Campbell Soup (CPB)

Campbell is driven and inspired by our purpose, 'Real food that matters for life's moments.' For generations, people have trusted Campbell to provide authentic, flavorful and affordable snacks, soups and simple meals, and beverages. Founded in 1869, Campbell has a heritage of giving back and acting as a good steward of the planet's natural resources. The company is a member of the Standard and Poor's 500 and the FTSE4Good Index.

Company profile

Ticker

CPB

Exchange

NYSE

Website

www.campbellsoup.com

CEO

Mark Clouse

Incorporated

New Jersey

Location

New Jersey

Fiscal year end

Aug 02

Sector

Manufacturing > Fruit and Vegetable Canning

Industry (SIC)

Food and Kindred Products

Mondelez International • Conagra Brands • Flowers Foods • Hain Celestial • Sovos Brands • B&G Foods • Bellring Brands • Simply Good Foods • Benson Hill • Beyond Meat ...

SEC CIK

0000016732

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

1035 Line Company • 3330472 Nova Scotia Company • CAH Corporation • Campbell Argentina S.A. • Campbell Company of Canada • Campbell EU Investment Company • Campbell Finance • Campbell Foodservice Company • Campbell Hong Kong Limited • Campbell International Holdings Inc. ...

IRS number

210419870

CPB stock data

1M 1Y 5Y

News

From Benzinga Pro

B&G Foods (BGS) Down 15% In 3 Months: High Costs A Key Reason

20 Jul 22

B&G Foods, Inc. (NYSE: BGS) appears to be in not-so-great shape, with its shares down 15.3% in the past three months compared with the industry's decline of 8.7%.

5 Dividend Stocks That Promise Solid Growth

13 Jul 22

Heightened volatility and uncertainty in the stock market triggered by decades-high inflation, the Russia-Ukraine conflict and Fed's aggressive tightening policy have compelled investors to search for consistent income. In this regard, nothing is better than dividend investing.

Insiders Are Selling Nasdaq And 3 Other Stocks

29 Jun 22

US stock futures traded slightly lower this morning on Wednesday after recording sharp losses in the previous session. Investors, meanwhile, focused on some notable insider trades.

Executives Sell More Than $67M Of 5 Stocks: NetApp, Eli Lilly And More

24 Jun 22

Piper Sandler Maintains Neutral on Campbell Soup, Raises Price Target to $47

13 Jun 22

Press releases

From Benzinga Pro

Campbell Soup Company to Report Fourth-Quarter and Full-Year Fiscal 2022 Results on Sept. 1, 2022

18 Aug 22

Campbell Soup Company (NYSE:CPB) today announced that it will report its fourth-quarter and full-year fiscal 2022 financial results on Sept. 1, 2022. Mark Clouse, President and Chief Executive Officer, and Mick

Bennett Dorrance to Retire from Campbell Board of Directors

22 Jul 22

Campbell Board elects Bennett Dorrance Jr. as a director Campbell Soup Company (NYSE:CPB) announced today that Bennett Dorrance has decided to retire from the company's Board of Directors. This press release features

Campbell Reports Third-Quarter Fiscal 2022 Results

8 Jun 22

Earnings Per Share (EPS) from Continuing Operations increased 15% to $0.62. Adjusted EPS increased 37% to $0.70. Net Sales increased 7% and Organic Net Sales increased 9% to $2.1 billion. Demand for Campbell's

Campbell to Participate in a Fireside Chat at Deutsche Bank's 19th Annual dbAccess Global Consumer Conference

26 May 22

Campbell to Report Third-Quarter Fiscal 2022 Results on June 8, 2022

25 May 22

Analyst ratings and price targets

Last 3 months

Average target

$48.00

Low target

$46.00

High target

$50.00

Calendar

8 Jun 22

20 Aug 22

2 Aug 23

Financial summary

Financial statements Chart CPB financial data

Quarter (USD)	May 22	Jan 22	Oct 21	Aug 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Aug 21	Aug 20	Jul 19	Jul 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	196M	196M	196M	196M	196M	196M
Cash burn (monthly)	53.67M	1.08M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	196M	3.96M	n/a	n/a	n/a	n/a
Cash remaining	4.54K	192.04M	n/a	n/a	n/a	n/a
Runway (months of cash)	0.0	177.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

