Campbell Soup Company is a leading global food company known for its diverse portfolio of products, which includes soups, sauces, snacks, and beverages
The company focuses on delivering nutritious and convenient food options to consumers, drawing on its heritage of culinary expertise and innovation. With a commitment to sustainability and quality, Campbell Soup engages in responsible sourcing and environmentally-friendly practices while continually adapting to evolving consumer tastes and preferences. Through its well-recognized brands, Campbell Soup aims to foster connections between people and food, enhancing mealtime experiences for families around the world.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Campbell's (NASDAQCPB) and the rest of the shelf-stable food stocks fared in Q4.
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Packaged food company Campbell's (NASDAQCPB) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 9.3% year on year to $2.69 billion. Its non-GAAP profit of $0.74 per share was 2.2% above analysts’ consensus estimates.
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Campbell's Company reported a 9% increase in Q2 sales, reaching $2.685 billion, but fell short of the $2.74 billion estimate. Organic net sales declined 2%, impacted by flat volume and price adjustments.
Campbell's Company (NASDAQCPB) to release Q2 results on 3/5. Expected earnings at 72c/share, revenue $2.74B. Named new EVP & President. Dividend yield 3.78%.
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
Over the last six months, Campbell’s shares have sunk to $39.79, producing a disappointing 15.3% loss - a stark contrast to the S&P 500’s 11.1% gain. This may have investors wondering how to approach the situation.
