Campbell Soup Company (CPB) - NYSE
  • Wed, Jul. 20, 2:01 PM
    • Campbell Soup (CPB -2.7%) turns lower as the company gets into the meaty part of its Investor Day presentation.
    • Full-year guidance is for sales growth of -2% to -1% vs. -1% to 0% prior. Adjusted EPS is expected to rise 11% to 13% to a range of $2.93 to $3.00 vs. $2.98 consensus.
    • The company is passing on issuing FY17 guidance until September 1.
    • Campbell Soup Investor Day webcast
    | Wed, Jul. 20, 2:01 PM | 3 Comments
  • Wed, Jul. 20, 10:11 AM
    • Kellogg (K -3%) slides after CNBC reports that the company is not in talks with Kraft Heinz (KHC -0.8%).
    • General Mills (GIS -0.7%), Lifeway Foods (LWAY -2.1%), and Campbell Soup (CPB -0.5%) are also underperforming. A decent slice of the food sector trades with a M&A premium baked in.
    | Wed, Jul. 20, 10:11 AM | 2 Comments
  • Wed, Jul. 13, 11:35 AM
    • It's steady as she goes again for the group of well-known consumer staples stocks that investors continue to find appealing amid global volatility and low interest rates.
    • Procter & Gamble (PG +0.2%), Colgate-Palmolive (CL +0.4%), Clorox (CLX +0.6%), Kimbery-Clark (KMB +0.3%), Coca-Cola (KO +0.2%), PepsiCo (PEP +0.7%), Altria Group (MO +0.5%), Philip Morris International (PM +0.1%), Church & Dwight (CHD +0.3%), and Unilever (UN, UL) have all outperformed the S&P 500 Index this year with returns ranging from 7% to 18%. Kraft Heinz (KHC +1%), Energizer (ENR -0.6%), Hershey (HSY +0.4%), Campbell Soup (CPB +0.3%), and J.M. Smucker (SJM +0.4%) are all up at least 20% YTD.
    • Goldman Sachs has an explanation on why a generous valuation is warranted for the staples favorites.
    • "We raise our average Staples target multiples to 20-22X P/E, up from the 19-20X range prior, to reflect the recent decline in 10-year yield as well as some likelihood of a slower rise in yield over the next 12 months and broader market volatility," wrote the MNST)+(NYSE:STZ)+(NYSE:PF)/11822884.html" target="_blank">analyst team covering the sector in a note to investors.
    • Top consumer staples picks from GS include Monster Beverage (MNST +0.4%), Constellation Brands (STZ +0.2%), Pinnacle Foods (PF +1.2%), and Post Holdings (POST +0.5%).
    • Consumer staples ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC.
    | Wed, Jul. 13, 11:35 AM | 18 Comments
  • Mon, Jul. 11, 2:12 PM
    • A bill requiring food companies to label GMO ingredients was approved by the U.S. Senate by a 63 to 30 vote and now heads to the House of Representatives.
    • The negotiated bill requires food companies to label genetically modified food by a phrase, symbol on the package, or a bar code that can be scanned by smartphones.
    • The Department of agriculture still has two years to write the precise labeling rules if the House approves the bill.
    • The passage of the bill is seen as a positive for the food sector as the alternative of having to adhere to state-by-state rules could create operational chaos for national sellers.
    • Food stocks: SENEA, SENEB, THS, OTCPK:NCRA, CPB, MDLZ, GIS, OTCPK:NSRGY,  FLO, CAG, DF, SJM,DF, ANFI, JJSF, WWAV, UL, OTCQX:DANOY, OTCPK:PLATF, POST, K, PEP, DMND, PF, HAIN, KO, BETR, KHC, WILC, PPC, PF, LWAY, HRL, TSN, DTEA, SAFM, BRID.
