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Q1 2018 Campbell Soup Company Earnings Conference Call (Replay)
11/21/17 at 8:30 a.m. ET
Q1 2018 Campbell Soup Company Earnings Conference Call
Tuesday, November 21, 2017 8:30 a.m. ET  
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Nov 21, 2017Campbell Reports First-Quarter Results
Net Sales and Organic Sales Decreased 2 Percent Earnings Before Interest and Taxes (EBIT) Decreased 10 Percent; Adjusted EBIT Decreased 14 Percent Earnings Per Share (EPS) Decreased 3 Percent to $0.91; Adjusted EPS Decreased 8 Percent to $0.92, reflecting the benefit of a lower adjusted tax rate Campbell Updates Fiscal 2018 Guidance CAMDEN, N.J.--(BUSINESS WIRE)--Nov. 21, 2017... 
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Nov 16, 2017Campbell Declares Quarterly Dividend
CAMDEN, N.J.--(BUSINESS WIRE)--Nov. 16, 2017-- The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.35 per share. The quarterly dividend is payable Jan. 29, 2018 to shareholders of record at the close of business Jan 10, 2018. About Campbell Soup Company Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food that matters for life’s mo... 
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Nov 14, 2017Campbell Appoints Monica Diaz Chief Diversity and Inclusion Officer
CAMDEN, N.J.--(BUSINESS WIRE)--Nov. 14, 2017-- Campbell Soup Company (NYSE:CPB) has appointed Monica Diaz Chief Diversity and Inclusion Officer. In this newly created role, Diaz will lead Campbell’s enterprise-wide diversity and inclusion strategy, creating new programs and enhancing existing initiatives to foster an inclusive culture and diverse workforce that mirrors Campbell’s consumer base. Diaz will be based in Camden and report to Bob Morrissey, Se... 
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Nov 07, 2017Campbell Soup Company Announces the Webcast of Its First-Quarter Fiscal 2018 Results
CAMDEN, N.J--(BUSINESS WIRE)--Nov. 7, 2017-- Campbell Soup Company (NYSE:CPB) invites interested shareholders, investors, members of the media and consumers to listen to and view the slides accompanying its first-quarter fiscal 2018 earnings conference call, which will be webcast live over the Internet on Tuesday, Nov. 21, 2017, at 8:30 a.m. EST. The call will follow the company’s first-quarter fiscal 2018 earnings release, which will be distributed earl... 
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Oct 30, 2017Campbell Soup Company Joins the Plant Based Foods Association
CAMDEN, N.J.--(BUSINESS WIRE)--Oct. 30, 2017-- Campbell Soup Company (NYSE:CPB) announced it is joining the Plant Based Foods Association, the nation’s only trade group representing the fast-growing plant-based foods sector. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171030005154/en/ Launched in March 2016, the Plant Based Foods Association (PBFA) advocates on behalf of its members a... 
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Oct 09, 2017Campbell Appoints Francisco Fraga Chief Technology and Information Officer
CAMDEN, N.J.--(BUSINESS WIRE)--Oct. 9, 2017-- Campbell Soup Company (NYSE:CPB) appointed Francisco Fraga Vice President and Chief Technology and Information Officer. In this role, Fraga will oversee Global Information Technology (IT) for Campbell, building a world-class IT function that delivers value to the business. Fraga reports to Bethmara Kessler, Senior Vice President, Integrated Global Services. “The pace of change in our digital wo... 
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Oct 05, 2017Campbell’s® Soup Brings the Force to New York Comic-Con – And the Soup Aisle – With an Exhibit Inspired by Lucasfilm’s Star Wars: The Last Jedi
Iconic Soup Company Unveils New Canstallation on the Streets of New York in Support of Latest Collaboration with Disney and Lucasfilm CAMDEN, N.J.--(BUSINESS WIRE)--Oct. 5, 2017-- Campbell Soup Company (NYSE:CPB) has collaborated with Disney and Lucasfilm to launch a new series of Star Wars themed soup labels. To celebrate the alliance, Campbell’s has also announced a surprise for New York Comic-Con attendees and residents – a new Star Wars in... 
