Campbell Soup Company (CPB)
Market Cap | 13.59B |
Revenue (ttm) | 9.41B |
Net Income (ttm) | 739.00M |
Shares Out | 298.55M |
EPS (ttm) | 2.46 |
PE Ratio | 18.51 |
Forward PE | 14.47 |
Dividend | $1.48 (3.25%) |
Ex-Dividend Date | Jul 3, 2024 |
Volume | 2,127,638 |
Open | 45.32 |
Previous Close | 45.27 |
Day's Range | 45.06 - 45.63 |
52-Week Range | 37.94 - 46.97 |
Beta | 0.19 |
Analysts | Hold |
Price Target | 46.12 (+1.3%) |
Earnings Date | Jun 5, 2024 |
About CPB
Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada. This segment provides Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans... [Read more]
Financial Performance
In 2023, CPB's revenue was $9.36 billion, an increase of 9.29% compared to the previous year's $8.56 billion. Earnings were $858.00 million, an increase of 13.34%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for CPB stock is "Hold." The 12-month stock price forecast is $46.12, which is an increase of 1.30% from the latest price.
News
Campbell Soup CEO talks 'positive' acquisition of Sovos Brands
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 ac...
Campbell reported solid results, but management gave not-so-hot guidance, says Jim Cramer
'Mad Money' host Jim Cramer looks at the recent performance of packaged food stocks and gauges how well the stocks will perform in a cooling economy.
![](https://cdn.snapi.dev/images/v1/r/1/107284174-1691613464836-gettyi-2469451.jpeg)
Jim Cramer names packaged food stocks likely to do well in a slower economy
CNBC's Jim Cramer on Friday told investors which packaged food stocks might be good additions to their portfolios, especially if the economy is headed for a slowdown. He pinpointed Campbell Soup and J...
Campbell Soup (CPB) Tops Earnings & Revenue Estimates, Raises FY24 Guidance
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.
Three-Stock Lunch: Hewlett Packard Enterprise, Campbell Soup & Lululemon
Boris Schlossberg, BK Asset Management managing director of FX strategy, joins 'Power Lunch' to discuss plays for three stocks, including Hewlett Packard, Campbell Soup, and Lululemon.
![](https://cdn.snapi.dev/images/v1/n/1/gettyimages-2050740182-107ad35-2464314.jpg)
Campbell Soup's Food and Beverage Sales Help Offset Slide in Snacks
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 affec...
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Campbell Soup's stock gains after profit and earnings beat expectations, boosted strength in meals and beverages
Shares of Campbell Soup Co. CPB, -0.09% climbed 1.4% in premarket trading Wednesday, after the canned soup, foods and snacks company reported fiscal third-quarter profit and sales that beat expectatio...
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Campbell Soup lifts annual net sales forecast as demand recovers
Campbell Soup on Wednesday raised its forecast for annual net sales growth, banking on a recovery in demand for its ready-to-eat soups and meals and from its acquisition of Rao's sauce maker Sovos Bra...
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Campbell Reports Third-Quarter Fiscal 2024 Results
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 ...
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Campbell's Management to Participate in the Evercore ISI Consumer & Retail Conference
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financ...
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Campbell to cut 415 jobs as it restructures its manufacturing plants
Campbell Soup on Tuesday said it plans to reduce the size of its Jeffersonville, Indiana site and close Tualatin, Oregon site, leading to 415 job cuts.
![](https://cdn.snapi.dev/images/v1/w/d/soup-1429797-1920-0-2449937.jpg)
Campbell Soup makes cost-cutting moves affecting 415 employees
Campbell Soup Co. CPB, -0.55% said Tuesday it plans to shut down a Pacific Foods organic soup plant in Tualatin, Ore., and reduce staff at a site in Jeffersonville, Indiana, in cost-cutting moves that...
![](https://cdn.snapi.dev/images/v1/y/0/press6-2449879.jpg)
Campbell Announces Supply Chain Optimization Plan to Fuel Growth
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced plans as part of an ongoing effort to invest in and transform its supply chain to fuel business growth, improve return ...
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Prego® Introduces New Line of Creamy Pesto Sauces, Unlocking New and Flavorful Ways to Shake Up Mealtime
New offering introduces pesto sauces to the predominately red sauce aisle CAMDEN, N.J. , May 20, 2024 /PRNewswire/ -- Campbell Soup Company is introducing a new line to Prego®: Creamy Pesto - a delici...
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Campbell to Report Third Quarter Fiscal 2024 Results on June 5, 2024, and Host Investor Day in New York City in mid-September 2024
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today announced that it will report its third-quarter fiscal 2024 financial results on June 5, 2024, and will hold its Investor Day in m...
General Mills and Campbell Soup upgraded by Bernstein
Bernstein has upgraded General Mills (GIS) and Campbell Soup Company (CPB) from Underperform to Market Perform, citing volume improvements for both stocks. Yahoo Finance Anchors Josh Lipton and Julie ...
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Campbell Declares Quarterly Dividend
CAMDEN, N.J.--(BUSINESS WIRE)--The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell's capital stock of $0.37 per share. The quarterly divi...
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Butterfly Separates Bolthouse Farms' Fresh Produce and Premium Fresh Beverage Businesses
LOS ANGELES--(BUSINESS WIRE)--Today, Butterfly announced the separation of its portfolio company Bolthouse Farms into two standalone entities: Bolthouse Fresh Foods and Generous Brands. Bolthouse Fres...
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Campbell's Awards $880,000 in Community Impact Grants
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) and The Campbell's Foundation today announced $880,000 in Community Impact Grants to 44 nonprofit organizations positively impacting co...
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These household-name companies have bonds yielding more than 5%
Bonds issued by a group of household name companies are yielding more than 5% following the recent move in Treasurys, offering handy returns for investors with the right time frame.
Campbell Soup CEO says Rao's deal is 'a match made in heaven'
Campbell Soup Company (CBP) announced today that it has completed its $2.7 billion acquisition of Sovos Brands, Inc., which touts popular brands like Rao's. The deal was originally slated for December...
![](https://cdn.snapi.dev/images/v1/o/i/6rrwjqwodvmgphxe4co6ykh2qu-2320046.jpg)
Campbell Soup completes $2.33 bln Sovos deal after delays
Campbell Soup has completed the acquisition of Rao's Homemade-owner Sovos Brands , the U.S. packaged food maker said on Tuesday, weeks after receiving clearance from the Federal Trade Commission.
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Campbell Completes Acquisition of Sovos Brands, Inc.
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, w...
![](https://cdn.snapi.dev/images/v1/u/d/press15-2313385.jpg)
Grilled Cheese and Tomato Soup Lovers Rejoice! Campbell's® Releases Limited-Time Only Flavor
The first ever limited-edition Grilled Cheese and Tomato Soup is available to celebrate National Grilled Cheese Day on April 12 th CAMDEN, N.J. , March 7, 2024 /PRNewswire/ -- Campbell's has announced...
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Campbell Soup Beat Profit Estimates. Why the Stock Is Falling.
The company kept guidance for the full year unchanged and said top-line sales growth is currently running at the lower end of the range.