    | Mon, Jul. 11, 2:12 PM | 30 Comments
  • Fri, Jul. 1, 7:30 AM
    • June monthly performance was: +1.86%
    • AUM of $15.4B
    • 52-week performance vs. the S&P 500 is: +4%
    • $0.07 in dividends were paid in June
    • Top 10 Holdings as of 3/31/2016: General Mills Inc (GIS): 3.41805%, AT&T Inc (T): 3.01284%, Coca-Cola Co (KO): 2.95236%, Campbell Soup Co (CPB): 2.78964%, Exelon Corp (EXC): 2.28957%, The Hartford Financial Services Group Inc (HIG): 2.24568%, Heineken NV (OTCQX:HINKF): 2.15959%, The Kraft Heinz Co (KHC): 1.97668%, Suncor Energy Inc (SU): 1.86666%, PPL Corp (PPL): 1.86557%
    | Fri, Jul. 1, 7:30 AM
  • Tue, Jun. 28, 7:07 PM
    • Coca-Cola (NYSE:KO) says it expects to pull some of its beverages from Vermont stores as the state imposes a new law this week requiring all products made with genetically modified organisms to include warning labels.
    • While KO says its top beverages will stay on shelves, including Coca-Cola, Diet Coke and Coke Zero, some smaller brands or configurations may disappear for now.
    • Kellogg (NYSE:K), Campbell Soup (NYSE:CPB) and Mars previously said they would bow to the Vermont law and begin labeling their products for GMOs.
    | Tue, Jun. 28, 7:07 PM | 33 Comments
  • Wed, Jun. 22, 5:17 PM
    • Campbell Soup Company (NYSE:CPB) declares $0.312/share quarterly dividend, in line with previous.
    • Forward yield 1.99%
    • Payable Aug. 1; for shareholders of record July 11; ex-div July 7.
    | Wed, Jun. 22, 5:17 PM
  • Wed, Jun. 15, 10:05 AM
    • Panera Bread (PNRA +0.1%) is beginning to flex its muscles in the grocery store channel in what could be an increasing challenge to major food companies such as General Mills (GIS +0.2%), Campbell Soup (CPB -0.5%), Hormel Foods (HRL +0.2%), and Kraft Heinz (KHC +0.1%).
    • Some analysts think that Panera's strong brand recognition with consumers as a healthy alternative gives it a chance to dent the dominance of canned soup and canned meat sellers.
    • Campbell Soup CEO Denise Morrison was put on the defensive on the company's last earnings call about the threat from Panera and others in the chilled soup category.
    • Morrison talked about the smaller base that Panera is growing from, but also conceded that the company would have to stay active in the fresh and organic categories - instead of just relying on its iconic brands.
    • Campbell Soup earnings call transcript
    • Previously: Panera Bread's clean commitment extends to grocery stores (June 15)
    | Wed, Jun. 15, 10:05 AM | 9 Comments
  • Thu, Jun. 2, 9:24 AM
    • May monthly performance was: +0.27%
    • AUM of $14.7B
    • 52-week performance vs. the S&P 500 is: +5%
    • No dividends were paid in May
    • Top 10 Holdings as of 3/31/2016: General Mills Inc (GIS): 3.42%, AT&T Inc (T): 3.01%, Coca-Cola Co (KO): 2.95%, Campbell Soup Co (CPB): 2.79%, Exelon Corp (EXC): 2.29%, The Hartford Financial Services Group Inc (HIG): 2.25%, Heineken NV (OTCQX:HINKF): 2.16%, The Kraft Heinz Co (KHC): 1.98%, Suncor Energy Inc (SU): 1.87%, PPL Corp (PPL): 1.87%
    | Thu, Jun. 2, 9:24 AM
  • Mon, May 23, 9:39 AM
    • Athlos Research forecasts food input costs will rise 1.9% over the next six months which will increase the pressure on companies to use pricing to offset the inflation.
    • Strong price gains are expected in the fruits/vegetables, softs/sweetners, and oils categories - while proteins, dairy, and grainscosts  are expected to fall back.
