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Campbell Soup Co. - CPB STOCK NEWS

Welcome to our dedicated news page for Campbell Soup Co. (Ticker: CPB), a resource for investors and traders seeking the latest updates and insights on Campbell Soup Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Campbell Soup Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Campbell Soup Co.'s position in the market.

Rhea-AI Summary
Campbell Soup Company (NYSE: CPB) and The Campbell’s Foundation awarded $880,000 in Community Impact Grants to 44 nonprofit organizations in Campbell communities across the US, Puerto Rico, and Canada. The grants support food access, healthy living, and community development, bringing the total fiscal 2024 grantmaking to over $2.4 million.
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Campbell Soup Company (CPB) completes the acquisition of Sovos Brands for $2.7 billion, adding market-leading brands like Rao’s sauce, Michael Angelo’s, and noosa. The acquisition is expected to create significant shareholder value through sales and earnings growth. The newly formed Distinctive Brands unit within the Meals & Beverages division aims to drive accelerated growth by combining acquired brands with Pacific Foods.
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Campbell's announces the launch of its first limited-edition Campbell's® Grilled Cheese and Tomato Soup to celebrate National Grilled Cheese Day on April 12th. The unique flavor combines the iconic Tomato Soup with grilled cheese sandwich elements. Consumers can prepare it with water for a robust tomato taste or with milk for a cheesier flavor. The company is offering 412 cans in a giveaway until March 20, 2024, and fans can stay updated on Campbell's activities on various social media platforms.
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-2.84%
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Campbell Soup Company (CPB) reported Q2 fiscal 2024 results, with net sales of $2.5 billion, a 1% decrease. EBIT was $317 million, Adjusted EBIT $364 million. EPS $0.68, Adjusted EPS $0.80. Reaffirms fiscal 2024 guidance. Expects Sovos Brands, Inc. acquisition by March 2024.
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0.81%
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Campbell Soup Company (NYSE: CPB) executives to participate in fireside chat at BofA Securities 2024 Consumer and Retail Conference. Webcast details provided for investors.
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Campbell Soup Company (CPB) announces a regular quarterly dividend of $0.37 per share, payable on April 29, 2024, to shareholders of record as of April 4, 2024.
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1.16%
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Campbell's and Parks Project collaborate on an exclusive 'Winter Warmth' collection available via the NTWRK app. The limited-edition collection includes fleeces, beanies, and classic Campbell's soups. The partnership aims to promote outdoor moments and support environmental initiatives.
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-0.94%
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Campbell Soup Company (CPB) to report second-quarter fiscal 2024 financial results on March 6, 2024. Investor conference call hosted by CEO and CFO. Webcast available for interested parties. Call-in details provided for participation.
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1.04%
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Campbell Soup Company (CPB) appoints Anthony Kyles as Chief Customer Officer for Meals & Beverages, aiming to drive growth and profitability with iconic brands.
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1.04%
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Campbell Soup Company (CPB) reported net sales of $2.5 billion for the first quarter of fiscal 2024, showing a 2% decrease, or 1% on an organic basis. EBIT was $358 million, and adjusted EBIT was $407 million, down 9%. EPS was $0.78, and adjusted EPS was $0.91, down 11%. The company reaffirms its full-year fiscal 2024 guidance and expects the acquisition of Sovos Brands, Inc. to close in calendar year 2024.
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7.11%
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Campbell Soup Co.

NYSE:CPB

CPB Rankings

CPB Stock Data

12.61B
190.60M
35.58%
54.65%
5.76%
Fruit and Vegetable Canning
Manufacturing
Link
US
Camden

About CPB

cambell soup is a food production company located in 1516 laguna ln, lakewood, new jersey, united states.