Campbell Soup Company (CPB) - NYSE
  • Nov. 24, 2014, 5:30 PM
  • Nov. 19, 2014, 4:34 PM
    • Campbell Soup (NYSE:CPB) declares $0.312/share quarterly dividend, in line with previous.
    • Forward yield 2.79%
    • Payable Feb. 2; for shareholders of record Jan 12; ex-div Jan 8.
    | Nov. 19, 2014, 4:34 PM
  • Oct. 10, 2014, 2:05 PM
    • There's more consumer staples names to add to the list of out-performers on the day with investors peeling off some tech and momentum favorites.
    • The partial list below represents stocks up at least 1% on the day with a dividend yield of over 2%.
    • Back in favor: AVP, KO, MO, RAI, BUD, PF, BGS, DPS, CPB, LO, DF.
    | Oct. 10, 2014, 2:05 PM | 2 Comments
  • Oct. 7, 2014, 9:54 AM
    • Moody's downgrades the credit ratings of Campbell Soup (CPB).
    • The ratings agency says soft sales for Campbell's core products and leveraged acquisitions have pressured the liquidity profile of the company.
    • Long-term senior unsecured debt is now rated at A3 from A2.
    | Oct. 7, 2014, 9:54 AM
  • Sep. 22, 2014, 5:19 PM
    • Campbell Soup (NYSE:CPB) declares $0.312/share quarterly dividend, in line with previous.
    • Forward yield 2.92%
    • Payable Nov. 3; for shareholders of record Oct. 13; ex-div Oct. 9.
    | Sep. 22, 2014, 5:19 PM
  • Sep. 8, 2014, 12:52 PM
    • Campbell Soup (CPB -2.3%) says the turnaround of sales is taking longer than it anticipated due to a challenging consumer environment.
    • Management expects a more consistent first half for its FY15.
    • Innovation in brands is on tap for next year with a goal to recharge organic sales. The Prego and Pace brands are mentioned.
    • Longer-term financial targets weren't changed by the company, even though Campbell needs a point of sales growth and two points of EBIT gains to get to the bottom of its range. CEO Denise Morrison says M&A could be an option as a mechanism to reach those targets.
    • Earnings call webcast
    | Sep. 8, 2014, 12:52 PM | 3 Comments
  • Sep. 8, 2014, 7:48 AM
    • Campbell Soup (NYSE:CPB) reports organic sales fell 2% in FQ4.
    • Acquisitions added 3% to growth while promotional spending clipped 2%.
    • Gross margin rate -210 bps to 34.1%.
    • Segment growth: U.S. Simple Meals +5% to $518M; Global Baking and Snacking +10% to $628M; International Simple Meals and Beverages +1% to $188M; U.S. Beverages +6% to $184M; Bolthouse and Foodservice +11% to $334M.
    • Guidance: Full-year EPS of $2.45-$2.60 expected vs. $2.54 consensus.
    • CPB -1.9% premarket
    | Sep. 8, 2014, 7:48 AM
  • Sep. 8, 2014, 7:24 AM
    • Campbell Soup (NYSE:CPB): FQ4 EPS of $0.49 in-line.
    • Revenue of $1.85B (+7.6% Y/Y) in-line.
    | Sep. 8, 2014, 7:24 AM
  • Sep. 7, 2014, 5:30 PM
  • Aug. 15, 2014, 11:09 AM
    • Baby food seller Plum plans to pull out of the U.K. market by the end of the summer.
    • The decision follows a strategic review by parent Campbell Soup (CPB -0.6%).
    | Aug. 15, 2014, 11:09 AM
  • Jul. 21, 2014, 8:09 AM
    • Campbell Soup (NYSE:CPB) says it expects its 2015 performance to come in below its long-term targets for EPS growth of 4%-6% and sales growth of 3%-4%, although sales are expected to improve in its fiscal year that begins Aug. 4.
    • CPB reaffirms FY 2014 guidance, expecting growth of ~3% in net sales, which equates to ~$8.29B and in-line with analyst consensus; sees EPS growing at the low end of $2.53-$2.58 guidance vs. $2.53 consensus.
    • CPB plans to provide specific FY 2015 guidance when it reports Q4 results on Sept. 8.
    • CPB also anticipates resuming share repurchases in the new fiscal year.
    | Jul. 21, 2014, 8:09 AM
  • Jul. 16, 2014, 2:20 PM
    • Campbell Soup (CPB +1.2%) fits the profile of a company that Warren Buffett might be interesting in acquiring, according to writer Gene Marcial.
    • Besides the obvious Buffett filters (modest P-E ratio, dividend backstop, strong brands), Campbell Soup still has room for margin improvement in the right hands, note industry watchers.
    | Jul. 16, 2014, 2:20 PM | 1 Comment
  • Jul. 2, 2014, 10:15 AM
    • Food companies should get ahead of the curve by creating gluten-free children's food in the U.S., says Mintel.
    • The market research firm notes a gluten-free trend in Europe which started with infant food has quickly moved into children's food.
    • Kellogg (K) is already in the game with a gluten-free version of Rice Krispies which has generating $9.2M in sales in two years.
    • Related stocks: POST, SJM, GIS, CPB, KRFT, MDLZ, PF.
    | Jul. 2, 2014, 10:15 AM | 7 Comments
  • Jun. 30, 2014, 1:04 PM
    • A measure of corn inventories came in higher than expected today sending corn futures to their sharpest drop in close to a year.
    • The USDA says inventories were 3.854B bushels on June 1 vs. 3.723B forecast and 2.766B a year ago.
    • High corn prices has been a concern in the food sector (GIS, K, POST, KO, PEP, PPC, TSN, CPB, SJM) where sellers have warned on their ability to pass on the higher costs on to consumers.
    • USDA crop report
    • Related EFTs: CORN, JJG, GRU
    | Jun. 30, 2014, 1:04 PM | 1 Comment
  • Jun. 25, 2014, 5:09 PM
    • Campbell Soup Company (CPB) declares $0.312/share quarterly dividend, in line with previous.
    • Forward yield 2.75%
    • Payable Aug. 4; for shareholders of record July 8; ex-div July 3.
    | Jun. 25, 2014, 5:09 PM
  • Jun. 17, 2014, 8:48 AM
    • Campbell Soup (CPB) adds a tech heavyweight to its board of directors with the selection of Marc Lautenbach.
    • Lautenbach is a veteran of IBM and is currently the CEO at Pitney Bowes.
    | Jun. 17, 2014, 8:48 AM | 1 Comment
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