    • The impact on profit varies across the sector. A negative EBIT impact from cost inflation is forecast for Coca-Cola (NYSE:KO), PepsiCo (NYSE:PEP), Cott (NYSE:COT), Dr. Pepper Snapple (NYSE:DPS), Campbell Soup (NYSE:CPB), Pinnacle Foods (NYSE:PF), and Hormel (NYSE:HRL). Foods cost inflation will have a positive impact on EBIT for Post Holdings (NYSE:POST), Dean Foods (NYSE:DF), Hershey (NYSE:HSY), and Fresh Del Monte Products (NYSE:FDP), according to the Athlos estimate.
    | Mon, May 23, 9:39 AM | 3 Comments
  • Fri, May 20, 8:14 AM
    • Campbell Soup (NYSE:CPB) reports comparable organic sales fell 2% in FQ3, driven by lower volume and higher promotional spending.
    • Acquisition contributed 1 percentage point of growth to the sales in the quarter.
    • Total volume and mix dropped 2% for the period.
    • Revenue by segments: Americas simple meals and beverages: $999M (-3%); Global biscuits and snacks: $608M (-2%); Campbell fresh: $263M (+6%).
    • Adjusted gross margin rate improved 40 bps to 37% driven by productivity improvements and higher selling prices.
    • Adjusted EBIT decreased 5% to $312M.
    • FY2016 Guidance: Net sales: -1 to 0%; Adjusted EBIT: +11% to +13%; Adjusted EPS: $2.93 to $3 (+11% to +13%).
    • CPB -2.84% premarket.
    | Fri, May 20, 8:14 AM
  • Fri, May 20, 7:19 AM
    • Campbell Soup (NYSE:CPB): FQ3 EPS of $0.65
    • Revenue of $1.87B (-1.6% Y/Y) misses by $40M.
    • Press Release
    | Fri, May 20, 7:19 AM
  • Thu, May 19, 5:30 PM
  • Mon, May 2, 7:30 AM
    • April monthly performance was: +1.25%
    • AUM of $14B
    • 52-week performance vs. the S&P 500 is: +7%
    • No dividends were paid in April
    • Top 10 Holdings as of 12/31/2015: General Mills Inc (GIS): 3.41%, Coca-Cola Co (KO): 2.73%, Campbell Soup Co (CPB): 2.68%, AT&T Inc (T): 2.57%, Heineken NV (OTCQX:HINKF): 2.37%, The Kraft Heinz Co (KHC): 1.98%, Eli Lilly and Co (LLY): 1.9%, Exelon Corp (EXC): 1.88%, Walgreens Boots Alliance Inc (WBA): 1.87%, PPL Corp (PPL): 1.82%
    | Mon, May 2, 7:30 AM
  • Mon, Apr. 4, 7:32 AM
    • March monthly performance was: +6.31%
    • AUM of $12.6B
    • 52-week performance vs. the S&P 500 is: -1%
    • $0.07 in dividends were paid in March
    • Top 10 Holdings as of 12/31/2015: General Mills Inc (GIS): 3.41%, Coca-Cola Co (KO): 2.73%, Campbell Soup Co (CPB): 2.68%, AT&T Inc (T): 2.57%, Heineken NV (OTCQX:HINKF): 2.37%, The Kraft Heinz Co (KHC): 1.98%, Eli Lilly and Co (LLY): 1.9%, Exelon Corp (EXC): 1.88%, Walgreens Boots Alliance Inc (WBA): 1.87%, PPL Corp (PPL): 1.82%
    | Mon, Apr. 4, 7:32 AM
  • Wed, Mar. 23, 5:39 PM
    • Campbell Soup (NYSE:CPB) declares $0.312/share quarterly dividend, in line with previous.
    • Forward yield 1.97%
    • Payable May 2; for shareholders of record April 11; ex-div April 7.
    | Wed, Mar. 23, 5:39 PM | 2 Comments
Company Description
Campbell Soup Co. engaged in manufacturing and marketing of convenience food products includes soup and sauces, baked snacks and healthy beverages through its subsidiaries. It operates through five segments: U.S. Simple Meals, Global Baking and Snacking, International Simple Meals & Beverages,... More
Industry: Processed & Packaged Goods
Country: United States