Campbell Soup(CPB)

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CEO's General Mills Stake Shrinks by Half
24/7 Wall Street· 2024-02-25 15:45
CEO's General Mills Stake Shrinks by Half Wolterk / iStock Editorial via Getty Images Investors can learn much by paying attention to the behavior of corporate insiders when it comes to positions in their own companies. People may part with shares for various reasons (such as buying a house, paying for college, or preparing for retirement). They generally buy for only one reason: they expect to make more money.Often, one of the largest and best-informed shareholders in any company is the chief executive o ...
Campbell's® and Parks Project Unveil Exclusive 'Winter Warmth' Capsule Collection
Prnewswire· 2024-02-22 16:00
Beginning Feb. 22 at 11 a.m. EST / 8 a.m. PST, brand fans can enter the official drawing on the NTWRK mobile app for a chance to purchase one of 75 Campbell's x Parks Project "Winter Warmth" bundles. Available in adult and kid's sizes, winners of the drawing will be selected on Feb. 27 at 8 p.m. EST / 5 p.m. PST via the NTWRK app. Inspired by the season's snowy landscapes and the iconic packaging of Campbell's, the exclusive collection features reversible fleeces, accompanied by a coordinating beanie – pe ...
Campbell to Report Second Quarter Fiscal 2024 Results on March 6, 2024
Businesswire· 2024-02-21 13:30
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that it will report its second-quarter fiscal 2024 financial results on March 6, 2024. Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financial Officer will host an investor conference call and webcast at 8:00 a.m. ET to review these results. The company’s second-quarter earnings press release will be distributed prior to the call. All interested parties are invited ...
Campbell Names Anthony Kyles Chief Customer Officer of Meals & Beverages
Businesswire· 2024-02-20 21:30
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced the appointment of Anthony Kyles as Chief Customer Officer, Meals & Beverages, effective March 4, 2024. Kyles will lead the U.S. retail sales team for Campbell’s soups, meals, sauces and beverages, driving growth across the Meals & Beverages division with the company’s retail customers. He will be responsible for profitably growing an iconic portfolio of brands, including Campbell’s, Chunky, Pacific Foods, V8, Prego, Pace, S ...
Campbell and Sovos Brands Certify Substantial Compliance with Second Request from FTC; Begins the Start of 30-Day Waiting Period
Newsfilter· 2024-02-13 21:30
CAMDEN, N.J. and LOUISVILLE, Colo., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Campbell Soup Company (NYSE:CPB) and Sovos Brands, Inc. (NASDAQ:SOVO) today announced that both companies have certified substantial compliance with the Request for Additional Information and Documentary Materials ("Second Request") issued by the Federal Trade Commission (FTC) regarding Campbell's proposed acquisition of Sovos Brands. The certification of substantial compliance triggers the start of a 30-day waiting period which is expect ...
Here's Why Campbell Soup (CPB) is a Strong Value Stock
Zacks Investment Research· 2024-02-08 15:40
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are t ...
Surprise: 42% of Campbell's Profits Come From Something That Has Nothing to Do With Soup
The Motley Fool· 2024-01-07 10:35
In 1869, a commercial canner named Abraham Anderson joined forces with a vegetable vendor named Joseph Campbell. In no time, the duo had a hit product: canned beefsteak tomato soup. In 1922, the company couldn't deny the importance of soup to its business any longer, and officially renamed itself the Campbell Soup Company (CPB 0.32%).For Campbell, soup is its middle name -- literally! Its importance to the company can't be denied. However, today, 42% of its profits come from a food business it got into a lo ...
Campbell Soup(CPB) - 2024 Q1 - Earnings Call Transcript
2023-12-06 15:40
Campbell Soup Company (NYSE:CPB) Q1 2024 Earnings Conference Call December 6, 2023 8:00 AM ET Company Participants Rebecca Gardy - Chief Investor Relations Officer Mark Clouse - Chief Executive Officer Carrie Anderson - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Robert Moskow - TD Cowen Jason English - Goldman Sachs Jim Salera - Stephens Operator Greetings, ladies and gentlemen, and welcome to the Campbell Soup Company First Quarter Fiscal 2024 Earnin ...
Campbell Soup(CPB) - 2024 Q1 - Earnings Call Presentation
2023-12-06 13:04
$ Millions Q1 FY24 Adjusted EBIT* Bridge Adjusted EBIT margin decline largely driven by an expected step-up in adjusted marketing and selling expenses, and the expected 20 bps impact due to changes in pension and postretirement benefit income $449 $(21) $(19) $3 $(5) $407 | --- | --- | --- | --- | --- | --- | --- | |-------|---------|-------------------------------|----------------------------------------|-----------------------------------------|-------------------------------------|---------| | | Q1 FY23 ...
Campbell Soup(CPB) - 2024 Q1 - Quarterly Report
2023-12-05 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended Commission File Number October 29, 2023 1-3822 CAMPBELL SOUP COMPANY New Jersey 21-0419870 State of Incorporation I.R.S. Employer Identification No. 1 Campbell Place Camden, New Jersey 08103-1799 Principal Executive Of ices Telephone Number: (856) 342-4800 Securities registered pursuant to Section 12(b) of the ...