CPB Stock Recent News

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 Brands.

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 period of fiscal 2023. Third quarter and year-to-date financial results include a partial quarter of contribution of the Sovos Brands acquisition. CEO Comments “We delivered a solid third quarter with sequential volume improvement, stable organic net sales, double-digit adjusted EBIT and adjusted E.

Campbell Soup's (CPB) Q3 results are likely to reflect gains from strategic priorities and the Snacks business, while marketing costs and a tough consumer landscape are concerns.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Campbell (CPB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended April 2024.

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.

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 Financial Officer, will participate in a virtual fireside chat at the 4th Annual Evercore ISI Consumer and Retail Conference on Thursday, June 13, 2024 at 3:30 p.m. EDT. The discussion will be available via a listen-only live webcast accessible at https://wsw.com/webcast/evercore43/cpb/2141898. A listen-.

Campbell Soup (NYSE: CPB ) layoffs are a hot topic on Tuesday as the canned soup company announces plans to cut jobs as part of a reorganization. Campbell Soup says that it's restructuring its business to be more efficient.

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.

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 will affect 415 jobs.

Campbell (CPB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.