Campbell Soup Company (CPB) - NYSE
  • Thu, Mar. 10, 9:54 AM
    • RBC Capital lifts its price targets on two consumer staples heavyweights.
    • Coca-Cola (KO +0.6%) is assigned a fresh of $51. KO is +4.5% YTD to $44.90. Shares yield 3.11%.
    • Reynolds American (RAI +1.4%) earns a PT of $57. RAI is +12.8% YTD to $52.14. Shares yield 3.22%.
    • There's been some debate that the run of consumer staples stocks is poised to end, but SA contributor Daryl Montgomery argues the sector is still a safe play on a technical view.
    • Earlier this week, Evercore ISI's Rick Ross also came in positive on the sector (CNBC video).
    • "You probably can't do much better than owning the staples on this breakout from a multiyear trading range ... against the backdrop of a world where yields are extremely low,"said Ross
    • Related stocks: PM, PG, PEP, CL, ADM, KMB, STZ, DPS, SJM, HRL, CHD, TSN, HSY, CPB, [[BF.]], BF.B.
    • Related ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC.
    | Thu, Mar. 10, 9:54 AM | 9 Comments
  • Wed, Mar. 2, 10:10 AM
    • February monthly performance was: +1.51%
    • AUM of $12.1B
    • 52-week performance vs. the S&P 500 is: +6%
    • No dividends were paid in February
    • 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%
    | Wed, Mar. 2, 10:10 AM | 2 Comments
  • Sat, Feb. 27, 10:36 AM
    • Investors continue to take refuge in consumer staples stocks in a strategy that tips off defensive positioning and accounts for some positive macroeconomic factors that are underpinning volume growth in the sector.
    • Consumer staples stocks trading right at their 52-week high include Campbell Soup (NYSE:CPB), Kimberly-Clark (NYSE:KMB), General Mills (NYSE:GIS), Reynolds American (NYSE:RAI), Altria (NYSE:MO), Philip Morris (NYSE:PM), Church & Dwight (NYSE:CHD), Coca-Cola (NYSE:KO), Tyson Foods (NYSE:TSN), Sanderson Farms (NASDAQ:SAFM), B&G Foods (NYSE:BGS), and Cott Corporation (NYSE:COT).
    • Even Procter & Gamble (NYSE:PG) and Wal-Mart (NYSE:WMT), which acted as drags on consumer staples ETFs last year with their heavy weightings, are outperforming the S&P 500 Index this year.
    • Some analysts think political year uncertainty and global ZIRP and NIRP question marks could keep demand for staples strong.
    • Related ETFs: XLP, VDC, FXG, RHS, FSTA, PSL, PSCC
    • Analysis: Consumer Staples ETFs Are Looking More Attractive Than Ever (Feb. 16)
    • Prediction time: Which consumer staples stock has the most upside in 2016?
    | Sat, Feb. 27, 10:36 AM | 73 Comments
  • Thu, Feb. 25, 10:28 AM
    • Campbell Soup (CPB +1.6%) reports comparable organic sales Y/Y with gains in Global biscuits and snacks in FQ2.
    • Acquisition contributed 1 percentage point of growth to the sales in the quarter.
    • Total volume and mix declined 2% for the period.
    • Revenue by segments: Americas simple meals and beverages: $1.237B (-3%); Global biscuits and snacks: $682M (-3%); Campbell fresh: $282M (+10%).
    • Adjusted gross margin rate improved 400 bps to 37.3% driven by productivity improvements, higher selling prices, lower promotional spending and improved supply chain performance.
    • FY2016 Guidance: Net sales: -1 to 0%; Adjusted EBIT: +10% to +13%; Adjusted EPS: $2.88 to $2.96 (+9% to +12%).
    | Thu, Feb. 25, 10:28 AM | 1 Comment
  • Thu, Feb. 25, 7:17 AM
    • Campbell Soup (NYSE:CPB): FQ2 EPS of $0.87 beats by $0.07.
    • Revenue of $2.2B (-1.3% Y/Y) in-line.
    • Press Release
    | Thu, Feb. 25, 7:17 AM
  • Wed, Feb. 24, 5:30 PM
  • Wed, Feb. 17, 8:32 AM
    • Campbell Soup (NYSE:CPB) raises its outlook on FY16 EPS to 9% to 12% growth, compared to prior guidance for a 4% to 7% lift.
    • The company sees sale growth of -1% to flat for the year as F/X chops off a full two percentage points.
    • On a preliminary basis, Campbell reports Q2 sales of $2.20B and EPS of $0.87 vs. $0.74 consensus.
