Campbell Soup Company (CPB)
Market Cap | 14.84B |
Revenue (ttm) | 9.64B |
Net Income (ttm) | 567.00M |
Shares Out | 298.55M |
EPS (ttm) | 1.89 |
PE Ratio | 26.31 |
Forward PE | 15.68 |
Dividend | $1.48 (2.98%) |
Ex-Dividend Date | Jul 3, 2024 |
Volume | 2,971,762 |
Open | 49.01 |
Previous Close | 49.25 |
Day's Range | 49.01 - 49.93 |
52-Week Range | 37.94 - 50.99 |
Beta | 0.16 |
Analysts | Hold |
Price Target | 46.80 (-5.87%) |
Earnings Date | Aug 29, 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 2024, CPB's revenue was $9.64 billion, an increase of 2.98% compared to the previous year's $9.36 billion. Earnings were $567.00 million, a decrease of -33.92%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for CPB stock is "Hold." The 12-month stock price forecast is $46.8, which is a decrease of -5.87% from the latest price.
News
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Campbell Soup Company (CPB) Q4 2024 Earnings Call Transcript
Campbell Soup Company (NASDAQ:CPB) Q4 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Rebecca Gardy - Chief IR Officer Mark Clouse - CEO Carrie Anderson - CFO Conference...
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CORRECTING and REPLACING Campbell Reports Fourth-Quarter Fiscal 2024 Results; Provides Full-Year Fiscal 2025 Guidance
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) - Earlier today, Campbell issued its fourth quarter earnings press release. The purpose of this press release is to correct one error ...
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Campbell Soup forecasts annual sales above estimates on steady demand
Campbell Soup Co forecast annual sales above Wall Street expectations on Thursday, betting on benefits from several quarters worth of price hikes as well as steady demand for its soups and ready-to-ea...
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Campbell Reports Fourth-Quarter Fiscal 2024 Results; Provides Full-Year Fiscal 2025 Guidance
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) today reported results for its fourth-quarter and full-year fiscal 2024 ended July 28, 2024. Unless otherwise stated, all comparisons ...
![](https://cdn.snapi.dev/images/v1/9/a/press19-2609869.jpg)
Campbell Sells Pop Secret Business to Our Home
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) today announced the completed sale of the Pop Secret popcorn business to Our Home, an independent better-for-you snack company. Terms ...
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Food Sector M&A Is Heating Up, Gabelli Fund Manager Says: Watch For BellRing Brands, Campbell Soup
The food industry is ripe for consolidation now that the Federal Reserve is expected to cut interest rates in September.
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Campbell Soup Is A Growing Sauce Player After Sovos Acquisition
Campbell Soup Company has risen almost 14% in price since January, following the acquisition of Sovos Brands for $2.7 billion. The acquisition makes Campbell Soup a major player in the sauce market, s...
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Campbell to Report Fourth-Quarter and Full-Year Fiscal 2024 Results on August 29, 2024
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today announced that it will report its fourth-quarter and full-year fiscal 2024 financial results on August 29, 2024. Mark Clouse, Pres...
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Campbell to Transfer Stock Exchange Listing to Nasdaq
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today announced that it will transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Mar...
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Campbell Names Jill Pratt Senior Vice President, Chief Marketing Officer, Meals & Beverages
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced the appointment of Jill Pratt as Senior Vice President, Chief Marketing Officer of its Meals & Beverages division, effe...
![](https://cdn.snapi.dev/images/v1/e/v/semi15-2538461.jpg)
24 Barron's Pro-Picked 2024 Mid-Year Dividend Dogs: Buy 2 In July
Barron's Mid-Year 2024 Pro Picks revealed by panelists for potential investment opportunities. Barron's interviews of eleven financial industry Roundtable-pros tapped 48 predictions. Twelve non-ADR fo...
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Kimberly-Clark Names Craig Slavtcheff Chief Research and Development Officer
Robert Long to retire after 45 distinguished years in CPG DALLAS , July 16, 2024 /PRNewswire/ -- Kimberly-Clark (NYSE: KMB) today announced that Craig Slavtcheff has been appointed Chief Research and ...
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Going Beyond Morningstar's 10 Best Value Stocks List
Morningstar published 10 Best Value Stocks to Buy for the Long Term, undervalued blue-chip stocks with low price to fair value. Valuation and future return of each stock analyzed, compared to the S&P ...
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.
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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...
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Campbell Soup: Mixed Q3 Results And Long-Term Debt Reduction Leave Shares Unattractive
Campbell Soup shares have underperformed due to elevated food inflation and constrained consumer sentiment and volumes. The acquisition of Sovos Brands will boost sales, but it will take time to reduc...
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.
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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 Company (CPB) Q3 2024 Earnings Call Transcript
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...
![](https://cdn.snapi.dev/images/v1/2/c/cs2-2463420.jpg)
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 ...
![](https://cdn.snapi.dev/images/v1/f/4/press9-2451538.jpg)
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...