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Campbell Reports First-Quarter Fiscal 2022 Results
Campbell Soup Says Entered Into A Five-Year Credit Agreement
Campbell Reports Fourth-Quarter And Full-Year Fiscal 2021 Results Provides Full-Year Fiscal 2022 Guidance
Campbell Soup Company (Campbell) is a food company, which manufactures and markets food products. The Company's segments include Americas Simple Meals and Beverages, and Global Biscuits and Snacks. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses. Americas Simple Meals and Beverages segment includes the products, such as Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans and dinner sauces; Plum food and snacks; V8 juices and beverages, and Campbell's tomato juice. The Global Biscuits and Snacks segment includes Pepperidge Farm cookies, crackers, bakery and frozen products.
Keith R. McLoughlin
Independent Chairman of the Board
Mark A. Clouse
President, Chief Executive Officer, Director
Mick J. Beekhuizen
Chief Financial Officer, Executive Vice President
Xavier F. Boza
Chief Human Resource Officer, Executive Vice President
Adam G. Ciongoli
Executive Vice President, General Counsel, Chief Sustainability, Corporate Responsibility and Governance Officer
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Campbell Soup Co on Wednesday warned its current-quarter gross margins will be under pressure due to higher labor and raw material expenses, even as it beat Wall Street expectations for first-quarter profit.
Campbell Soup Co said on Wednesday it was planning to increase prices of some products, as it deals with higher ingredient and freight costs that are likely to plague packaged foods makers through the year.
Campbell Soup Co forecast fiscal 2022 earnings below market estimates on Wednesday, as higher packaging, ingredients and transportation expenses eat into its profit margins.
Campbell Soup Co convinced the U.S. Court of Appeals for the Federal Circuit on Thursday to invalidate a former contractor's soup-can dispenser design patents that the Patent Trial and Appeal Board had upheld twice.
Campbell Soup Co on Wednesday slashed its forecast for annual earnings after the company's quarterly results fell short of estimates, hurt by higher costs related to raw materials and transportation.
Campbell Soup Co reported a near 5% fall in quarterly profit on Wednesday, hurt by rising raw material and supply chain costs.
Campbell Soup Co said on Wednesday it expects current-quarter sales to be pressured due to supply chain disruptions caused by a major winter storm and deep freeze that engulfed several U.S. states.
Campbell Soup Co missed Wall Street estimates for quarterly revenue on Wednesday, hurt by declines at its foodservices segment due to the COVID-19 pandemic.
Campbell Soup Co beat Wall Street estimates for quarterly revenue on Wednesday, as supermarkets bulk-purchased its soups in preparation for winter sales and an extended coronavirus-led home confinement saw more people dining at home.
Campbell Soup Co beat Wall Street estimates for quarterly revenue on Wednesday, helped by a rise in shoppers stockpiling its soups and snacks in preparation for winter and an extended at-home confinement due to COVID-19 curbs.
Campbell Soup Co <CPB.N> on Thursday forecast first-quarter revenue largely above market estimates due to pandemic-buying, but said it expects sales to drop off in the second-half of its fiscal year as people start dining out again, sending shares down 5.5%.
Campbell Soup Co beat analysts' estimates for quarterly sales and forecast a 7% rise in current-quarter sales, benefiting from a surge in demand for Prego pasta sauces and Goldfish crackers from consumers stuck indoors due to the COVID-19 pandemic.
Campbell Soup Co <CPB.N> raised its 2020 outlook after beating expectations for third-quarter results as consumers stocked up on soup and sauces during the pandemic.
Goldfish crackers maker Campbell Soup Co raised its fiscal 2020 adjusted profit and net sales forecast on Wednesday, as demand for its soups, biscuits and snacks surged amid stay-at-home orders to curb the spread of COVID-19.
* THIRD POINT LLC DISSOLVES SHARE STAKE IN FOX CORP - SEC FILING
Campbell Soup Co <CPB.N> on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and snacks, and its shares rose 5% in early trade.
Campbell Soup <CPB.N> said it is ordering more ingredients to ensure it can keep enough soups, sauces and snacks on hand to meet growing demand from retailers as U.S. consumers hoard food in preparation for potential coronavirus quarantines.
U.S. food company Campbell Soup Co raised its forecast for annual earnings on Wednesday, after it beat Wall Street estimates for quarterly sales, powered by improved demand at its soup business.
* Q2 EARNINGS PER SHARE ESTIMATE $0.66 -- REFINITIV IBES DATA
Campbell Soup Co <CPB.N> on Wednesday missed quarterly sales estimates after a late Thanksgiving delayed soup shipments, and lowered its fiscal 2020 sales forecast to account for the sale of its European chips business.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.