    • Campbell Soup execs will present later today at the CAGNY Conference in New York (webcast).
    • CPB +2.17% premarket to $60.73.
    | Wed, Feb. 17, 8:32 AM | 5 Comments
  • Tue, Jan. 19, 8:58 AM
    • Shares of Campbell Soup (NYSE:CPB) are on watch after JPMorgan ups its rating to Neutral from Underweight.
    • The investment firm thinks Campbell can increase margins this year.
    • A price target of $55 is assigned to the food stock by JP vs. Friday's close of $52.97 and the 52-week trading range of $44.45 to $55.08.
    | Tue, Jan. 19, 8:58 AM | 1 Comment
  • Fri, Jan. 8, 11:36 AM
    • Campbell Soup (CPB +0.3%) announces it supports federal rules requiring GMO labeling.
    • The company will step back from efforts to withdraw the rules in general, but opposes a patchwork state-by-state system.
    | Fri, Jan. 8, 11:36 AM
  • Nov. 24, 2015, 9:58 AM
    • Campbell Soup (CPB +2.9%) raised annual EPS guidance to $2.75-$2.83 from $2.53-$2.58 prior. The mark tops the consensus estimate of analysts.
    • The improved outlook is based off of some strong pricing trends and a reduced level of promotions. It also comes amid a broad shift by the company to healthier products.
    • During Q3, Campbell reported organic sales held steady.
    • Shares of CPB hit a 52-week high of $52.48 before falling back a bit.
    • Previously: Campbell Soup beats by $0.19, misses on revenue (Nov. 24 2015)
    | Nov. 24, 2015, 9:58 AM | 2 Comments
  • Nov. 24, 2015, 7:20 AM
    • Campbell Soup (NYSE:CPB): FQ1 EPS of $0.95 beats by $0.19.
    • Revenue of $2.20B (-2.7% Y/Y) misses by $10M.
    • Shares +0.8% PM.
    | Nov. 24, 2015, 7:20 AM
  • Nov. 23, 2015, 5:30 PM
    | Nov. 23, 2015, 5:30 PM | 4 Comments
  • Nov. 22, 2015, 5:38 AM
    • Tyson Foods (NYSE:TSN) and Post Holdings (NYSE:POST) report results Monday, followed Tuesday by Campbell Soup (NYSE:CPB) and Hormel Foods (NYSE:HRL).
    • Investors will be watching how major food producers adapt to more health-conscious consumers and to millennial spending patterns that gear more toward protein and hormone/antibiotic-free products.
    • Tyson Foods (+9% YTD), likely the provider of many a turkey this week, said in April it plans to end the use of human antibiotics in its chicken by 2017, while Hormel (+31% YTD) announced in May the acquisition of organic meat processor Applegate Farms.
    | Nov. 22, 2015, 5:38 AM | 1 Comment
  • Nov. 19, 2015, 9:06 AM
    • Campbell Soup (NYSE:CPB) declares $0.312/share quarterly dividend, in line with previous.
    • Forward yield 2.54%
    • Payable Feb. 1; for shareholders of record Jan. 11; ex-div Jan. 7.
    | Nov. 19, 2015, 9:06 AM
  • Nov. 12, 2015, 5:38 PM
    • Campbell Soup (NYSE:CPB) is recalling 355,000 cans of SpaghettiOs, citing a "potential choking hazard" in a small number of cans.
    • The hazard comes from pieces of red plastic that comes from parts of the can lining peeling off.
    • The company says it received consumer complaints to trigger the issue, and has identified date codes on the recalled cans. The recall is limited to the U.S.
    | Nov. 12, 2015, 5:38 PM | 1 Comment
  • Oct. 23, 2015, 9:58 AM
    • M&A talk in the food sector could set off a chain reaction, according to analysts.
    • Kellogg's (K +0.2%) interest in Diamond Foods (DMND +6.6%) and a play by Treehouse Foods (THS +3.1%) for Ralcorp are in advanced stages, but other companies which could be drawn into talks include Boulder Brands (BDBD +0.5%), Amplify Snack Brands (BETR +1.7%), Mondelez International (MDLZ -0.1%), Campbell Soup (CPB +0.1%) and Hain Celestial Group (HAIN +0.4%).
    • Private-label brands in particular may look appetizing to larger food companies.
    • Previously: Reuters: TreeHouse in talks to buy Ralcorp from ConAgra (Oct. 22 2015)
    • Previously: NY Post: Kellogg close to Diamond Foods buyout (Oct. 23 2015)
    • Related ETF: PBJ
    | Oct. 23, 2015, 9:58 AM | 6 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