Campbell Soup Company Stock News

Chevy Chase Trust Holdings Inc. lowered its stake in shares of Campbell Soup (NYSE:CPB) by 3.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,168 shares of the companys stock after selling 4,696 shares during the quarter. Chevy Chase Trust Holdings Inc.s holdings []

Urban Outfitters, a lifestyle products and services company which operates a portfolio of global consumer brands, has announced the expansion of its board with the appointment of Kelly Campbell as a director, effective 7 December 2021. It revealed the addition of Campbell further bolsters the digital marketing expertise that resides on the board. Campbell is

PHILADELPHIA, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ: URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of the Anthropologie, BHLDN, Free People, FP Movement, Terrain, Urban Outfitters, Nuuly Rent, Nuuly Thrift and Menus & Venues brands, today announced that, effective December 7, 2021, it had expanded the size of its Board from 10 to 11 and elected Kelly Campbell as a Director. The addition of Ms. Campbell further expands the digital marketing expertise that resides on the Board.

Brokerages expect Campbell Soup (NYSE:CPB) to announce $2.26 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Campbell Soups earnings. The highest sales estimate is $2.32 billion and the lowest is $2.19 billion. Campbell Soup posted sales of $2.28 billion in the same quarter last year, []

Campbell Soup (NYSE:CPB) updated its FY22 earnings guidance on Wednesday. The company provided earnings per share guidance of $2.75-2.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.76. The company issued revenue guidance of (2%) to 0% to $8.31-8.47 billion, compared to the consensus revenue estimate of $8.44 billion.Campbell []

Can you call a company with a sub 1.0 current ratio a ''value stock''? I''m thinking not.CPB

Mark Clouse, Campbell Soup CEO, joins 'Closing Bell' in an exclusive interview with Sara Eisen to discuss the company's earnings results and how they aligned with expectations.

On Wednesday, Campbell Soup Co. (NYSE:CPB) shares edged slightly higher after reporting its most recent quarterly results. The company announced its fiscal first-quarter results before markets opened,

Campbell's (CPB) first-quarter fiscal 2022 results reflect supply-chain issues. However, management retains the fiscal 2022 view.

Campbell Soup Co. stock edged up 0.3% in Wednesday premarket trading after the food company reported fiscal first-quarter adjusted earnings per share that beat the Street. Net income totaled $261 million, or 86 cents per share, down from $309 million, or $1.02 per share, last year. Adjusted EPS of 89 cents beat the FactSet consensus for 81 cents. Sales of $2.236 billion were down from $2.340 billion last year and just below the FactSet consensus for $2.276 billion. Sales were "tempered" by supply chain disruptions and comparisons to last year''s inventory replenishment, according to a statement from Chief Executive Mark Clouse. The company says it''s on track to achieve the $850 million in cost savings by the end of fiscal 2022. For the full-year, Campbell Soup is guiding for flat to a 2% decline in net sales, and flat to a 4% decline in adjusted EPS. The FactSet consensus is for $8.431 billion, suggesting a 0.5% decline, and EPS of $2.76, suggesting a 7.5% drop. Campbell Soup stock has fallen 15% in 2021 while the S&P 500 index has gained 24.8%.

Campbell Soup Company (CPB) CEO Mark Clouse on Q1 2022 Results - Earnings Call Transcript