CPB - Campbell Soup Company
| Previous Close | 48.96 |
| Open | 49.11 |
| Bid | 48.85 x 2200 |
| Ask | 48.75 x 800 |
| Day's Range | 48.48 - 49.45 |
| 52 Week Range | 32.17 - 49.56 |
| Volume | 2,005,911 |
| Avg. Volume | 2,005,645 |
| Market Cap | 14.718B |
| Beta (5Y Monthly) | 0.42 |
| PE Ratio (TTM) | 80.78 |
| EPS (TTM) | 0.60 |
| Earnings Date | Feb 24, 2020 - Mar 01, 2020 |
| Forward Dividend & Yield | 1.40 (2.86%) |
| Ex-Dividend Date | Jan 06, 2020 |
| 1y Target Est | 45.20 |
- Zacks
K vs. CPB: Which Stock Should Value Investors Buy Now?
K vs. CPB: Which Stock Is the Better Value Option?
- Zacks
Here's Why Campbell Soup (CPB) is an Appropriate Pick Now
Campbell Soup (CPB) is benefiting from its portfolio refinement efforts and strong snacks business. Also, it is on track with cost-saving initiatives.
- Zacks
Here're 4 Food Stock Treats if You Find TreeHouse Foods Bland
TreeHouse Foods (THS) has been seeing soft sales for a while. Meanwhile, investors can look at four solid food stocks, which carry a solid Zacks Rank and a splendid earnings surprise record.
- Business Wire
Campbell Soup Company Announces Pricing of its Debt Tender Offers
Campbell Soup Company (NYSE:CPB) (the "Company") announced today the pricing of its previously announced offers to purchase for cash up to $1.2 billion (the "Maximum Tender Amount") of its 3.30% Senior Notes due 2021 (up to an increased sublimit of $328,644,000 aggregate principal amount) (the "2021 Notes"), 3.80% Senior Notes due 2042 (the "2042 Notes"), 3.65% Senior Notes due 2023 (up to an increased sublimit of $633,846,000 aggregate principal amount) (the "2023 Notes"), 3.95% Senior Notes due 2025 (up to a sublimit of $300,000,000 aggregate principal amount) (the "2025 3.95% Notes"), 3.30% Senior Notes due 2025 (the "2025 3.30% Notes") and 4.15% Senior Notes due 2028 (up to a sublimit of $50,000,000 aggregate principal amount) (the "2028 Notes", and together with the 2021 Notes, the 2042 Notes, the 2023 Notes, the 2025 3.95% Notes and the 2025 3.30% Notes, the "Securities", and the foregoing sublimits, the "Series Tender Caps"). The Company refers to its offers to purchase the Securities as the "Offers." The Company previously announced today that it amended the Offers to increase the previously announced Maximum Tender Amount from $1.0 billion to $1.2 billion, as well as the previously announced Series Tender Caps for the 2021 Notes and the 2023 Notes as set forth above.
- Business Wire
Campbell Soup Company Announces Upsize and Early Tender Results of its Debt Tender Offers
Campbell Soup Company (NYSE:CPB) (the "Company") announced today that it has amended the terms of the Offers (as defined below) to increase the combined aggregate principal amount of Securities subject to the Offers from $1.0 billion to $1.2 billion (the "Maximum Tender Amount"). Additionally, the Company has amended the Offers to increase the previously announced Series Tender Caps (as defined below) with respect to the 2021 Notes and the 2023 Notes (each as defined below) as set forth in the table below. The Company also announced today the early tender results of its previously announced offers to purchase for cash up to the Maximum Tender Amount of its 3.30% Senior Notes due 2021 (up to an increased sublimit of $328,644,000 aggregate principal amount) (the "2021 Notes"), 3.80% Senior Notes due 2042 (the "2042 Notes"), 3.65% Senior Notes due 2023 (up to an increased sublimit of $633,846,000 aggregate principal amount) (the "2023 Notes"), 3.95% Senior Notes due 2025 (up to a sublimit of $300,000,000 aggregate principal amount) (the "2025 3.95% Notes"), 3.30% Senior Notes due 2025 (the "2025 3.30% Notes") and 4.15% Senior Notes due 2028 (up to a sublimit of $50,000,000 aggregate principal amount) (the "2028 Notes", and together with the 2021 Notes, the 2042 Notes, the 2023 Notes, the 2025 3.95% Notes and the 2025 3.30% Notes, the "Securities"). The Company refers to its offers to purchase the Securities as the "Offers."
