The Campbell's Company reports news on a North American packaged-food business organized around Meals & Beverages and Snacks. Its updates commonly cover performance across brands including Campbell's, Goldfish, Pepperidge Farm, Prego, Pace, Swanson, V8 and Rao's, along with quarterly results, guidance, dividend declarations and supply-chain leadership.
Company news also includes brand partnerships and product marketing, community and foundation programs, completed portfolio actions such as the Sovos Brands acquisition and La Regina investment tied to Rao's Homemade, and corporate governance or investor-relations appointments.
Campbell Soup Company (NYSE:CPB) is set to release its third-quarter fiscal 2024 financial results on June 5, 2024. An earnings conference call will follow at 8:00 a.m. ET, with a live webcast accessible online. The press release on the results will be available before the call. Additionally, Campbell plans to host its Investor Day in mid-September 2024 in New York City, where the executive team will discuss the company's long-term strategy and financial outlook following the full-year fiscal 2024 results and fiscal 2025 guidance, which are scheduled for the end of August.
The Board of Directors of Campbell Soup Company (NYSE: CPB) has announced a regular quarterly dividend of $0.37 per share. This dividend will be paid on July 29, 2024, to shareholders who are on record by July 3, 2024.
Butterfly announced the separation of Bolthouse Farms into Bolthouse Fresh Foods and Generous Brands, accelerating value creation and growth. Bolthouse Fresh Foods focuses on fresh carrot production, selling 700 million pounds annually, while Generous Brands specializes in premium fresh beverages. The separation facilitated by separate debt recapitalizations enables each business to have purpose-built strategies and leadership teams for accelerated growth. Butterfly's strategic initiatives drove topline growth exceeding 30% and the acquisition of Evolution Fresh from Starbucks in August 2022. Industry veterans were appointed as CEOs for both entities to lead them into their distinct growth trajectories.
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