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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.

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McCain Foods USA, Campbell Soup Company, and the Soil Health Institute have been awarded $6.9 million by the USDA's Regional Conservation Partnership Program to implement climate-smart practices on over 6,000 acres of farmland in Wisconsin and Maine.
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Artisan chocolatier Phillip Ashley has unveiled a limited edition Campbell's recipe-inspired chocolate truffles called the Holiday Sides Collection. The collection features six soup-infused savory chocolate flavors inspired by Campbell's holiday recipes. According to Campbell's 'State of the Sides' report, 67% of Americans prefer side dishes over the main course, and the most popular side dishes this year include mashed potatoes, stuffing/dressing, mac and cheese, yams/sweet potatoes, and green bean casserole. The report also reveals that sides are a way to bring cultural heritage to the Thanksgiving table, and nearly 6 in 10 Americans will celebrate Friendsgiving in 2023.
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Campbell Soup Company receives additional information request from FTC for proposed acquisition of Sovos Brands.
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Campbell Soup Company declares regular quarterly dividend of $0.37 per share.
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Campbell Soup Company executives to participate in virtual fireside chat at TD Cowen Sipping & Snacking Summit
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Campbell Soup Company reports strong Q4 and FY2023 results, with net sales increasing to $2.1 billion and $9.4 billion respectively. Organic net sales also saw growth of 5% and 10%. Earnings per share (EPS) increased to $0.57 and $2.85, while adjusted EPS decreased to $0.50 and $3.00. The company returned $589 million to shareholders. The acquisition of Sovos Brands is expected to close by December 2023. CEO expects sustained growth and margin improvement in Snacks and steady improvement in Meals & Beverages.
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Campbell Soup Company (NYSE: CPB) will report its Q4 fiscal 2023 financial results on August 31, 2023. The investor conference call and webcast will be hosted by Mark Clouse (CEO) and Carrie Anderson (CFO) at 8:00 a.m. ET. Interested parties can listen to the webcast at investor.campbellsoupcompany.com/events-presentations/. Call-in details: Toll Free Dial-In Number: (888) 210-3346, International Dial-In Number: +1 (646) 960-0253, Conference ID: 2518868. A transcript and webcast replay will be available on the company's website within 24 hours.
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Campbell Soup Company (NYSE: CPB) has entered into an agreement to acquire Sovos Brands, Inc. for $2.7 billion. The acquisition will strengthen and diversify Campbell's portfolio by adding a high-growth, premium brand portfolio. Sovos Brands had annual adjusted net sales of $837 million in 2022 and offers a variety of premium products including pasta sauces, soups, frozen entrées, and yogurts. The acquisition is expected to be accretive to adjusted diluted earnings per share by the second year.
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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