Investors and interested parties can access a live webcast of the discussion through the Events & Presentations section on Campbell's investor relations website. A replay of the session will be made available on the same platform after the event.