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Oct 02, 2017Campbell is Issuing a Recall in Canada of Wolfgang Puck Organic Creamy Butternut Squash Soup Due to the Presence of Undeclared Mustard Ingredient
TORONTO, Ontario--(BUSINESS WIRE)--Oct. 2, 2017-- Campbell Soup Company (NYSE:CPB) is voluntarily recalling 398 mL cans of Wolfgang Puck Organic Creamy Butternut Squash soup distributed in Canada due to the possible presence of mustard, an ingredient listed as an allergen under Canadian food regulations. The mustard ingredient is not declared on the product label. People with an allergy to mustard should not consume the recalled product. This recall ... 
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Sep 27, 2017Campbell Provides Update on Pending Acquisition of Pacific Foods
CAMDEN, N.J.--(BUSINESS WIRE)--Sep. 27, 2017-- Campbell Soup Company (NYSE:CPB) entered into an agreement on July 6, 2017 to acquire Pacific Foods of Oregon (Pacific Foods) for $700 million. The completion of the transaction is subject to customary closing conditions. On Aug. 21, 2017, the estate of a former Pacific Foods shareholder, Edward C. Lynch, filed a lawsuit against Pacific Foods, certain of its directors and others seeking more than $250 ... 
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Sep 27, 2017Campbell Declares Quarterly Dividend
CAMDEN, N.J.--(BUSINESS WIRE)--Sep. 27, 2017-- The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.35 per share. The quarterly dividend is payable Oct. 30, 2017, to shareholders of record at the close of business Oct. 13, 2017. About Campbell Soup Company Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food that matters for life’s ... 
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Sep 07, 2017Campbell Named to the Dow Jones Sustainability Indices for Ninth Consecutive Year
CAMDEN, N.J.--(BUSINESS WIRE)--Sep. 7, 2017-- Campbell Soup Company (NYSE:CPB) has been named to the Dow Jones Sustainability North America Index for the ninth consecutive year and the Dow Jones Sustainability World Index for the eighth consecutive year. These independent rankings recognize Campbell’s leadership in supporting long-term shareholder value while creating a more sustainable environment and making a measurable difference in local communities.... 
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Aug 31, 2017Campbell Reports Fourth-Quarter and Full-Year Results
Fourth-Quarter Net Sales and Organic Sales Decreased 1 Percent Fourth-Quarter Earnings Per Share (EPS) of $1.04; Adjusted EPS Increased 13 Percent to $0.52 Full-Year Net Sales and Organic Sales Decreased 1 Percent Full-Year EPS of $2.89; Adjusted EPS Increased 3 Percent to $3.04 Campbell Provides Fiscal 2018 Guidance CAMDEN, N.J.--(BUSINESS WIRE)--Aug. 31, 2017-- ... 
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Aug 17, 2017Campbell Soup Company Announces the Webcast of Its Fourth-Quarter and Full-Year Fiscal 2017 Results
CAMDEN, N.J.--(BUSINESS WIRE)--Aug. 17, 2017-- Campbell Soup Company (NYSE:CPB) invites interested shareholders, investors, members of the media and consumers to listen to and view the slides accompanying its fourth-quarter and full-year fiscal 2017 earnings conference call, which will be webcast live over the Internet on Thursday, Aug. 31, 2017, at 8:30 a.m. EDT. The call will follow the company’s fourth-quarter and full-year fiscal 2017 earnings releas... 
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Aug 16, 2017Campbell CEO Resigns from President’s Manufacturing Jobs Initiative
CAMDEN, N.J.--(BUSINESS WIRE)--A statement from Denise Morrison, President and CEO, Campbell Soup Company: Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville. I believe the President should have been – and still needs to be – unambiguous on that point. Following yesterday's remarks from the President, I cannot remain on the Manufacturing Jobs Initiative. I will ... 
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Jul 27, 2017Campbell Soup Company Launches Food Innovation Challenge with Foodworks to Identify Top Food Disruptors
CAMDEN, N.J.--(BUSINESS WIRE)--Jul. 27, 2017-- Campbell Soup Company (NYSE:CPB) today announced a partnership with Foodworks Brooklyn designed to assist up-and-coming food innovators with a passion for real food. Foodworks Brooklyn is a kitchen incubator dedicated to growing early-stage retail and wholesale food businesses. The partnership includes a Real Food Innovation Challenge and a mentorship program between Campbell experts and Foodworks members. ... 
