Campbell SoupNYSE: CPB

Campbell (CPB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Analyst Michael S. Lavery from Piper Sandler has changed his rating for Campbell Soup Company (CPB) from Neutral to Overweight and has increased the price target from $47 to $56.

CPB has announced that it will sell the noosa yogurt brand to concentrate on its main brands, which will help boost growth in the fiscal year 2025.

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) has announced that it will sell its noosa yoghurt business to Lakeview Farms, LLC, which makes fresh dips, desserts, and specialty items. The details of the deal have not been revealed. Campbell's acquired noosa when it bought Sovos Brands, Inc. in March 2024 and indicated it would consider different options for the brand since yogurt is not a main focus for the company.

The potential for dividends from a company in the US, one in the UK, and another in Canada.

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Fans of side dishes can now experience the aromas of their favorite holiday foods all year long with a special candle collection. Campbell's® has launched the 2024 State of the Sides Report to celebrate the start of Sides Season™. This event took place in Camden, N.J. on October 28, 2024.

Campbell's is changing its focus from soups to higher-end brands by creating a new business unit to boost growth in this area. Even with economic challenges, the company continues to perform well, supported by a solid range of brands. Although recent acquisitions have put some pressure on their finances, they still generate enough free cash flow to pay dividends.

CAMDEN, N.J.--(BUSINESS WIRE)--Harris Blitzer Sports & Entertainment (HBSE) and Campbell Soup Company (NASDAQ:CPB) have revealed a special marketing partnership that includes four well-known sports teams from major leagues. Campbell's will be an official partner of the Philadelphia 76ers (NBA), the Washington Commanders (NFL), New Jersey Devils (NHL), Prudential Center in Newark, N.J., and Joe Gibbs Racing (NASCAR). This partnership will last for several years.