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The Campbell's Company - CPB STOCK NEWS

Welcome to our dedicated page for The Campbell's Company news (Ticker: CPB), a resource for investors and traders seeking the latest updates and insights on The Campbell's Company stock.

Overview of The Campbell Soup Company (CPB)

The Campbell Soup Company, commonly referred to as Campbell's, is a leading name in the North American packaged food industry. Headquartered in Lakewood, New Jersey, Campbell has built a legacy spanning over 150 years, evolving from its origins as a canned soup manufacturer to a diversified food production company. With a portfolio that includes some of the most recognizable brands in the industry, Campbell serves millions of consumers seeking convenient, high-quality meal and snack options.

Core Business Segments

Campbell operates across several key business segments, reflecting its diverse product offerings:

  • Snacks: Accounting for nearly half of its revenue, this segment includes popular brands such as Pepperidge Farm, Goldfish, Snyder's of Hanover, and recently acquired Rao's. These products cater to a wide range of consumer preferences, from indulgent treats to healthier snack options.
  • Soup: Best known for its iconic red-and-white labeled canned soups, this segment remains a cornerstone of Campbell’s portfolio, contributing significantly to its revenue. The company offers a variety of soup options, including condensed, ready-to-serve, and broth-based products.
  • Other Simple Meals: This category includes meal enhancers and prepared foods under brands like Swanson, Pacific Foods, Prego, and Pace, catering to consumers seeking quick and flavorful meal solutions.
  • Beverages: Campbell’s beverage offerings, such as V8 vegetable juices, provide consumers with nutritious and convenient drink options.

Market Presence and Geographic Reach

Campbell primarily operates in North America, with approximately 90% of its revenue generated in the United States and the remainder coming from Canada and Latin America. Its strong presence in these markets is bolstered by its extensive distribution network and partnerships with major retailers and foodservice providers.

Competitive Landscape

The packaged food industry is highly competitive, with Campbell facing competition from global giants like Nestlé, General Mills, and Kellogg’s. Campbell differentiates itself through its strong brand equity, a diversified portfolio of products, and strategic acquisitions that expand its market share and address emerging consumer trends. For instance, its acquisition of Rao’s reflects a commitment to capturing the growing demand for premium and authentic food products.

Revenue Model and Business Strategy

Campbell generates revenue primarily through the sale of packaged food products to retailers, wholesalers, and foodservice providers. Its business strategy focuses on leveraging its iconic brands while expanding into high-growth categories like snacks. The company also invests in product innovation, sustainability initiatives, and marketing to maintain relevance in a dynamic market.

Challenges and Opportunities

Like many in the food production industry, Campbell faces challenges such as fluctuating raw material costs, supply chain complexities, and evolving consumer preferences. However, its strong brand portfolio, commitment to innovation, and focus on high-demand categories position it well to navigate these challenges. The company’s ability to adapt to trends like health-conscious eating and premiumization is a key factor in its continued success.

Conclusion

With a legacy of over a century, The Campbell Soup Company remains a cornerstone of the packaged food industry. Its diversified portfolio, strong market presence, and strategic approach to growth make it a significant player in North America’s food sector. Investors and industry observers recognize Campbell’s ability to balance tradition with innovation, ensuring its products remain staples in households across its key markets.

