Associated tags: Pace, Environment, CPB, V8, Human, Food, Pepperidge Farm, Campbell Soup Company, Love, Drink, Standard, Late, Retail, Beverage, NYSE, Supermarket, News
Locations: HARRIS, OHIO, UTAH, FLORIDA, NEW JERSEY, UNITED STATES, NORTH AMERICA, LANCE, CAMPBELL, MILAN
Retrieved on:
Wednesday, April 17, 2024
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Nursing Campbell Soup Company (NYSE: CPB) and The Campbell’s Foundation today announced $880,000 in Community Impact Grants to 44 nonprofit organizations positively impacting communities where Campbell operates.
Key Points:
- Campbell Soup Company (NYSE: CPB) and The Campbell’s Foundation today announced $880,000 in Community Impact Grants to 44 nonprofit organizations positively impacting communities where Campbell operates.
- The grants provide support to organizations that nurture Campbell neighborhoods, increase food access and encourage healthy living.
- These latest grants bring Campbell’s fiscal 2024 grantmaking total to more than $2.4 million.
- “The Campbell’s Foundation Community Impact Grants program empowers our employees to give back and support organizations making a meaningful impact in the communities we call home,” said Kate Barrett, President of The Campbell’s Foundation.
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Foodservice Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion.
Key Points:
- Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion.
- Sovos Brands recently reported $1.0 billion in net sales for the year ended Dec. 30, 2023 with an organic net sales increase of 25%1 year over year.
- As stated when the acquisition was announced, Campbell plans to evaluate strategic alternatives for the brand.
- Campbell will discuss the impact of the acquisition to its fiscal 2024 guidance when the company reports third-quarter earnings in June.
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Baking CAMDEN, N.J., April 4, 2024 /PRNewswire/ -- Pepperidge Farm is celebrating National Grilled Cheese Month by inviting consumers to " Have A Little Taste " and hold their grilled cheese sandwiches to a higher standard with Pepperidge Farm Farmhouse Hearty White Bread.
Key Points:
- CAMDEN, N.J., April 4, 2024 /PRNewswire/ -- Pepperidge Farm is celebrating National Grilled Cheese Month by inviting consumers to " Have A Little Taste " and hold their grilled cheese sandwiches to a higher standard with Pepperidge Farm Farmhouse Hearty White Bread.
- From cheese and bread choices to optimal cooking methods and condiments, Americans are passionate about their grilled cheese preferences.
- The Pepperidge Farm Grilled Cheese Survey reveals what America agrees on and where opinions are split, and it all starts with the bread.
- This Grilled Cheese Month, Pepperidge Farm invites consumers to join the conversation and share how they prefer their grilled cheese with Pepperidge Farm Farmhouse Hearty White by tagging @pepperidgefarm on social.
New Pepperidge Farm Lemon Blueberry Flavored Swirl offers an elevated pairing of zesty lemon and sweet blueberry flavors delicately swirled into every slice and is a delicious addition to breakfast breads.
Key Points:
- New Pepperidge Farm Lemon Blueberry Flavored Swirl offers an elevated pairing of zesty lemon and sweet blueberry flavors delicately swirled into every slice and is a delicious addition to breakfast breads.
- In fact, in testing, Lemon Blueberry was the top consumer choice for the next flavor of Pepperidge Farm Swirl bread.
- The new Lemon Blueberry Flavored Swirl is a permanent addition to the Pepperidge Farm Swirl collection.
- From the Pepperidge Farm ovens to your home, find Lemon Blueberry Flavored Swirl Bread available at national retailers this spring for an SRP of $4.69.
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Pharmaceutical industry Given the sequential volume and margin improvement for its key brands and categories, the company is reaffirming its full-year fiscal 2024 guidance provided on August 31, 2023.
Key Points:
- Given the sequential volume and margin improvement for its key brands and categories, the company is reaffirming its full-year fiscal 2024 guidance provided on August 31, 2023.
- The company continues to expect sequential earnings and margin progress in the balance of the fiscal year reflecting a moderating inflationary environment and on-going productivity improvements.
- The pending acquisition of Sovos Brands is currently expected to close the week of March 11, 2024 and is not included in Campbell's current fiscal 2024 outlook.
- The full-year fiscal 2024 guidance is set forth in the table below:
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BofA Securities 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 fireside chat at the BofA Securities 2024 Consumer and Retail Conference on March 12, 2024, at 9:40 a.m. EST.
Key Points:
- 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 fireside chat at the BofA Securities 2024 Consumer and Retail Conference on March 12, 2024, at 9:40 a.m. EST.
- A listen-only live webcast of the fireside chat can be accessed under the Events & Presentations section of the company's investor relations website: https://investor.campbellsoupcompany.com .
- A replay of the webcast will be available following the event.
Retrieved on:
Wednesday, February 28, 2024
The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.37 per share. The quarterly dividend is payable April 29, 2024, to shareholders of record at the close of business as of April 4, 2024.
Key Points:
The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.37 per share. The quarterly dividend is payable April 29, 2024, to shareholders of record at the close of business as of April 4, 2024.
Retrieved on:
Wednesday, February 21, 2024
Campbell Soup Company (NYSE: CPB) today announced that it will report its second-quarter fiscal 2024 financial results on March 6, 2024.
Key Points:
- Campbell Soup Company (NYSE: CPB) today announced that it will report its second-quarter fiscal 2024 financial results on March 6, 2024.
- Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financial Officer will host an investor conference call and webcast at 8:00 a.m.
- ET to review these results.
- The company’s second-quarter earnings press release will be distributed prior to the call.
Retrieved on:
Tuesday, February 20, 2024
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Pace Campbell Soup Company (NYSE: CPB) today announced the appointment of Anthony Kyles as Chief Customer Officer, Meals & Beverages, effective March 4, 2024.
Key Points:
- Campbell Soup Company (NYSE: CPB) today announced the appointment of Anthony Kyles as Chief Customer Officer, Meals & Beverages, effective March 4, 2024.
- View the full release here: https://www.businesswire.com/news/home/20240220029505/en/
Kyles will lead the U.S. retail sales team for Campbell’s soups, meals, sauces and beverages, driving growth across the Meals & Beverages division with the company’s retail customers.
- He will join the Campbell Leadership Team and will report to Mick Beekhuizen, Campbell’s Executive Vice President and President, Meals & Beverages.
- Since joining PepsiCo in 2007, Kyles has held multiple roles with increasing leadership responsibilities overseeing category growth strategies across various channels.
Retrieved on:
Tuesday, February 20, 2024
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Baking Alongside the new cookie, Pepperidge Farm is teaming up with Emmy-award winning actor Hannah Waddingham for the next iteration of their ad campaign.
Key Points:
- Alongside the new cookie, Pepperidge Farm is teaming up with Emmy-award winning actor Hannah Waddingham for the next iteration of their ad campaign.
- The very definition of class, humor, and charm, Hannah embodies the impeccable taste of Pepperidge Farm.
- Her unapologetic love of Milano Double Dark cookies, Pepperidge Farm Hearty White Bread and now Milano London Fog cookies, makes Hannah the perfect partner.
- Milano London Fog cookies, in beautiful lavender packaging, are available at major retailers for a limited time starting in March.
