CPB Campbell Soup Company
Campbell Soup Co. engages in manufacture and marketing of convenience food products such as soup, simple meals, snacks, and healthy beverages. It operates through the following segments: Meals and Beverages, International Biscuits and Snacks, and Campbell Fresh. The Meals and Beverages segment includes the retail and food service businesses in the U.S., Canada and Latin America. The International Biscuits and Snacks segment offers Pepperidge Farm cookies, crackers, bakery and frozen products in U.S. retail, Arnott's biscuits in Australia and Asia Pacific, and Kelsen cookies globally. The Campbell Fresh segment consists of Bolthouse Farms fresh carrots, carrot ingredients, refrigerated beverages and refrigerated salad dressings, Garden Fresh Gourmet salsa, hummus, dips and tortilla chips, and the U.S. refrigerated soup business. The company was founded on November 23, 1922 and is headquartered in Camden, NJ.
Company profile
Ticker
CPB
Exchange
Website
CEO
Mark A. Clouse
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
210419870
CPB stock data
()
Calendar
3 Jun 20
3 Aug 20
2 Aug 21
News
Company financial data Financial data
| Quarter (USD) | Apr 20 | Jan 20 | Oct 19 | Jul 19 | |
|---|---|---|---|---|---|
| Revenue | 2.24B | 2.16B | 2.18B | 1.78B | |
| Net income | 168M | 1.21B | 166M | -8M | |
| Diluted EPS | 0.55 | 3.97 | 0.55 | -0.03 | |
| Net profit margin | 7.51% | 55.87% | 7.60% | -0.45% | |
| Operating income | 273M | 350M | 317M | 83M | |
| Net change in cash | 1.18B | -3M | 30M | -14M | |
| Cash on hand | 1.24B | 58M | 61M | 31M | |
| Cost of revenue | 1.47B | 1.42B | 1.45B | 1.17B |
| Annual (USD) | Jul 19 | Jul 18 | Jul 17 | Jul 16 | |
|---|---|---|---|---|---|
| Revenue | 8.11B | 6.62B | 5.84B | 7.96B | |
| Net income | 211M | 261M | 887M | 563M | |
| Diluted EPS | 0.7 | 0.86 | 2.89 | 1.81 | |
| Net profit margin | 2.60% | 3.95% | 15.20% | 7.07% | |
| Operating income | 979M | 1.01B | 1.43B | 960M | |
| Net change in cash | -18M | 12M | -29M | -187M | |
| Cash on hand | 31M | 49M | 37M | 66M | |
| Cost of revenue | 5.41B | 4.24B | 3.4B | 5.03B |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Jul 20 | Slavtcheff Craig | Common Stock | Payment of exercise | Dispose F | No | 49.63 | 2,229 | 110.63K | 34,050 |
| 1 Jul 20 | Polomski Stanley | Common Stock | Payment of exercise | Dispose F | No | 0 | 2,229 | 0 | 29,351 |
| 30 Jun 20 | Schmidt Kurt | Phantom Stock Common Stock | Grant | Aquire A | No | 0 | 1,299.492 | 0 | 10,360.87 |
| 30 Jun 20 | Dorrance Bennett | Phantom Stock Common Stock | Grant | Aquire A | No | 0 | 695.43 | 0 | 39,590.18 |
| 30 Jun 20 | John P Bilbrey | Phantom Stock Common Stock | Grant | Aquire A | No | 0 | 1,299.49 | 0 | 2,684.34 |
Institutional ownership Q1 2020
47.5% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 560 |
| Opened positions | 90 |
| Closed positions | 78 |
| Increased positions | 170 |
| Reduced positions | 186 |
13F shares |
Current |
|---|---|
| Total value | 71.82B |
| Total shares | 143.57M |
| Total puts | 1.18M |
| Total calls | 1.31M |
| Total put/call ratio | 0.9 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 23.43M | $1.08B |
| BLK BlackRock | 14.58M | $672.8M |
| IVZ Invesco | 13.36M | $616.5M |
| STT State Street | 8.66M | $399.97M |
| Brandywine Managers | 5.83M | $268.99M |
| BK Bank of New York Mellon | 4.1M | $189.12M |
| State Farm Mutual Automobile Insurance | 3.87M | $178.45M |
| GS Goldman Sachs | 2.85M | $131.66M |
| Geode Capital Management | 2.65M | $121.95M |
| N Price T Rowe Associates | 2.41M | $111.1M |
Financial report summary
?Risks
- We face significant competition in all our product categories, which may result in lower sales and margins
- Our results may be adversely affected by our inability to complete or realize the projected benefits of divestitures
- We may be adversely impacted by our substantial indebtedness
- We may be adversely impacted by a changing customer landscape and the increased significance of some of our customers
- Our results may be adversely impacted if consumers do not maintain their favorable perception of our brands
- Disruption to our supply chain could adversely affect our business
- 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
- Our intellectual property rights are valuable, and any inability to protect them could reduce the value of our products and brands
- We may be adversely impacted by a 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 and other strategic transactions
- 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
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Good
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New words:
