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Campbell Soup Co (CPB.N)

CPB.N on New York Stock Exchange

38.24USD
22 Mar 2019
Change (% chg)

$0.38 (+1.00%)
Prev Close
$37.86
Open
$37.74
Day's High
$38.37
Day's Low
$37.73
Volume
580,039
Avg. Vol
715,213
52-wk High
$44.20
52-wk Low
$32.04

Latest Key Developments (Source: Significant Developments)

Campbell Soup Reports Q2 Adj EPS Of $0.77
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Campbell Soup Co ::CAMPBELL REPORTS SECOND-QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.77 EXCLUDING ITEMS.Q2 LOSS PER SHARE $0.20.Q2 SALES $2.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.68 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.70 -- REFINITIV IBES DATA.CAMPBELL REAFFIRMS FISCAL 2019 GUIDANCE.QTRLY EARNINGS PER SHARE LOSS OF $0.20 REFLECTING IMPAIRMENT CHARGES RELATED TO CAMPBELL FRESH SEGMENT.CURRENT QUARTER INCLUDED PRE-TAX IMPAIRMENT CHARGES OF $346 MILLION, OR $0.88 PER SHARE, RELATED TO CAMPBELL FRESH SEGMENT.SAYS FOR QUARTER, CO "DELIVERED SALES AND EARNINGS PERFORMANCE IN LINE WITH OUR EXPECTATIONS".SALES IN QUARTER DECREASED 7 PERCENT TO $239 MILLION IN CAMPBELL FRESH SEGMENT.FY2019 EARNINGS PER SHARE VIEW $2.44, REVENUE VIEW $9.91 BILLION -- REFINITIV IBES DATA.EXCLUDING BENEFIT FROM PACIFIC FOODS DEAL, QTRLY SALES OF U.S. SOUP WERE COMPARABLE TO PRIOR YEAR.CAMPBELL-NON-CASH IMPAIRMENT CHARGE OF $75 MILLION RELATED TO CAMPBELL FRESH SEGMENT, $27 MILLION RELATED TO COST SAVINGS, $24 MILLION DEAL RELATED COSTS IN Q2.ORGANIC SALES IN QUARTER COMPARABLE TO PRIOR YEAR.  Full Article

Campbell And Affiliate Of Fountain Of Health USA Sign Definitive Agreement For Sale Of Garden Fresh Gourmet
Wednesday, 27 Feb 2019 

Feb 26 (Reuters) - Campbell Soup Co ::CAMPBELL AND AFFILIATE OF FOUNTAIN OF HEALTH USA SIGN DEFINITIVE AGREEMENT FOR SALE OF GARDEN FRESH GOURMET.CAMPBELL SOUP CO - TERMS OF TRANSACTION WERE NOT DISCLOSED..CAMPBELL SOUP CO - SIGNED A DEFINITIVE AGREEMENT FOR SALE OF GARDEN FRESH GOURMET TO AN AFFILIATE OF FOUNTAIN OF HEALTH USA.CAMPBELL SOUP CO - PROCESSES TO SELL BOLTHOUSE FARMS AND CAMPBELL INTERNATIONAL ARE BOTH ON-TRACK.CAMPBELL SOUP CO - EXPECTS TO NAME BUYERS FOR BOLTHOUSE FARMS AND CAMPBELL INTERNATIONAL BY END OF FISCAL 2019..  Full Article

Campbell And Joshua Green Corp Sign Definitive Agreement For Sale Of Campbell Fresh Plant
Friday, 22 Feb 2019 

Feb 21 (Reuters) - Campbell Soup Co ::CAMPBELL AND JOSHUA GREEN CORPORATION SIGN DEFINITIVE AGREEMENT FOR SALE OF CAMPBELL FRESH PLANT.CAMPBELL SOUP CO - SIGNED DEFINITIVE AGREEMENT FOR SALE OF EVERETT, WASHINGTON, REFRIGERATED SOUP PLANT TO AN AFFILIATE OF JOSHUA GREEN CORP.CAMPBELL SOUP CO - TERMS OF TRANSACTION WERE NOT DISCLOSED.  Full Article

Third Point Dissolves Share Stake In Deere & Co
Saturday, 9 Feb 2019 

Feb 8 (Reuters) - THIRD POINT LLC ::THIRD POINT LLC DISSOLVES SHARE STAKE IN DEERE & CO - SEC FILING.THIRD POINT LLC UPS SHARE STAKE IN CAMPBELL SOUP CO BY ABOUT 16.7 PERCENT TO 21 MILLION SHARES - SEC FILING.THIRD POINT LLC CUTS SHARE STAKE IN MERCK & CO INC BY ABOUT 38.3 PERCENT TO 2.775 MILLION SHARES - SEC FILING.THIRD POINT LLC - CHANGE IN HOLDINGS ARE AS OF DECEMBER 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPTEMBER 30, 2018.  Full Article

