Campbell to Share Next Phase of Growth Strategy at Investor Day

Rhea-AI Summary

Campbell Soup Company (NYSE: CPB) will host its Investor Day on December 14, 2021, from 9:00 a.m. ET to 12:00 p.m. ET. Key executives, including CEO Mark Clouse, will discuss the company's turnaround strategy and future plans. Topics include enhancing the Snacks segment led by Valerie Oswalt, updating the Meals & Beverages strategy by Chris Foley, and CFO Mick Beekhuizen's insights on strong cash flow and shareholder value. A live webcast will be available, along with a replay and transcript post-event.

Positive

• Focus on executing a turnaround plan since 2019.
• Strategies to enhance growth in Snacks and Meals & Beverages segments.
• Commitment to strong cash flow generation and disciplined capital allocation.

Negative

• None.

CAMDEN, N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) executives will present at the company’s Investor Day tomorrow, Tuesday, Dec. 14, 2021 from 9:00 a.m. ET to approximately 12:00 p.m. ET, as previously announced. The meeting will be held virtually.

Management presentations will include:

• Mark Clouse, President and Chief Executive Officer, will provide an update on the company’s progress against the turnaround plan presented at Investor Day in 2019 and share Campbell’s strategic plan to unlock its full growth potential.

• Valerie Oswalt, Executive Vice President and President, Snacks, on plans to elevate Snacks growth and margins.

• Chris Foley, Executive Vice President and President, Meals & Beverages, on transforming center store for the next generation, including the next phase of the company’s Win in Soup strategy and plans to grow the company’s sauce business.

• Mick Beekhuizen, Executive Vice President and Chief Financial Officer, detailing how Campbell is creating differentiated shareholder value. Beekhuizen will review the company’s outlook for strong cash flow generation and disciplined capital allocation.

A webcast, including audio, video and presentation slides will be available here. A live question-and-answer session will follow management’s prepared remarks.

Participants are encouraged to pre-register for this event at the above link and log in to the webcast approximately 5-10 minutes prior to the start of the event. Questions for presenters may be entered at any time during the event on the webcast dashboard.

A replay of the full video webcast and a full transcript, including the Q&A session, will be available within 48 hours following the conclusion of the event at investor.campbellsoupcompany.com.

About Campbell Soup Company

For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. Our portfolio includes iconic brands such as Campbell’s, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyder’s of Hanover, Swanson and V8. Campbell has a heritage of giving back and acting as a good steward of the environment. The company is a member of the Standard & Poor's 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211213005945/en/

Investor Contact:

Rebecca Gardy

(856) 342-6081

Rebecca_Gardy@campbells.com



Media Contact:

James Regan

(856) 219-6409

James_Regan@campbells.com

Source: Campbell Soup Company

FAQ

When is Campbell Soup Company's Investor Day in 2021?

Campbell Soup Company's Investor Day is on December 14, 2021, from 9:00 a.m. ET to 12:00 p.m. ET.

Who will present at Campbell Soup Company's Investor Day?

Key executives, including CEO Mark Clouse and CFO Mick Beekhuizen, will present at the Investor Day.

What will be discussed during Campbell Soup Company's Investor Day?

Discussions will include the turnaround plan, growth strategies for Snacks and Meals & Beverages, and shareholder value.

Where can I watch the Campbell Soup Company Investor Day?

The event will be available via live webcast, with a replay accessible within 48 hours.

What is the stock symbol for Campbell Soup Company?

The stock symbol for Campbell Soup Company is CPB.