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Campbell's® Chunky® Teams up with Dexter Lawrence to Kick Off Chunky Sacks Hunger™
Prnewswire· 2024-09-05 12:06
For each sack made across the NFL, Chunky® will make a donation that will help provide meals to families in need. CAMDEN, N.J., Sept. 5, 2024 /PRNewswire/ -- Today, Campbell's® Chunky® announced the third annual Chunky Sacks Hunger™ initiative – a program that partners with NFL teams and Feeding America® to support people and families facing hunger across the country. During the 2024-25 regular season, Chunky will donate 1,000 meals* to Feeding America for every sack made across the NFL, connecting what hap ...
Don't Overlook Campbell Soup: Here's What Could Drive Its Stock
MarketBeat· 2024-09-01 11:00
Campbell Soup NASDAQ: CPB is one of the most well-known food product firms in the United States but it definitely isn't stock on the tip of everyone's tongue in a market dominated by technology and AI. Campbell Soup Today CPB Campbell Soup $49.72 +0.47 (+0.95%) 52-Week Range $37.94 ▼ $50.99 Dividend Yield 2.98% P/E Ratio 20.13 Price Target $47.23 Add to Watchlist However, the company has quietly been having a good 2024, providing a total return above 17%. That's nearly in line with the S&P 500 and outperfor ...
Campbell Soup projects annual sales growth above expectations
Proactiveinvestors NA· 2024-08-29 16:59
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...
Campbell Soup's Q4 Earnings Top Estimates, Organic Sales Dip
ZACKS· 2024-08-29 16:11
Campbell Soup Company (CPB) delivered fourth-quarter fiscal 2024 results, as both the top and bottom lines increased year over year, and earnings beat the Zacks Consensus Estimate. CPB experienced sequential volume improvements and achieved year-over-year margin growth during the quarter. The company made significant progress toward its long-term strategic objectives despite a changing consumer environment. Key highlights of the quarter included a notable recovery in the Meals & Beverages segment, especiall ...
Campbell Soup(CPB) - 2024 Q4 - Earnings Call Transcript
2024-08-29 15:58
Campbell Soup Company (NASDAQ:CPB) Q4 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Rebecca Gardy - Chief IR Officer Mark Clouse - CEO Carrie Anderson - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Michael Lavery - Piper Sandler Jim Salera - Stephens Operator Greetings, ladies and gentlemen, and welcome to the Campbell Soup Company Fourth Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions] As a ...
Compared to Estimates, Campbell (CPB) Q4 Earnings: A Look at Key Metrics
ZACKS· 2024-08-29 14:31
Campbell Soup (CPB) reported $2.29 billion in revenue for the quarter ended July 2024, representing a yearover-year increase of 10.9%. EPS of $0.63 for the same period compares to $0.50 a year ago. The reported revenue represents a surprise of -0.44% over the Zacks Consensus Estimate of $2.3 billion. With the consensus EPS estimate being $0.62, the EPS surprise was +1.61%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...
Campbell Soup (CPB) Beats Q4 Earnings Estimates
ZACKS· 2024-08-29 13:30
Campbell Soup (CPB) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.61%. A quarter ago, it was expected that this maker of canned soup, Pepperidge Farm cookies and V8 juice would post earnings of $0.70 per share when it actually produced earnings of $0.75, delivering a surprise of ...
Campbell Soup(CPB) - 2024 Q4 - Annual Results
2024-08-29 11:18
CAMPBELL REPORTS FOURTH-QUARTER FISCAL 2024 RESULTS; PROVIDES FULL-YEAR FISCAL 2025 GUIDANCE For the fourth quarter: • Net Sales increased 11% to $2.3 billion and decreased 1% on an organic basis. • Earnings Before Interest and Taxes (EBIT) decreased to $77 million. Adjusted EBIT increased 36% to $329 million including the impact of the Sovos Brands, Inc. (Sovos Brands) acquisition. • Earnings Per Share (EPS) decreased to $(0.01). Adjusted EPS increased 26% to $0.63. For the full year: • Net Sales increased ...
Is CPB Stock a Buy, Sell or Hold Post Pop Secret's Divestiture?
ZACKS· 2024-08-28 16:30
Campbell Soup Company (CPB) has been strategically concentrating on bolstering its Snacks division, which has demonstrated strong resilience despite various challenges. As part of its efforts to enhance this focus, CPB has offloaded its Pop Secret popcorn business to Our Home, a company specializing in healthier snack options. Recording net sales of roughly $120 million in fiscal 2024, the Pop Secret business divestiture is anticipated to be dilutive to Campbell Soup's earnings per share (EPS) by nearly 4 c ...
Campbell Soup's Q4 Earnings Coming Up: What Awaits CPB Stock?
ZACKS· 2024-08-27 15:35
Campbell Soup Company (CPB) is likely to register top and bottom-line growth when it reports fourth-quarter fiscal 2024 earnings on Aug. 29. The Zacks Consensus Estimate for revenues is pegged at $2.31 billion, which suggests an increase of 11.5% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 62 cents per share. This indicates growth of 24% from the year-ago quarter's reported figure. CPB has a trailing four-quarter earn ...