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Jul 19, 2017Campbell Appoints Shakeel Farooque as Head of Digital & E-Commerce Organization
CAMDEN, N.J.--(BUSINESS WIRE)--Jul. 19, 2017-- Campbell Soup Company (NYSE:CPB) today announced the appointment of Shakeel Farooque to the newly created role of Vice President and Head of Digital and E-Commerce. Campbell plans to accelerate the company’s digital and e-Commerce capabilities by forming an e-Commerce unit representing all three Campbell divisions in North America which Farooque will lead. Campbell has a goal of generating $300 million in ... 
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Jul 19, 2017Campbell Takes Actions to Reshape Portfolio toward Faster-Growing Spaces; Outlines Fiscal 2018 Priorities
Highlights Innovative Partnerships, Pending Acquisition CAMDEN, N.J.--(BUSINESS WIRE)--Jul. 19, 2017-- Campbell Soup Company (NYSE: CPB) today outlined its strategies to drive growth in a rapidly-changing food landscape at its annual investor day. Led by President and Chief Executive Officer Denise Morrison, the company declared its goal to be the leading health and well-being food company. Executives detailed plans to strengthen Campbell’s co... 
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Jul 19, 2017Campbell to Provide Update on Growth Strategies and Outline Key Initiatives for Fiscal 2018
Reaffirms Fiscal 2017 Full-year Guidance and Long-Term Targets CAMDEN, N.J.--(BUSINESS WIRE)--Jul. 19, 2017-- Campbell Soup Company (NYSE: CPB), led by President and Chief Executive Officer Denise Morrison, will meet with investors today to discuss Campbell’s strategic imperatives designed to diversify its portfolio and meet consumers’ changing preferences. Morrison will outline steps Campbell is taking to deliver sustainable, profitab... 
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Jul 17, 2017Prego Celebrates the Family Meal
America’s Iconic Pasta Sauce Brand Brings Together First-Generation College Students CAMDEN, N.J.--(BUSINESS WIRE)--Jul. 17, 2017-- Today, Prego introduced "Welcome to the Family," a heartfelt demonstration of the powerful benefits of a family meal. For more than thirty years, Prego has been bringing all kinds of families together around the dinner table - from traditional to non-traditional, old friends to newfound - to share delicious tastin... 
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Jul 10, 2017Campbell Soup Updates Alexa Skill for Amazon Echo Show
Enhanced Campbell’s Kitchen Skill Uses Visual and Voice Technology to Allow Users to Hear, See and Interact with Recipes as they Prepare a Meal CAMDEN, N.J.--(BUSINESS WIRE)--Jul. 10, 2017-- Campbell Soup Company (NYSE: CPB) today launched an updated Campbell’s Kitchen® skill for the Amazon Echo Show, Amazon’s new hands-free smart device that brings you everything you love about Alexa with a visual component. The updated Campbell’s Kitc... 
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Jul 06, 2017Campbell to Acquire Pacific Foods to Expand in Faster-Growing Health and Well-Being Categories
Pacific Foods Natural and Organic Broths, Soups, Plant-Based Beverages and Meals Meet Changing Consumer Preferences CAMDEN, N.J.--(BUSINESS WIRE)--Jul. 6, 2017-- Campbell Soup Company (NYSE:CPB) today announced it has entered into an agreement to acquire Pacific Foods of Oregon for $700 million in cash. Founded in 1987, Pacific Foods is a leading producer of organic broth and soup,1 and also produces shelf-stable plant-based beverages and othe... 
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Jul 05, 2017Campbell Soup Company Announces the Webcast of Its Investor Day Presentation
CAMDEN, N.J.--(BUSINESS WIRE)--Jul. 5, 2017-- Campbell Soup Company (NYSE:CPB) announced that Denise Morrison, President and Chief Executive Officer, along with other members of Campbell’s management team, will discuss Campbell’s operations and strategies at a meeting in Camden on July 19, 2017. The presentations are expected to begin at 12:15 p.m. EDT and to end by 3:30 p.m. EDT. An audio and video webcast of the event, along with accompanying s... 
