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Campbell Soup Co (CPB)

CPB on New York Consolidated

54.70USD
30 Sep 2016
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$0.32 (+0.59%)
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Thu, Sep 1 2016

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Campbell Soup results hit by weak carrot business

Campbell Soup Co reported a smaller-than-expected quarterly adjusted profit due to a product recall as well as higher costs and lower sales of carrots, issues that the company expects will dent sales for the rest of the year.

UPDATE 3-Campbell Soup results hit by weak carrot business

* Shares hit more than six-month low (Adds details from conf call, updates shares)

BRIEF-Campbell Soup CEO says made changes to Campbell Fresh management

* CEO on conf call- Bolthouse Farms Protein Plus drinks accounts for about 15% of Bolthouse business

BRIEF-Campbell Soup posts Q4 adj. earnings per share $0.46

* Quarter and full-year results and increases quarterly dividend

Campbell Soup reports "disappointing" fresh, organic foods sales

Sept 1 Campbell Soup Co, the world's largest soupmaker, posted a slight fall in quarterly sales and called the performance of its fresh and organic foods "disappointing."

BRIEF-Campbell Soup lowers its outlook for FY net sales

* Revises fiscal 2016 full-year sales guidance and outlines factors impacting fiscal 2017

BRIEF-Campbell Soup urges Congress to enact national mandatory GMO labeling legislation

* Campbell urges congress to enact national mandatory gmo labeling legislation

BRIEF-Campbell Soup sets regular qtrly dividend $0.312 per share

* Sets regular quarterly dividend of $0.312per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

BRIEF-J Escom Holdings unit to sign license agreement with Itochu Fashion System Co.,Ltd.

* Says its Tokyo-based unit, which is managing the magazine "Soup", planned to sign license agreement with Itochu Fashion System Co.,Ltd.

Campbell sales disappoint, shares drop 6 percent

Campbell Soup Co reported a higher quarterly net profit on Friday, but sales fell below expectations, sending the soup maker's shares down in its deepest nose-dive in more than two years.

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