Campbell Soup Company (CPB) - NYSE
  • Jun. 9, 2014, 9:53 AM
    • Annie's (BNNY +1.5%) is being teed up by analysts on Wall Street as a potential takeover candidate.
    • The company boasts a strong brand in the organic sector, while shares have peeled off 33% YTD due in part to cost pressures.
    • Campbell Soup (CPB), Nestle (NSRGY), and General Mills (GIS) all fit the profile of a food giant that could make a run at Annie's.
    | Jun. 9, 2014, 9:53 AM
  • May 27, 2014, 7:28 AM
    • A $6.4B offer by Pilgrim Pride's (PPC) to buy Hillshire Brands (HSH) could rattle the food sector.
    • For starters, the deal could spoil Hillshire's offer on the table to buy Pinnacle Foods (PF).
    • The quick analyst take on a PPC-HSH combination is favorable with the companies focused in different areas (chicken vs. packaged meat) which could lead to easy access to new distribution channels.
    • Premarket: HSH +22.9% to $45.49, PF -5.3% to $31.50.
    • Also on merger watch in the food sector: THS, SJM, GIS, KRFT, CPB, ADM, BGS, RAH, HAIN, K CAG
    | May 27, 2014, 7:28 AM | 2 Comments
  • May 20, 2014, 8:44 AM
    • Credit Suisse takes its rating on Campbell Soup (CPB) all the way down to Underperform.
    • Campbell threw a scare into analysts and investors yesterday when it reported weak demand for soup during a quarter influenced by wintry weather. CS takes a narrow view on the chances that soup will turn into a growth category again.
    | May 20, 2014, 8:44 AM | 1 Comment
  • May 19, 2014, 9:13 AM
    | May 19, 2014, 9:13 AM | 1 Comment
  • May 19, 2014, 8:24 AM
    • Shares of Campbell Soup (CPB) are down sharply in early trading after the company sees margins crumble in FQ3 and cuts its growth outlook.
    • Soup sales were disappointing for the company despite the extended cold snap across the U.S. during the winter.
    • CPB -5.5% premarket
    | May 19, 2014, 8:24 AM
  • May 19, 2014, 7:14 AM
    • Campbell Soup (CPB) reports it grew volume and mix by 2% in FQ3.
    • Segment revenue growth: U.S. Simple Meals +7% to $672M; Global Baking and Snacking -1% to $564M; International Simple Meals and Beverages -17% to $186M; U.S. Beverages -4% to $190M; Bolthouse and Foodservice +4% to $358M.
    • The company's gross margin rate fell 170 bps to 34.3% due in part to higher promotional spending.
    • Full-year sales growth guidance is set at 3% vs. 4%-5% prior.
    | May 19, 2014, 7:14 AM
  • May 19, 2014, 7:01 AM
    • Campbell Soup (CPB): FQ3 EPS of $0.62 beats by $0.03.
    • Revenue of $1.97B (-5.7% Y/Y) misses by $30M.
    | May 19, 2014, 7:01 AM
  • May 18, 2014, 5:30 PM
  • May 12, 2014, 7:13 AM
    • A merger between Hillshire Brands and Pinnacle Foods could kickstart the consolidation frenzy in the food industry analysts have been forecasting.
    • The sector has been tapped to see a high rate of mergers and buyouts due to the significant synergies that could be unleashed through combinations.
    • On watch: THS, SJM, GIS, KRFT, CPB, ADM, BGS, RAH, HAIN, K, CAG
    | May 12, 2014, 7:13 AM | 1 Comment
  • Apr. 15, 2014, 9:48 AM
    | Apr. 15, 2014, 9:48 AM | 3 Comments
  • Apr. 10, 2014, 9:02 AM
    | Apr. 10, 2014, 9:02 AM | 15 Comments
  • Mar. 31, 2014, 1:58 PM
    • A survey from the Department of Agriculture indicates that farmers in the U.S. plan to plant the lowest acreage of corn in four years.
    • The March report on corn already indicated that supply was tighter than forecast.
    • Higher corn prices are sometimes absorbed by food sellers and restaurant chains if consumer spending trends are weak.
    • Corn futures charts
    • Related stocks: GIS, K, POST, KO, PEP, PPC, TSN, CPB, SJM
    | Mar. 31, 2014, 1:58 PM | 8 Comments
  • Mar. 26, 2014, 5:57 PM
    • Campbell Soup Company (CPB) declares $0.312/share quarterly dividend, in line with previous.
    • Forward yield 2.83%
    • Payable April 28; for shareholders of record April 8; ex-div April 3.
    | Mar. 26, 2014, 5:57 PM
  • Mar. 26, 2014, 10:45 AM
    | Mar. 26, 2014, 10:45 AM
  • Mar. 13, 2014, 1:20 PM
    • Fresh food purchases at grocery stores continue to show higher growth rates than canned, packaged, and frozen food sales, and now account for 30% of all supermarket revenue..
    • Organic sellers like Whole Foods Market (WFM -2.8%) account for some of the extra sales, but retail giants such as Wal-Mart (WMT -0.6%), Kroger (KR -0.7%), and Target (TGT -1.6%) are also broadening out their fresh food sections.
    • Food companies on watch: SENEA, SENEB, THS, NCRA, CPB, DOLE, MDLZ, GIS, NSRGY, KRFT, TSN, FLO, CAG, DF, PPC, HRL, SJM.
    | Mar. 13, 2014, 1:20 PM | 2 Comments
  • Feb. 14, 2014, 8:39 AM
    • Campbell Soup (CPB) reports its simple meals business saw a 7% revenue gain in Q4 to help offset a drop in parts of its international business.
    • Volume/mix added two percentage points of growth while price/sales allowances contributed the same amount.
    • Soup sales were up 5%, although a late Thanksgiving may have been a factor.
    • Gross margin was up 50 bps to 35.7% during the period.
    • The company backed its previously-issued guidance which is a positive considering some of the foreign exchange issues that caused other multinationals to drop estimates.
    • CPB +3.7% premarket
    | Feb. 14, 2014, 8:39 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