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Jun 27, 2017Campbell Declares Quarterly Dividend
CAMDEN, N.J.--(BUSINESS WIRE)--Jun. 27, 2017-- The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.35 per share. The quarterly dividend is payable July 31, 2017, to shareholders of record at the close of business July 13, 2017. About Campbell Soup Company Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food that matters for life’s ... 
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Jun 15, 2017Campbell Elevates Supply Chain, Sales and Corporate Strategy Executives to Leadership Team
CAMDEN, N.J.--(BUSINESS WIRE)--Jun. 15, 2017-- Campbell Soup Company (NYSE: CPB) today announced the appointments of Bob Furbee, Senior Vice President, Campbell Soup Company and Senior Vice President, Global Supply Chain; Jim Sterbenz, Senior Vice President, U.S. Sales; and Emily Waldorf, Vice President, Corporate Strategy, to Campbell’s Leadership Team. All three positions will report to Campbell’s President and Chief Executive Officer Denise Morrison. ... 
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May 24, 2017Campbell Soup Company Makes Strategic Investment in Chef’d
Chef’d, a leading online meal store, provides an innovative platform that advances Campbell’s e-commerce capabilities CAMDEN, N.J. & EL SEGUNDO, Calif.--(BUSINESS WIRE)--May 24, 2017-- Campbell Soup Company (NYSE:CPB) today announced a strategic partnership and investment of $10 million in Chef’d, a best-in-class e-commerce meal marketplace, which will help grow Campbell’s e-commerce capabilities. Campbell’s investment is part of the Series B rou... 
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May 19, 2017Campbell Reports Third-Quarter Results
Net Sales and Organic Sales Decreased 1 Percent Earnings Before Interest and Taxes (EBIT) Increased 11 Percent, Adjusted EBIT Decreased 2 Percent Earnings Per Share (EPS) Decreased 2 Percent to $0.58, Adjusted EPS Decreased 9 Percent to $0.59 Reflecting Higher Adjusted Tax Rate Campbell Revises Fiscal 2017 Guidance CAMDEN, N.J.--(BUSINESS WIRE)--May 19, 2017-- Campbell Soup Comp... 
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May 17, 2017Campbell Announces New 4.4-Megawatt Solar Array at Its World Headquarters
Carport, Roof and Ground-Mount Arrays Expected to Generate the Equivalent of 20 Percent of Campus’s Electricity Demand Upon Completion, System Will Become Largest Solar Array in City of Camden, N.J. CAMDEN, N.J.--(BUSINESS WIRE)--May 17, 2017-- Campbell Soup Company (NYSE:CPB), in partnership with BNB Renewable Energy Holdings (BNB), SunPower Corp. (NASDAQ:SPWR), and ORIX USA Corp. (TSE: 8591; NYSE: IX), broke ground today on a 4.4-meg... 
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May 05, 2017Campbell Soup Company Announces the Webcast of Its Third-Quarter Fiscal 2017 Results
CAMDEN, N.J.--(BUSINESS WIRE)--May 5, 2017-- Campbell Soup Company (NYSE:CPB) invites interested shareholders, investors, members of the media and consumers to listen to and view the slides accompanying its third-quarter fiscal 2017 earnings conference call, which will be webcast live over the Internet on Friday, May 19, 2017, at 8:30 a.m. EDT. The call will follow the company’s third-quarter fiscal 2017 earnings release, which will be distributed earlie... 
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Apr 20, 2017Campbell Soup Company Ranked Among Top 5 Best Corporate Citizens
Company recognized by Corporate Responsibility Magazine for 8th consecutive year CAMDEN, N.J.--(BUSINESS WIRE)--Apr. 20, 2017-- Campbell Soup Company (NYSE:CPB) was recognized today as a top corporate citizen by Corporate Responsibility Magazine. Campbell ranked No. 5 among all large-cap Russell 1000 companies on the magazine’s annual 100 Best Corporate Citizens List, which is regarded as a top corporate responsibility ranking. Criteria is bas... 
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Mar 22, 2017Campbell Announces $1.5 Billion Share Repurchase Program; Declares Quarterly Dividend
CAMDEN, N.J.--(BUSINESS WIRE)--Mar. 22, 2017-- The Board of Directors of Campbell Soup Company (NYSE:CPB) today authorized a new share repurchase program. Under the new program, Campbell is authorized to purchase up to $1.5 billion of its outstanding shares in open market or privately negotiated transactions. The program is effective as of May 1, 2017, and has no expiration date, but it may be suspended or discontinued at any time. The new... 
