Welcome to our dedicated page for The Campbell's Company news (Ticker: CPB), a resource for investors and traders seeking the latest updates and insights on The Campbell's Company stock.
The Campbell's Company (NASDAQ: CPB) generates a steady flow of news as a long-established packaged food manufacturer with a broad portfolio of branded products. As a North American focused company with two primary divisions, Meals & Beverages and Snacks, its announcements often cover financial performance, portfolio changes, brand campaigns and community initiatives. Investors and observers following CPB news can use this page to access press releases, third-party coverage and other updates related to the company.
Regular earnings releases and guidance updates are a central part of Campbell's news cycle. The company reports quarterly and full-year results, including net sales trends, segment performance for Meals & Beverages and Snacks, adjusted EBIT and adjusted EPS, as well as commentary on cost savings programs, inflation, tariffs and consumer behavior. These releases also describe the impact of acquisitions and divestitures, such as the Sovos Brands acquisition and the sale of Pop Secret and noosa, and outline assumptions behind forward-looking guidance.
Beyond financial results, Campbell's news includes information on capital allocation decisions like quarterly dividend declarations and share repurchase activity, as well as financing transactions such as senior notes offerings and credit agreement amendments. Corporate governance and leadership updates, including executive appointments and changes in key finance roles, are disclosed through company announcements and SEC filings.
Brand and community-focused news is another important category. Campbell's highlights initiatives like the Chunky Sacks Hunger program in partnership with NFL players and Feeding America, seasonal campaigns such as the State of the Sides Report, and collaborations that connect its brands with cultural and holiday occasions. These stories illustrate how the company positions its brands and describes its efforts to address food insecurity.
This news page aggregates these various types of coverage so readers can review Campbell's latest earnings information, strategic moves, brand activities and governance developments in one place. For ongoing research on CPB, users can return to this feed to see how the company communicates its performance and priorities over time.
Campbell Soup Company (NYSE:CPB) reported a 4% decrease in net sales to $2.24 billion for Q1 fiscal 2022, with organic net sales also down 4%. EBIT fell 18% to $376 million, while adjusted EBIT decreased 15% to $389 million. Diluted EPS from continuing operations was $0.86, down from $1.02, with adjusted EPS at $0.89, a 12% decline. The company reaffirms its fiscal 2022 guidance, accounting for commodity hedge adjustments. Investor Day will be virtually held on December 14, 2021, focusing on operational strategies amid ongoing inflation and supply chain issues.
The Board of Directors of Campbell Soup Company (NYSE:CPB) has declared a quarterly dividend of
In fiscal 2021, Campbell generated net sales of nearly
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Campbell Soup Company (NYSE: CPB) will report its first-quarter fiscal 2022 financial results on
Campbell Soup Company (NYSE:CPB) will host an Investor Day on
Campbell Soup Company (NYSE:CPB) appoints
Campbell Soup Company (NYSE:CPB) announced the appointment of Diane Johnson May as Executive Vice President and Chief Human Resources Officer, effective Nov. 1, 2021. Johnson May brings over 35 years of food industry experience, previously serving at ManpowerGroup and Kraft Foods. She will lead Campbell's HR functions, focusing on talent management, organizational effectiveness, and diversity initiatives. This leadership change follows the departure of Xavier Boza, who left for another opportunity.
Campbell Soup Company (NYSE: CPB) has launched the Full Futures program in Camden City School District, committing $5 million over five years to enhance school nutrition. The initiative aims to reach around 2,000 students in three pilot schools through nutrition education, school gardens, and menu expansions. Additional enhancements will impact 5,000 more students via district-wide changes. The program focuses on building a nutrition mindset, improving food service infrastructure, providing nutrition education, and implementing culturally inclusive menus, with support from various partners.
Campbell's has partnered with Universal Music Group (UMG) to enhance home cooking by integrating music into meal preparation. A survey revealed that 73% of home cooks listen to music while cooking. Specially marked cans will feature QR codes leading to exclusive recipes and curated playlists. Weekly song releases from artists like Julia Michaels will accompany recipes. This initiative aligns with Campbell's efforts to modernize its brand and respond to increased consumer demand for easy meals. A music contest will launch on Nov. 15, offering a $20,000 prize for a cooking-inspired anthem.
The Board of Directors of Campbell Soup Company (NYSE:CPB) has declared a quarterly dividend of
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