Viome Acquires Habit From Campbell Soup Co
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Campbell Soup Co ::VIOME ACQUIRES HABIT FROM CAMPBELL SOUP COMPANY TO BECOME THE UNDISPUTED LEADER IN PERSONALIZED HEALTH.VIOME - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED.  Full Article

Krupa Global To Oppose Kraft Heinz's Participation In Campbell's Soup Auction
Friday, 28 Dec 2018 

Dec 27 (Reuters) - KRUPA GLOBAL INVESTMENTS ::KRUPA GLOBAL INVESTMENTS SAYS TO OPPOSE KRAFT HEINZ'S PARTICIPATION IN CAMPBELL'S SOUP AUCTION.KRUPA GLOBAL, ON KRAFT HEINZ'S PARTICIPATION IN CAMPBELL'S SOUP AUCTION, SAYS CONCERNED ABOUT TIMING, "TRANSPARENCY" OF NEGOTIATION PROCESS.KRUPA GLOBAL INVESTMENTS SAYS ANNOUNCED ITS OPPOSITION TO KRAFT HEINZ PARTICIPATING IN AUCTION FOR INTERNATIONAL BUSINESS OF CAMPBELL'S SOUP.KGI - MAINTAINED ITS POSITION THAT KRAFT HEINZ'S MANAGEMENT'S FOCUS SHOULD BE NEGOTIATING $80/SHARE BUYOUT WITH WARREN BUFFETT AND BERKSHIRE HATHAWAY.KRUPA GLOBAL SAYS TO ORGANIZE A PROXY CONTEST AGAINST KRAFT HEINZ SHOULD A POTENTIAL DEAL WITH CAMPBELL'S SOUP PROCEED.  Full Article

Campbell Names Mark Clouse Chief Executive Officer
Friday, 21 Dec 2018 

Dec 20 (Reuters) - Campbell Soup Co ::CAMPBELL NAMES MARK A. CLOUSE PRESIDENT, CHIEF EXECUTIVE OFFICER AND A DIRECTOR OF THE BOARD.CAMPBELL SOUP CO - ELECTED MARK A. CLOUSE, 50, AS PRESIDENT AND CEO OF CAMPBELL EFFECTIVE JAN. 22, 2019.CAMPBELL SOUP CO - CLOUSE, WHO PREVIOUSLY SERVED AS CEO OF PINNACLE FOODS, INC., WILL SUCCEED CAMPBELL'S INTERIM PRESIDENT AND CEO KEITH MCLOUGHLIN.CAMPBELL SOUP CO - CLOUSE ALSO HAS BEEN ELECTED A DIRECTOR.CAMPBELL SOUP CO - THIRD POINT PROVIDED CONSTRUCTIVE INPUT INTO CEO SEARCH PROCESS.CAMPBELL SOUP CO - THIRD POINT FULLY SUPPORTS CAMPBELL BOARD'S DECISION TO NAME CLOUSE PRESIDENT AND CEO.CAMPBELL SOUP CO - KEITH MCLOUGHLIN WILL REMAIN A DIRECTOR OF COMPANY.CAMPBELL SOUP CO SAYS NAMES MARK CLOUSE PRESIDENT, CEO AND DIRECTOR SUCCEEDING INTERIM PRESIDENT & CEO KEITH MCLOUGHLIN.  Full Article

Campbell Launches Sale Of Bolthouse Farms Business - CNBC
Tuesday, 4 Dec 2018 

Dec 3 (Reuters) - :CAMPBELL LAUNCHES SALE OF BOLTHOUSE FARMS BUSINESS- CNBC, CITING SOURCES.  Full Article

Campbell Board Elects Sarah Hofstetter And Kurt Schmidt As Directors
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Campbell Soup Co ::CAMPBELL BOARD ELECTS SARAH HOFSTETTER AND KURT SCHMIDT AS DIRECTORS; DECLARES QUARTERLY DIVIDEND.SETS REGULAR QUARTERLY DIVIDEND OF $0.35PER SHARE.  Full Article

Campbell Zeroes In On Ex-Pinnacle Foods Chief Mark Clouse For CEO Job - WSJ, Citing Sources
Wednesday, 28 Nov 2018 

Nov 27 (Reuters) - :CAMPBELL ZEROES IN ON EX-PINNACLE FOODS CHIEF MARK CLOUSE FOR CEO JOB - WSJ, CITING SOURCES.  Full Article

Ferrero still in race for Arnott's cookies, bids by March 20 - report

MILAN Italian confectioner Ferrero and two other bidders are left in the race to buy Arnott's biscuits and other international assets put on sale by Campbell Soup, the Australian Financial Review reported.