Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United StatesIPO:
13 December 1954Next earnings report:
30 August 2024Last dividends:
03 July 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:44:43 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
CPB Latest News
Global food and beverage company Campbell Soup Co. NYSE: CPB reported solid earnings accompanied by raised guidance, but the market continued to sell off shares. However, clues were sprinkled throughout its earnings presentation that indicate a return of growth acceleration is coming in the second half of the calendar year.
The Campbell Soup Company (CPB) posted its third quarter earnings, revealing a 6% year-over-year increase in net sales that totaled $2.23 billion. The company says the sales were due in part to its acquisition of Sovos Brands.
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Campbell Soup (CPB) tops earnings and revenue estimates and raises its FY24 guidance. Morningstar's Erin Lash and Runnymede Capital Management's Andrew Wang discuss Campbell Soup's earnings.
Campbell Soup's (CPB) third-quarter fiscal 2024 results reflect gains from the Sovos Brands acquisition, supply chain productivity and cost savings, while organic sales remain flat year over year.
Campbell Soup Company (NYSE:CPB ) Q3 2024 Earnings Call Transcript June 5, 2024 8:00 AM ET Company Participants Rebecca Gardy - Chief IR Officer Mark Clouse - CEO Carrie Anderson - CFO Conference Call Participants Andrew Lazar - Barclays Jim Salera - Stephens David Palmer - Evercore ISI Peter Galbo - Bank of America Nik Modi - RBC Capital Markets Operator Greetings, ladies and gentlemen, and welcome to the Campbell Soup Company Third Quarter Fiscal 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Campbell Soup (CPB) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.68 per share a year ago.
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its third-quarter fiscal 2024 ended April 28, 2024. Unless otherwise stated, all comparisons are to the same period of fiscal 2023. Third quarter and year-to-date financial results include a partial quarter of contribution of the Sovos Brands acquisition. CEO Comments “We delivered a solid third quarter with sequential volume improvement, stable organic net sales, double-digit adjusted EBIT and adjusted E.
Campbell Soup (CPB) reported third-quarter revenue that beat analysts' estimates on the strength of its food and beverage sales, though the food giant's snack sales dropped as economic pressures affect consumers' habits.
What type of business is Campbell Soup?
Campbell Soup Company is an American manufacturer and seller of branded food and beverage products. Founded in 1922, with its predecessors dating back to 1869, the company operates in the food industry. The main executive offices are located in Camden, New Jersey. The success of the company's business is largely attributed to a number of iconic brands that hold value for consumers: Campbell's, Cape Cod, Chunky, Emerald, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Plum, Pop Secret, Prego, Snack Factory Pretzel Crisps, Snyder's of Hanover, Swanson, and others. All brands are trademarked. As of the end of 2019, the company owned 3600 registrations and applications for trademarks in more than 160 countries.
What sector is Campbell Soup in?
Campbell Soup is in the Consumer Defensive sector
What industry is Campbell Soup in?
Campbell Soup is in the Packaged Foods industry
What country is Campbell Soup from?
Campbell Soup is headquartered in United States
When did Campbell Soup go public?
Campbell Soup initial public offering (IPO) was on 13 December 1954
What is Campbell Soup website?
https://www.campbellsoupcompany.com
Is Campbell Soup in the S&P 500?
Yes, Campbell Soup is included in the S&P 500 index
Is Campbell Soup in the NASDAQ 100?
No, Campbell Soup is not included in the NASDAQ 100 index
Is Campbell Soup in the Dow Jones?
No, Campbell Soup is not included in the Dow Jones index
When does Campbell Soup report earnings?
The next expected earnings date for Campbell Soup is 30 August 2024