- Zacks
Here's Why Post Holdings Stock Appears to be a Promising Bet
Post Holdings (POST) is likely to keep its stellar show on, courtesy of strength in the foodservice segment, buyouts and lower debt.
- Zacks
Know These 3 Facts to Avoid Paying Half Your Retirement Income to the IRS - January 22, 2020
Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.
- Business Wire
Campbell Named One of the World’s Most Sustainable Corporations
Campbell Soup Company (NYSE: CPB) has been named to the 16th annual 100 Most Sustainable Corporations in the World list by Corporate Knights, a media, research and financial products company. Ranked number 93, Campbell is one of 17 U.S. companies, and one of only two U.S. food companies, included in the Global 100. Companies appearing on the Global 100 list represent the top 1% in the world based on sustainability performance according to Corporate Knights. The list was announced yesterday at the World Economic Forum in Davos.
- Business Wire
Campbell Soup Company Named to 2020 Bloomberg Gender-Equality Index
Campbell Soup Company (NYSE: CPB) has been named to the 2020 Bloomberg Gender-Equality Index (GEI) which recognizes companies committed to transparency in disclosing gender-related metrics and investment in workplace gender equality. The third annual index includes 325 companies spanning 50 industries headquartered across 42 countries. Campbell performed well in areas such as Board representation, employee health care and flexible work arrangements.
- Simply Wall St.
Can Campbell Soup Company (NYSE:CPB) Maintain Its Strong Returns?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Schaeffer's Investment Research
The Soup Stock for Options Bulls
Cambell Soup just pulled back to a bullish signal on the charts
- Zacks
TreeHouse Foods (THS) Calls Off Contract With Post Holdings
TreeHouse Foods (THS) and Post Holdings terminate their deal for the RTE cereal business. Also, TreeHouse Foods inks a deal to offload two of its in-store bakery facilities to Rich Products.
- Barrons.com
Campbell Soup and Six Other SEC Filings
Gamco reports to the Securities and Exchange Commission on Oil-Dri Corporation of America, and six other filings.
- American City Business Journals
Outgoing Campbell's executive snags top job at major competitor
Campbell's snacks divisions president is leaving the company to take a job with one of the company's biggest competitors.
- Bloomberg
Kraft Heinz Poaches Rising Star at Campbell in Rare Outside Hire
(Bloomberg) -- Kraft Heinz Co., in the midst of building a turnaround plan, hired the leader of Campbell Soup Co.’s fast-growing snacks business to lead its U.S. operations.Carlos Abrams-Rivera, 52, will join Kraft Heinz in February. He previously was president of Campbell’s popular Pepperidge Farm brand, which makes Goldfish crackers and Mint Milano cookies. He also worked at Mondelez International Inc. and started his career at Kraft Foods before its 2015 merger with Heinz that was engineered by Warren Buffett and the private equity firm 3G Capital.Abrams-Rivera’s hiring is a rarity in a company that has stayed mostly within the 3G family when replenishing its executive ranks. Kraft Heinz Chief Executive Officer Miguel Patricio and Chief Procurement Officer Marcos Eloi both came from 3G-backed Anheuser-Busch InBev SA. Chief Financial Officer Paulo Basilio, who returned to the role in September, has been a partner at 3G since 2012.Since Patricio joined Kraft Heinz last year, investors have been eager to see how he will turn around the flailing business. The company had a tumultuous 2019 that included weak profit, a $15.4 billion writedown and an SEC subpoena. Amid this backdrop, it seems Kraft Heinz is moving beyond the typical 3G playbook, which is to slash costs until profit rises and then acquire competitors and repeat the process.“I want talent, and that’s what I’m looking for,” Patricio told Bloomberg in an interview Wednesday. He cited Abrams-Rivera’s track record at Campbell, including oversight of brands that proved to be consistently successful. The growth of Pepperidge Farm and Campbell’s acquisition of Snyder’s-Lance under Abrams-Rivera drew Kraft Heinz’s attention, he said.“The story of his career is building brands and turning brands around,” Patricio said.Abrams-Rivera will face that very challenge at Kraft Heinz. Patricio mentioned Heinz Ketchup and Philadelphia cream cheese as top performers that can keep growing. Oscar Mayer and Lunchables, meanwhile, are examples of brands that are ready to be turned around, he said.(Adds executives affiliated with 3G in third paragraph.)To contact the reporter on this story: Deena Shanker in New York at dshanker@bloomberg.netTo contact the editors responsible for this story: Sally Bakewell at sbakewell1@bloomberg.net, Jonathan Roeder, Lisa WolfsonFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
- Business Wire
Campbell Soup Company Announces Debt Tender Offers
Campbell Soup Company (NYSE:CPB) (the "Company") announced today it has commenced offers to purchase for cash up to $1.0 billion combined aggregate principal amount (the "Maximum Tender Amount") of its 3.30% Senior Notes due 2021 (up to a sublimit of $300,000,000 aggregate principal amount) (the "2021 Notes"), 3.80% Senior Notes due 2042 (the "2042 Notes"), 3.65% Senior Notes due 2023 (up to a sublimit of $400,000,000 aggregate principal amount) (the "2023 Notes"), 3.95% Senior Notes due 2025 (up to a sublimit of $300,000,000 aggregate principal amount) (the "2025 3.95% Notes"), 3.30% Senior Notes due 2025 (the "2025 3.30% Notes") and 4.15% Senior Notes due 2028 (up to a sublimit of $50,000,000 aggregate principal amount) (the "2028 Notes", and together with the 2021 Notes, the 2042 Notes, the 2023 Notes, the 2025 3.95% Notes and the 2025 3.30% Notes, the "Securities"). The Company refers to its offers to purchase the Securities as the "Offers."