Rhea-AI Summary
Campbell Soup Company (CPB) reported Q2 fiscal 2024 results, with net sales of $2.5 billion, a 1% decrease. EBIT was $317 million, Adjusted EBIT $364 million. EPS $0.68, Adjusted EPS $0.80. Reaffirms fiscal 2024 guidance. Expects Sovos Brands, Inc. acquisition by March 2024.
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Campbell Soup Company (NYSE: CPB) executives to participate in fireside chat at BofA Securities 2024 Consumer and Retail Conference. Webcast details provided for investors.
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Campbell Soup Company (CPB) announces a regular quarterly dividend of $0.37 per share, payable on April 29, 2024, to shareholders of record as of April 4, 2024.
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Campbell's and Parks Project collaborate on an exclusive 'Winter Warmth' collection available via the NTWRK app. The limited-edition collection includes fleeces, beanies, and classic Campbell's soups. The partnership aims to promote outdoor moments and support environmental initiatives.
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Campbell Soup Company (CPB) to report second-quarter fiscal 2024 financial results on March 6, 2024. Investor conference call hosted by CEO and CFO. Webcast available for interested parties. Call-in details provided for participation.
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Campbell Soup Company (CPB) appoints Anthony Kyles as Chief Customer Officer for Meals & Beverages, aiming to drive growth and profitability with iconic brands.
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Campbell Soup Company (CPB) reported net sales of $2.5 billion for the first quarter of fiscal 2024, showing a 2% decrease, or 1% on an organic basis. EBIT was $358 million, and adjusted EBIT was $407 million, down 9%. EPS was $0.78, and adjusted EPS was $0.91, down 11%. The company reaffirms its full-year fiscal 2024 guidance and expects the acquisition of Sovos Brands, Inc. to close in calendar year 2024.
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Campbell Soup Company (CPB) declares a regular quarterly dividend of $0.37 per share, payable on Jan. 29, 2024, to shareholders of record as of Jan. 4, 2024.
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Campbell Soup Company (CPB) will report its Q1 fiscal 2024 financial results on December 6, 2023. The investor conference call and webcast at 8:00 a.m. ET will be hosted by Mark Clouse, President and CEO, and Carrie Anderson, EVP and CFO. The company's earnings press release will be distributed prior to the call. Interested parties can listen to the webcast at investor.campbellsoupcompany.com/events-presentations/
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Campbell Soup Company (CPB) appoints Charles A. Brawley, III as Executive Vice President, General Counsel and Corporate Secretary, effective Nov. 30, 2023. He succeeds Adam Ciongoli, who has accepted a role at another company. Brawley's expanded role includes overseeing the Legal department, Government Affairs, Global Security, and Corporate Responsibility and Sustainability. He will report to President and CEO Mark Clouse and join Campbell's Operating Committee.
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FAQ

What is the current stock price of The Campbell's Company (CPB)?

The current stock price of The Campbell's Company (CPB) is $41.81 as of March 7, 2025.

What is the market cap of The Campbell's Company (CPB)?

The market cap of The Campbell's Company (CPB) is approximately 11.9B.

What does The Campbell Soup Company produce?

Campbell produces a wide range of packaged foods, including soups, snacks, simple meals, and beverages under iconic brands like Pepperidge Farm, Goldfish, and V8.

How does Campbell generate revenue?

Campbell generates revenue through the sale of packaged food products to retailers, wholesalers, and foodservice providers, with snacks and soups being key contributors.

What are Campbell's major brands?

Major brands under Campbell include Pepperidge Farm, Goldfish, Snyder's of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and Rao's.

Where does Campbell operate?

Campbell primarily operates in North America, with around 90% of its revenue coming from the United States and the rest from Canada and Latin America.

Who are Campbell's main competitors?

Campbell competes with global packaged food companies such as Nestlé, General Mills, and Kellogg’s, as well as regional and niche food producers.

What challenges does Campbell face in the market?

Campbell faces challenges like changing consumer preferences, raw material cost fluctuations, and competition from other major food manufacturers.

What is Campbell’s strategy for growth?

Campbell focuses on leveraging its iconic brands, expanding its snack portfolio, and addressing consumer trends like health-conscious eating and premiumization.

What makes Campbell distinctive in the food industry?

Campbell stands out due to its iconic legacy brands, diversified product offerings, and strategic acquisitions that align with evolving consumer preferences.
The Campbell's Company

NYSE:CPB

CPB Rankings

CPB Stock Data

11.86B
192.75M
35.15%
55.43%
5.07%
Packaged Foods
Food and Kindred Products
Link
United States
CAMDEN