|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||43.52 - 44.31|
|52 Week Range||42.82 - 59.94|
|PE Ratio (TTM)||12.71|
|Earnings Date||May 17, 2018 - May 21, 2018|
|Forward Dividend & Yield||1.40 (3.17%)|
|1y Target Est||47.86|
By Aishwarya Venugopal (Reuters) - Cheerios cereal maker General Mills Inc (GIS.N) will buy Blue Buffalo Pet Products Inc (BUFF.O) for nearly $8 billion (5.72 billion pounds), foraying into a fast-growing ...
The soup and snacks manufacturer has been mired in the task of updating its product lines to suit contemporary tastes, but it's starting to make tangible progress.
Incremental sales from CPB’s Pacific Foods acquisition and favorable currency rates supported the company’s top line growth rate. Organic sales fell 2% on a YoY basis, reflecting lower volumes. Campbell’s net sales in the Americas Simple Meals and Beverages segment fell 2%, reflecting continued falls in soup and V8 beverage sales partially offset by benefits from the acquisition of Pacific Foods.
Campbell Soup Company President and Chief Executive Officer Denise Morrison and Senior Vice President and Chief Financial Officer Anthony DiSilvestro will provide an overview of the company’s strategy and progress on its transformation at 11 a.m.
Food makers’ earnings show they remain under pressure as consumers hunt for healthier meals and snacks.
Stocks that moved substantially or traded heavily Friday: Kraft Heinz Co., down $1.91 to $70.80 The food conglomerate had a weak quarter as cheese sales declined. Deere & Co., up $2.63 to $169.44 The farm ...
The Dow and S&P 500 regained momentum and closed higher on Friday after a federal grand jury indicted 13 Russian nationals and three Russian entities accused of interfering with U.S. elections.
Net sales weren't hot at Campbell Soup during the second quarter of the company's fiscal year, and Walmart Inc. might be to blame. The Camden, New Jersey-based snack and food manufacturer cited a 2 percent drop in organic net sales as retail giant Walmart — a key customer in North America — placed fewer orders for the renown canned soups that the company distributes. The Walmart factor dates back to November and caused Campbell shares to plunge more than 7 percent after the food giant said that soup sales in the U.S. fell 9 percent from a year ago.
Campbell Soup beat on earnings per share and revenue expectations, but the company is struggling with its key segments and customers.
Campbell Soup Co. beat Wall Street second-quarter expectations, but declining soup and juice sales and an ongoing dispute with Walmart left investors cold and shares fell in morning trading. U.S. soup ...
Campbell Soup (CPB) posted second-quarter fiscal 2018 results, wherein both earnings and sales surpassed the Zacks Consensus Estimate.
Campbell Soup reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups.