CPB Stock Recent News

CAMDEN, N.J.--(BUSINESS WIRE)--The Campbell's Company (NASDAQ:CPB) (Campbell's) today announced that Mick Beekhuizen, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the BofA Securities 2025 Consumer and Retail Conference on Tuesday, March 11, 2025 at 8:50 a.m. EST. A listen-only live webcast of the fireside chat can be accessed under the Events & Presentations section of the company's i.

CAMDEN, N.J.--(BUSINESS WIRE)--The Board of Directors of The Campbell's Company (NASDAQ:CPB) (Campbell's) today declared a regular quarterly dividend on the company's capital stock of $0.39 per share. The quarterly dividend is payable April 28, 2025, to shareholders of record at the close of business as of April 3, 2025. About The Campbell's Company For 155 years, The Campbell's Company (NASDAQ:CPB) (Campbell's) has been connecting people through food they love. Headquartered in Camden, N.J. si.

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.

Calvert Research and Management's annual review identified the top 100 sustainable companies based on 230 ESG performance indicators, focusing on planet, workplace, customer, community, and shareholder categories. Four dividend-paying companies—Interpublic Group, Regions Financial, Hormel Foods, and HP Inc.—meet the Dogcatcher ideal, with annual dividends from a $1K investment exceeding their share prices. Analysts estimate net gains of 18.08% to 50.6% for the top ten ESG companies by February 2026, with the average net gain projected at 26.12%.

CPB has sold its Noosa yogurt business to Lakeview Farms to focus on core brands and streamline operations.

CAMDEN, N.J.--(BUSINESS WIRE)--The Campbell's Company (NASDAQ:CPB) (Campbell's) today announced it has completed the sale of the noosa yoghurt business to Lakeview Farms, LLC, a manufacturer of fresh dips, desserts and specialty products. Terms of the transaction were not disclosed. Lakeview Farms and noosa will combine and now be known as Novus Foods. As stated when the sale agreement was announced in Nov. 2024, Campbell's expects the divestiture to be dilutive to earnings per share by approxi.

The Campbell's Company, with a diverse product portfolio and stable demand, offers security despite recent share price declines and competitive market pressures. The acquisition of Sovos Brands drives growth, but high debt and interest expenses limit earnings per share, posing financial concerns. Fiscal 2025 outlook is positive with expected net sales growth of 9%-11% and adjusted EPS increase of 1%-4%, driven by Sovos products.

The Campbell's Company is an undervalued income stock with strong market share and a well-covered 4.1% dividend yield, making it a solid value pick. The Sovos Brands acquisition, especially the high-growth Rao's brand, positions CPB for sustained expansion and enhances its product portfolio. Cost-saving initiatives and management's focus on improving margins are expected to drive profitability.

These high-quality companies are solid—and their stocks look cheap.

CAMDEN, N.J.--(BUSINESS WIRE)--The Campbell's Company (NASDAQ:CPB) (Campbell's) today announced the appointment of Risa Cretella as Executive Vice President and President, Meals & Beverages, effective Feb. 1, 2025. She will report to incoming President and Chief Executive Officer Mick Beekhuizen and become a member of the company's Operating Committee and a Corporate Officer. Cretella joined Campbell's in March 2024 following the completion of the acquisition of Sovos Brands Inc. as Senior.