- MarketWatch
Third Point cuts its stake in Campbell Soup by 2.1 million shares
Daniel Loeb's hedge fund Third Point Capital sold off about 2.1 million shares of Campbell Soup Co. , according to a Securities and Exchange Commission filing late Tuesday. From Nov. 5, 2019 to Monday, Third Point sold shares ranging in price from $46.50 to $48.45, with the bulk of the sold shares, 1.9 million, being sold on Monday. Campbell Soup shares were flat after hours, and closed up less than 0.1% at $48.19. Following the sale, the hedge fund still owns 12.5 million shares, or a 4.1% stake in the company, according to the filing. Back in November 2018, Campbell Soup added two Third Point-nominated board members, appointed Third Point-approved Chief Executive Mark Clouse in December 2018, and the hedge fund had been adding to its stake as recently as last February.
- Business Wire
Campbell Announces Departure of Carlos Abrams-Rivera as President of Campbell Snacks
Campbell Soup Company (NYSE:CPB) today announced that, effective Feb. 1, 2020, Carlos Abrams-Rivera, President of Campbell Snacks, will leave the company to accept a role at another corporation. Campbell has launched a search for a successor. Abrams-Rivera will continue to lead the Snacks division through the end of the company’s fiscal second quarter. At that time, Mark Clouse, President and Chief Executive Officer, will lead the Snacks division until a new leader is in place.
- Zacks
GNCGY or CPB: Which Is the Better Value Stock Right Now?
GNCGY vs. CPB: Which Stock Is the Better Value Option?
- Zacks
Campbell (CPB) Gains on Portfolio Refinement Amid Cost Woes
Campbell Soup (CPB) is focused on shifting its overall portfolio toward the fast-growing snacks category. However, the company has been battling input cost inflation.
- Zacks
Campbell (CPB) Up 1.8% Since Last Earnings Report: Can It Continue?
Campbell (CPB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Insider Monkey
How Did Campbell Soup Company (CPB) Perform In Comparison to Hedge Fund Favorites in 2019?
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […]
- Moody's
Campbell Soup Company -- Moody's affirms Campbell Soup at Baa2/Prime-2; outlook revised to stable
Moody's Investors Service, Inc. today affirmed Campbell Soup Company's senior unsecured debt rating at Baa2 and its commercial paper rating at Prime-2. This amount is about half of the $6.2 billion of debt Campbell took on to fund the Snyder's-Lance acquisition in March 2018.
- Zacks
Campbell Soup (CPB) Concludes Divestiture of Arnott's to KKR
Campbell (CPB) is focusing on exiting non-key businesses. Accordingly, the company completes the divestiture of Arnott's and certain International operations.
- Business Wire
Campbell Completes Sale of Arnott’s and Certain of Campbell’s International Operations to KKR for Approximately $2.2 Billion
Campbell Soup Company (NYSE: CPB) announced today that it has completed the sale of Arnott’s and certain of Campbell’s International operations to KKR (NYSE: KKR) for approximately $2.2 billion in cash, subject to customary adjustments. With this transaction, Campbell has now completed the sale of its entire Campbell International division, including Kelsen Group, for an aggregate price of approximately $2.5 billion.
