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Campbell's was the first to sell canned soup more than a century ago. The company's cans later were featured in iconic pop art by Andy Warhol.
Campbell Soup is dropping "soup" from its name to become "The Campbell's Company," CEO Mark Clouse said on Tuesday, a pivot symbolizing the company's shift to other packaged food such as jarred sauces like Rao's and Goldfish snacks.
For each sack made across the NFL, Chunky® will make a donation that will help provide meals to families in need. CAMDEN, N.J.
Campbell Soup Company (NYSE:CPB) projected annual sales growth exceeding Wall Street estimates, driven by recent price hikes and strong demand for its soups and ready-to-eat meals. The company forecasts annual sales growth between 9% and 11% for fiscal 2025, exceeding Wall Street's expectation of an 8.92% increase.
Campbell Soup's Q4 results reflect gains from the Sovos Brands buyout and supply-chain productivity. CPB's organic sales fall due to adverse net price realization.
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 Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Michael Lavery - Piper Sandler Jim Salera - Stephens Operator Greetings, ladies and gentlemen, and welcome to the Campbell Soup Company Fourth Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded.
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-eat meals.
The food industry is ripe for consolidation now that the Federal Reserve is expected to cut interest rates in September.
Evaluate the expected performance of Campbell (CPB) for the quarter ended July 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Campbell (CPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.