Campbell Soup Company (CPB)
Market Cap | 12.21B |
Revenue (ttm) | 9.36B |
Net Income (ttm) | 858.00M |
Shares Out | 297.62M |
EPS (ttm) | 2.85 |
PE Ratio | 14.37 |
Forward PE | 13.85 |
Dividend | $1.48 (3.63%) |
Ex-Dividend Date | Jan 3, 2024 |
Volume | 647,871 |
Open | 41.17 |
Previous Close | 41.01 |
Day's Range | 40.64 - 41.22 |
52-Week Range | 37.94 - 57.78 |
Beta | 0.33 |
Analysts | Hold |
Price Target | 47.31 (+16.11%) |
Earnings Date | Dec 6, 2023 |
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 13 analysts, the average rating for CPB stock is "Hold." The 12-month stock price forecast is $47.31, which is an increase of 16.11% from the latest price.
News

Campbell's® Chunky® Partners with Enthusiast Gaming to Launch the FuelUp Tournament with NFL Tuesday Night Gaming Sponsorship
Innovative brand experience combines social, content and gameplay initiatives in Fortnite Creative Innovative brand experience combines social, content and gameplay initiatives in Fortnite Creative

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...

Campbell to Report First-Quarter Fiscal 2024 Results on Dec. 6, 2023
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that it will report its first-quarter fiscal 2024 financial results on December 6, 2023. Mark Clouse, President and Chi...

Fox Corp. Taps Campbell Soup's Adam Ciongoli As Chief Legal And Policy Officer
Fox Corp. has tapped Adam Ciongoli as its chief legal and policy officer, succeeding Viet Dinh, who in August announced he was departing the company. Ciongoli is currently executive vice president and...

Campbell Appoints Charles A. Brawley, III Executive Vice President, General Counsel, and Corporate Secretary
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today announced the appointment of Charles A. Brawley, III as Executive Vice President, General Counsel and Corporate Secretary, effecti...

McCain Foods USA and Partners Awarded $6.9 Million in Federal Funds for Sustainable Potato-Growing Projects in Wisconsin and Maine
McCain Foods, Campbell, and the Soil Health Institute will use the funds to implement climate-smart practices on more than 6,000 acres of farmland. OAKBROOK TERRACE, Ill.

Campbell's® Reveals America's Favorite Side Dishes with 2023 "State of the Sides" Report
Sides Season gets sweeter: Artisan Chocolatier, Phillip Ashley, unveils limited edition Campbell's recipe-inspired chocolate truffles available Nov. 7 CAMDEN, N.J. , Nov. 1, 2023 /PRNewswire/ -- Camp...

Campbell Receives Second Request from FTC Under HSR Act for Proposed Acquisition of Sovos Brands, Inc.
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced it has received a request for additional information from the Federal Trade Commission (FTC) as part of the agency's re...
Pricing power seems to be more important for food stocks than GLP-1 drugs, says Evercore's Palmer
David Palmer, restaurant and packaged food analyst at Evercore ISI, joins 'Squawk on the Street' to discuss whether clients are asking about the impact of GLP-1 drugs, which company stocks have been w...

2 Consumer Staples Stocks That Are Screaming Cheap
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Here's why Stephens' Jim Salera likes Hershey and Campbell Soup
Jim Salera, Stephens analyst, joins 'Squawk on the Street' to discuss whether Hershey and Campbell Soup can do well despite the growth in GLP-1 drugs, how rising rates impact the consumer staples stoc...

What exactly are patients taking new weight-loss drugs eating and what are they avoiding? Bernstein asked them.
Bernstein analysts set out to determine that, analyzing online data to better understand changes in eating habits — and to evaluate which food companies may be most affected. They published the result...

SOVOS BRANDS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sovos Brands, Inc. - SOVO
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Sovos Brands, In...

Campbell's Management to Participate in a Fireside Chat at TD Cowen Sipping & Snacking Summit
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...
Three-Stock Lunch: Salesforce, Campbell Soup and Cummins
Victoria Greene, founder and CIO at G Squared Private Wealth, joins 'Power Lunch' to discuss three stocks: Salesforce, Campbell Soup and Cummins.
Campbell Soup CEO on earnings: Believe in momentum building throughout 2023
Mark Clouse, Campbell Soup CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the company's ability to raise prices, and insights into the company's soup portfolio ...

Campbell Soup stock gains ground after profit matches expectations while sales top, as prices jump 10%
Shares of Campbell Soup Co. CPB, -0.76% tacked on 0.9% in premarket trading Thursday, after the canned soup, foods and snacks company reported fiscal fourth-quarter profit that matched expectation and...

Campbell Reports Fourth-Quarter Fiscal 2023 Results; Provides Full-Year Fiscal 2024 Guidance
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its fourth-quarter and full-year fiscal 2023 ended July 30, 2023. CEO Comments “We delivered a strong fiscal ...

2 Stocks that Historically Rise in the Fall
The start of school means that autumn is just around the corner. As temperatures drop, certain seasonal factors come into play in the country and specific industries.
Cramer's Mad Dash on Campbell Soup: People do not want to own recession stocks
CNBC's Jim Cramer delivers his daily Mad Dash.

Campbell to Report Fourth Quarter Fiscal 2023 Results on August 31, 2023
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that it will report its fourth-quarter fiscal 2023 financial results on August 31, 2023. Mark Clouse, President and Chi...
Campbell Soup CEO: Sovos Brands acquisition is a significant source of growth
Campbell Soup CEO Mark Clouse spoke with Yahoo Finance Executive Editor Brian Sozzi about the acquisition of Sovos Brands which include Rao's, Michael Angelo's, and Noosa.