CPB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Aug 22	Adam G. Ciongoli	Common Stock	Sell	Dispose S	No	Yes	50.01	17,924	896.38K	129,919
9 Aug 22	Adam G. Ciongoli	Common Stock	Option exercise	Acquire M	No	Yes	47.185	17,924	845.74K	147,843
9 Aug 22	Adam G. Ciongoli	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	47.185	17,924	845.74K	0
13 Jul 22	Adam G. Ciongoli	Common Stock	Sell	Dispose S	No	Yes	49.75	32,194	1.6M	129,919
13 Jul 22	Adam G. Ciongoli	Common Stock	Option exercise	Acquire M	No	Yes	36.6	32,194	1.18M	162,113
13 Jul 22	Adam G. Ciongoli	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	36.6	32,194	1.18M	0
29 Jun 22	Fabiola R Arredondo	Common Stock	Grant	Acquire A	No	No	0	766	0	16,108
29 Jun 22	John P Bilbrey	Phantom Stock Common Stock	Grant	Acquire A	No	No	0	1,361.05	0	14,492.4

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

CPB institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	535	527	+1.5%
Opened positions	75	51	+47.1%
Closed positions	67	79	-15.2%
Increased positions	208	192	+8.3%
Reduced positions	152	172	-11.6%

13F shares	Current	Prev Q	Change
Total value	7.21B	6.73B	+7.2%
Total shares	150.15M	150.88M	-0.5%
Total puts	1.69M	1.13M	+50.3%
Total calls	1.4M	1.79M	-21.5%
Total put/call ratio	1.2	0.6	+91.5%

Largest owners	Shares	Value	Change
Vanguard	23.44M	$1.13B	+0.8%
BLK Blackrock	15.83M	$760.63M	-2.2%
STT State Street	12.61M	$605.86M	+3.5%
IVZ Invesco	6.36M	$305.65M	+4.1%
Beutel, Goodman & Co	6.29M	$302.09M	-7.4%
TROW T. Rowe Price	5.08M	$243.93M	-25.3%
BK Bank Of New York Mellon	4.4M	$211.64M	-4.5%
Brandywine Trust	4.17M	$200.57M	0.0%
Geode Capital Management	4.08M	$195.49M	+2.5%
State Farm Mutual Automobile Insurance	3.84M	$184.51M	0.0%

Largest transactions	Shares	Bought/sold	Change
Van Eck Associates	2.15M	-1.98M	-48.0%
TROW T. Rowe Price	5.08M	-1.72M	-25.3%
LGEN Legal & General	0	-1.7M	EXIT
MS Morgan Stanley	2.09M	+1.11M	+113.4%
Millennium Management	100.84K	-1.05M	-91.2%
Parametric Portfolio Associates	0	-800.51K	EXIT
Squarepoint Ops	1.12M	+753.91K	+205.9%
First Trust Advisors	2.69M	+693.43K	+34.8%
GS Goldman Sachs	1.45M	+619.83K	+74.6%
Citadel Advisors	694.48K	+579.99K	+506.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Hormel Foods • Hain Celestial • Keurig Dr Pepper • NightFood

Risks

The COVID-19 pandemic and related ongoing implications could adversely impact our business and results of operations
If we do not fully realize the expected cost savings and/or operating efficiencies associated with our strategic initiatives, our profitability could suffer
Disruption to our supply chain could adversely affect our business
Our results of operations can be adversely affected by labor shortages, turnover and labor cost increases
Our intellectual property rights are valuable, and any inability to protect them could reduce the value of our products and brands
Our results may be adversely impacted if consumers do not maintain their favorable perception of our brands
We may be adversely impacted by a disruption, failure or security breach of our information technology systems
We may not be able to attract and retain the highly skilled people we need to support our business
Our results may be adversely affected by our inability to complete or realize the projected benefits of acquisitions, divestitures and other strategic transactions
We face significant competition in all our product categories, which may result in lower sales and margins
We may be adversely impacted by a changing customer landscape and the increased significance of some of our customers
We may be adversely impacted by legal and regulatory proceedings or claims
Increased regulation or changes in law could adversely affect our business or financial results
If our food products become adulterated or are mislabeled, we might need to recall those items, and we may experience product liability claims and damage to our reputation
Climate change, or legal, regulatory or market measures to address climate change, may negatively affect our business and operations
Actions of activist shareholders could cause us to incur substantial costs, divert management's attention and resources and have an adverse effect on our business

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Good

New words: Bond, conflict, deem, disclosed, economy, event, export, geopolitical, global, hard, heighten, immaterial, imposed, Kingdom, military, predict, previously, rapidly, rebuild, scope, SEC, uncertain, Union

Removed: moderate

From filing 10-Q 2022 Q3

Financial reports

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