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Campbell and Sovos Brands Certify Substantial Compliance with Second Request from FTC; Begins the Start of 30-Day Waiting Period

$CPB
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Packaged Foods
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Recent Analyst Ratings for
$CPB
$SOVO

CompanyDatePrice TargetRatingAnalyst
The Campbell's Company
$CPB
3/17/2025Overweight → Equal Weight
Consumer Edge Research
3
The Campbell's Company
$CPB
3/6/2025$48.00 → $37.00Overweight → Neutral
Analyst
3
The Campbell's Company
$CPB
11/14/2024$47.00 → $56.00Neutral → Overweight
Piper Sandler
3
The Campbell's Company
$CPB
10/7/2024$55.00 → $58.00Mkt Perform → Outperform
Bernstein
3
The Campbell's Company
$CPB
9/27/2024$51.00Buy → Neutral
DA Davidson
3
The Campbell's Company
$CPB
9/20/2024$59.00Hold → Buy
Argus
3
The Campbell's Company
$CPB
6/26/2024$45.00 → $52.00Neutral → Overweight
JP Morgan
3
The Campbell's Company
$CPB
5/15/2024$42.00 → $46.00Underperform → Mkt Perform
Bernstein
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 Press Releases

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  • Campbell's Reports Second Quarter Fiscal 2025 Results

    Net Sales increased 9% to $2.7 billion and decreased 2% on an organic basis. Earnings Before Interest and Taxes (EBIT) were $327 million. Adjusted EBIT increased 2% to $372 million including the impact of the Sovos Brands, Inc. (Sovos Brands) acquisition. Earnings Per Share (EPS) were $0.58. Adjusted EPS decreased 8% to $0.74. Fiscal year-to-date cash flow from operations was $737 million; returned $283 million to shareholders through dividends and share repurchases. Updates full-year fiscal 2025 guidance. The Campbell's Company (NASDAQ:CPB) today reported results for its second quarter fiscal 2025 ended January 26, 2025. Unless otherwise stated, all comparisons are to the same p

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  • The Campbell's Company to Participate in a Fireside Chat at BofA Securities 2025 Consumer and Retail Conference on March 11

    The Campbell's Company (NASDAQ:CPB) (Campbell's) today announced that Mick Beekhuizen, 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 2025 Consumer and Retail Conference on Tuesday, March 11, 2025 at 8:50 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 will be accessible after the event through the same website. About Campbell For 155 years, The Campbell's Company (NASDAQ:CPB) (Campbell's) has been conn

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  • The Campbell's Company Declares Quarterly Dividend

    The Board of Directors of The Campbell's Company (NASDAQ:CPB) (Campbell's) today declared a regular quarterly dividend on the company's capital stock of $0.39 per share. The quarterly dividend is payable April 28, 2025, to shareholders of record at the close of business as of April 3, 2025. About The Campbell's Company For 155 years, The Campbell's Company (NASDAQ:CPB) (Campbell's) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across

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  • Campbell's Appoints Risa Cretella President of Meals & Beverages Division

    Cretella Led the Rapid Growth of Rao's for the Last Six Years The Campbell's Company (NASDAQ:CPB) (Campbell's) today announced the appointment of Risa Cretella as Executive Vice President and President, Meals & Beverages, effective Feb. 1, 2025. She will report to incoming President and Chief Executive Officer Mick Beekhuizen and become a member of the company's Operating Committee and a Corporate Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122437443/en/Risa Cretella (Photo: Business Wire) Cretella joined Campbell's in March 2024 following the completion of the acquisition of Sovos Brands Inc. as Senior Vice Pre

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  • SPRITZ SOCIETY AND V8® PARTNER TO LAUNCH A FIRST-OF-ITS-KIND BLOODY MARY SPRITZ

    The Collaboration Reinvents a Classic by Bringing Together Spritz Society's Award-Winning Taste with V8's Classic Tomato Flavor NEW YORK, Dec. 12, 2024 /PRNewswire/ -- Spritz Society, the award-winning sparkling cocktail brand, has partnered with V8®, the original plant-powered drink, to develop a first-of-its-kind Bloody Mary Spritz. Combining Spritz Society's passion for high-quality, convenient cocktails and V8's tradition of bold, vegetable-packed flavors, the result is a fresh and unique take on the traditional Bloody Mary.  SPRITZ SOCIETY AND V8® PARTNER TO LAUNCH A FIRS

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  • Campbell's Appoints Daniel L. Poland Chief Enterprise Transformation Officer

    Cassandra Green named Senior Vice President and Head of Supply Chain Campbell Soup Company (NASDAQ:CPB) (Campbell's) today announced the appointment of Daniel L. Poland to the newly created role of Executive Vice President and Chief Enterprise Transformation Officer, effective immediately. Poland will continue to report to President and Chief Executive Officer Mark Clouse and remain a member of Campbell's Operating Committee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241114358374/en/Daniel L. Poland, Executive Vice President and Chief Enterprise Transformation Officer (Photo: Business Wire) Poland will lead a new Enterpri

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  • Campbell's Reports Second Quarter Fiscal 2025 Results

    Net Sales increased 9% to $2.7 billion and decreased 2% on an organic basis. Earnings Before Interest and Taxes (EBIT) were $327 million. Adjusted EBIT increased 2% to $372 million including the impact of the Sovos Brands, Inc. (Sovos Brands) acquisition. Earnings Per Share (EPS) were $0.58. Adjusted EPS decreased 8% to $0.74. Fiscal year-to-date cash flow from operations was $737 million; returned $283 million to shareholders through dividends and share repurchases. Updates full-year fiscal 2025 guidance. The Campbell's Company (NASDAQ:CPB) today reported results for its second quarter fiscal 2025 ended January 26, 2025. Unless otherwise stated, all comparisons are to the same p

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    The Board of Directors of The Campbell's Company (NASDAQ:CPB) (Campbell's) today declared a regular quarterly dividend on the company's capital stock of $0.39 per share. The quarterly dividend is payable April 28, 2025, to shareholders of record at the close of business as of April 3, 2025. About The Campbell's Company For 155 years, The Campbell's Company (NASDAQ:CPB) (Campbell's) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across

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  • The Campbell's Company to Report Second Quarter Fiscal 2025 Results on March 5, 2025

    The Campbell's Company (NASDAQ:CPB) (Campbell's) today announced that it will report its second quarter fiscal 2025 financial results on March 5, 2025 for the period ended January 26, 2025. Mick Beekhuizen, 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 fiscal 2025 earnings press release will be distributed prior to the call. In addition, prior to the call, a transcript of management's prepared remarks along with the earnings presentation will be posted to the Events & Presentations section of the investor

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