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Mar 22, 2017Campbell Board Elects Fabiola R. Arredondo as Director
CAMDEN, N.J.--(BUSINESS WIRE)--Mar. 22, 2017-- Campbell Soup Company (NYSE:CPB) today announced that the company’s Board of Directors has elected Fabiola R. Arredondo as a member of the Board, effective today. Arredondo, 50, is the Managing Partner of Siempre Holdings, a private, single family investment office based in Greenwich, Conn. She also currently serves as a director of Burberry Group plc and National Public Radio Inc. (NPR), and ... 
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Feb 22, 2017Campbell Outlines Four Promising Platforms to Drive Growth over the Next Decade
CAMDEN, N.J.--(BUSINESS WIRE)--Feb. 22, 2017-- Campbell Soup Company (NYSE:CPB) President and Chief Executive Officer Denise Morrison and Senior Vice President and Chief Financial Officer Anthony DiSilvestro provided an overview of the company’s strategic direction during the Consumer Analyst Group of New York (CAGNY) Conference in Boca Raton, Fla. today. Morrison shared her perspective on the state of the food industry and the consumer en... 
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Feb 17, 2017Campbell Reports Second-Quarter Results
Net Sales Decreased 1 Percent, Organic Sales Decreased 2 Percent Campbell Records Pre-Tax Non-Cash Impairment Charges of $212 Million, or $0.58 Per Share, Related to Campbell Fresh Segment Earnings Before Interest and Taxes (EBIT) Decreased 50 Percent, Adjusted EBIT Decreased 1 Percent Earnings Per Share (EPS) Decreased 61 Percent to $0.33, Adjusted EPS Increased 5 Percent to $0.91 Reflecting Lo... 
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Feb 09, 2017Campbell’s Controller O'Shea to Retire
CAMDEN, N.J.--(BUSINESS WIRE)--Feb. 9, 2017-- Campbell Soup Company (NYSE:CPB) today announced that William O'Shea, 59, Vice President and Controller, has informed the company of his decision to retire on June 1, 2017. He joined the company in 1996. Anthony P. DiSilvestro, Campbell’s Senior Vice President and Chief Financial Officer, said, “Bill’s distinguished career spans more than two decades with Campbell. He has served as an invaluable partn... 
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Feb 08, 2017Campbell Announces the Webcast of Its Presentation at the Consumer Analyst Group of New York Conference
CAMDEN, N.J.--(BUSINESS WIRE)--Feb. 8, 2017-- Campbell Soup Company (NYSE:CPB) announced today that Denise Morrison, President and Chief Executive Officer, and Anthony DiSilvestro, Senior Vice President and Chief Financial Officer, will present at 10:30 a.m. EST on Wednesday, Feb. 22, 2017, during the Consumer Analyst Group of New York (CAGNY) Conference being held in Boca Raton, Florida. An audio and video webcast of the event, along with... 
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Feb 03, 2017Campbell Soup Company Announces the Webcast of Its Second-Quarter Fiscal 2017 Results
CAMDEN, N.J.--(BUSINESS WIRE)--Feb. 3, 2017-- Campbell Soup Company (NYSE:CPB) invites interested shareholders, investors, members of the media and consumers to listen to and view the slides accompanying its second-quarter fiscal 2017 earnings conference call, which will be webcast live over the Internet on Friday, Feb. 17, 2017, at 9:00 a.m. EST. The call will follow the company’s second-quarter fiscal 2017 earnings release, which will be distributed ... 
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Jan 09, 2017Campbell’s Unveils 8 Surprising Facts About How Americans Eat Soup
Survey Finds Chicken Noodle Soup Takes the Cake and One-in-10 People Have Eaten Soup Naked CAMDEN, N.J.--(BUSINESS WIRE)--Jan. 9, 2017-- Today, Campbell Soup Company (NYSE: CPB) released the findings of the National Soup Month Survey1, uncovering unexpected ways in which Americans enjoy a warm bowl of soup. In celebration of January as National Soup Month, the survey asked 2,000 people to weigh in on everything from their favorite soup pairing... 
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