added, alter, annum, attempt, bearing, certainty, cleaning, dining, distancing, downturn, easing, enabler, equal, escalated, event, experienced, experiencing, Fargo, fulfillment, grocery, hardship, health, heightening, hinder, home, inability, Indenture, Interbank, large, lessen, lessening, London, magnitude, moving, National, newly, pandemic, preferred, prevent, provision, quarantine, rapidly, redeemed, reliance, repay, response, sanitation, SEC, shift, shopping, shutdown, social, strain, sustained, temporarily, temporary, travel, trustee, uncertain, workforce, world
Removed:
began, billion, calculated, determined, fee, notice, termination, unused
Financial reports
10-Q
2020 Q3
Quarterly report
3 Jun 20
10-Q
2020 Q2
Quarterly report
4 Mar 20
10-Q
2020 Q1
Quarterly report
4 Dec 19
10-K
2019 FY
Annual report
26 Sep 19
10-Q
2019 Q3
Quarterly report
5 Jun 19
10-Q
2019 Q2
Quarterly report
6 Mar 19
10-Q
2019 Q1
Quarterly report
6 Dec 18
10-K
2018 FY
Annual report
27 Sep 18
10-Q
2018 Q3
Quarterly report
5 Jun 18
10-Q
2018 Q2
Quarterly report
5 Mar 18
Current reports
8-K
Amendments to Articles of Incorporation or Bylaws
25 Jun 20
8-K
Campbell Reports Third-quarter Results
3 Jun 20
8-K
Regulation FD Disclosure
28 Apr 20
8-K
Other Events
24 Apr 20
8-K
Other Events
20 Apr 20
8-K
Regulation FD Disclosure
24 Mar 20
8-K
Campbell Reports Second-quarter Results
4 Mar 20
8-K
Campbell Soup Company Announces Upsize and Early Tender Results of its Debt Tender Offers
24 Jan 20
8-K
Campbell Soup Company Announces Debt Tender Offers
8 Jan 20
8-K
Departure of Directors or Certain Officers
7 Jan 20
Registration and prospectus
424B2
Prospectus for primary offering
22 Apr 20
FWP
Free writing prospectus
21 Apr 20
424B2
Prospectus for primary offering
20 Apr 20
424B2
Prospectus for primary offering
14 Mar 18
FWP
Free writing prospectus
13 Mar 18
424B2
Prospectus for primary offering
12 Mar 18
S-3ASR
Automatic shelf registration
10 Jul 17
S-8
Registration of securities for employees
9 Mar 17
S-8
Registration of securities for employees
10 Dec 15
424B2
Prospectus for primary offering
17 Mar 15
Proxies
DEF 14A
Definitive proxy
4 Oct 19
DFAN14A
Additional proxy materials by non-management
20 Nov 18
DFAN14A
Additional proxy materials by non-management
19 Nov 18
DEFA14A
Additional proxy soliciting materials
19 Nov 18
DEFA14A
Additional proxy soliciting materials
19 Nov 18
DEFA14A
Additional proxy soliciting materials
19 Nov 18
DFAN14A
Additional proxy materials by non-management
16 Nov 18
DFAN14A
Additional proxy materials by non-management
15 Nov 18
DEFA14A
Additional proxy soliciting materials
15 Nov 18
DEFA14A
Additional proxy soliciting materials
15 Nov 18
Other
CT ORDER
Confidential treatment order
17 Apr 15
UPLOAD
Letter from SEC
1 May 14
CORRESP
Correspondence with SEC
28 Mar 14
UPLOAD
Letter from SEC
18 Mar 14
UPLOAD
Letter from SEC
21 Jul 11
CORRESP
Correspondence with SEC
7 Jul 11
CORRESP
Correspondence with SEC
8 Jun 11
UPLOAD
Letter from SEC
6 May 11
CORRESP
Correspondence with SEC
7 Apr 11
UPLOAD
Letter from SEC
24 Mar 11
Ownership
4
CAMPBELL SOUP / MARY ALICE MALONE ownership change
2 Jul 20
4
CAMPBELL SOUP / Keith R McLoughlin ownership change
2 Jul 20
4
CAMPBELL SOUP / Sarah Hofstetter ownership change
2 Jul 20
4
CAMPBELL SOUP / FABIOLA R ARREDONDO ownership change
2 Jul 20
4
CAMPBELL SOUP / Maria Teresa Hilado ownership change
2 Jul 20
4
CAMPBELL SOUP / Archbold D vanBeuren ownership change
2 Jul 20
4
CAMPBELL SOUP / Howard M Averill ownership change
2 Jul 20
4
CAMPBELL SOUP / Marc Bradley Lautenbach ownership change
2 Jul 20
4
CAMPBELL SOUP / JOHN P BILBREY ownership change
2 Jul 20
4
CAMPBELL SOUP / BENNETT DORRANCE ownership change
2 Jul 20
Patents
APP
Utility
Crunchy Baked Snacks
25 Jun 20
Embodiments herein include crunchy baked snacks and methods of making the same.
APP
Utility
Multilayer Recyclable Ultrasonically Welded Films
18 Jun 20
Embodiments herein relate to multilayer recyclable films for food packaging.
APP
Utility
Multilayer Packaging Materials with Release of Migratory Active Substances
18 Jun 20
Embodiments herein relate to multilayer films for food packaging including migratory active substances.
APP
Utility
Thermally Processing Food Products with Highly-uniform Electromagnetic Energy Fields
20 Feb 20
Embodiments herein relate to systems and methods for thermally processing packaged food products with highly-uniform electromagnetic energy fields.
APP
Utility
Microwaveable Food Containers and Food Products for High-temperature Cooking
26 Dec 19
Embodiments herein relate to microwaveable food containers and food products for high-temperature cooking applications and related methods.