Campbell Soup Stock News

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) (Campbell's) today announced that it was awarded $3.4 million in funding through the U.S. Department of Agriculture (USDA)'s Regional Conservation Partnership Program (RCPP) to support California processing tomatoes. Under the project, Campbell's will partner with the Natural Resources Conservation Service (NRCS), American Farmla...

Sides Enthusiasts Can Now Enjoy the Scents of their Favorite Holiday Side Dishes Year-Round with Limited-Edition Candle Collection CAMDEN, N.J. , Oct. 28, 2024 /PRNewswire/ -- Campbell's® officially kicked off Sides Season™ with the launch of the 2024 State of the Sides Report.

Campbell's is shifting focus from soups to premium brands, forming a new business unit to drive growth in this segment. Despite economic uncertainties, Campbell's maintains consistent performance, with a strong portfolio of brands. The company's balance sheet is stretched due to recent acquisitions, but free cash flow covers dividends.

CAMDEN, N.J.--(BUSINESS WIRE)--Harris Blitzer Sports & Entertainment (HBSE) and Campbell Soup Company (NASDAQ:CPB) (Campbell's) today announced a unique marketing partnership spanning four storied sports franchises across several of the world's biggest leagues. Campbell's will serve as an official partner to the Philadelphia 76ers (NBA), the Washington Commanders (NFL), New Jersey Devils (NHL),...

The dockworkers' strike could impact a number of names in the consumer-staples space, warns Bank of America.

Celebrity chef and organic soup and broth brand aim to reclaim the end of the weekend with #TGISunday series PORTLAND, Ore. , Sept. 23, 2024 /PRNewswire/ -- Pacific Foods, a brand known for its organic and high-quality ingredients, has launched its #TGISunday content series to help people overcome the widespread phenomenon known as the "Sunday Scaries.

CAMDEN, N.J.--(BUSINESS WIRE)--The Board of Directors of Campbell Soup Company (NASDAQ:CPB) today declared a regular quarterly dividend on Campbell's capital stock of $0.37 per share. The quarterly dividend is payable Oct. 28, 2024, to shareholders of record at the close of business as of Oct. 3, 2024. About Campbell For more than 150 years, Campbell (NASDAQ:CPB) has been connecting people thro...

I recommend a neutral rating for Campbell Soup Company due to skepticism about its ability to achieve long-term growth targets amid tough macro conditions. CPB's 2Q24 earnings missed consensus estimates in sales, gross profit, and EBIT, but net income beat estimates due to lower interest expenses and a better tax rate. Management's long-term growth targets for Meals & Beverages and Snacks seem ...