America's cereal, soda and soup companies are in turmoil [CNN]
Campbell Soup Company (CPB)
Last campbell soup company earnings: 3/4 07:30 am
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Source: CNN
Trouble in Big Food: America's cereal, soda and soup companies are in turmoil America's cereal, soda and soup companies are having a rough 2018. General Mills ( GIS ) , Campbell Soup ( CPB ) , Hershey ( HSY ) and Pepsi ( PEP ) are all failing to convince investors they have a plan to navigate shoppers' changing tastes. The consumer staples sector is at the back of the pack in the S&P 500, down 13% this year. It's on track for its worst year in a decade. On Friday, Campbell plunged 12% , its worst day since 1999, after CEO Denise Morrison abruptly retired. Campbell announced a review of its entire lineup, including soup, leaving the door open for breaking up the 149-year-old company. It's part of a broader problem. Large consumer goods brands lost market share to small competitors from 2011 to 2016 for the first time in 50 years, according to Jim Brennan, a senior partner at Boston Consulting Group. "The threat is everywhere," Brennan said at a recent AllianceBernstein con
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- Evercore consumer dealmaker Taetle is leaving the bank, sources say [Reuters]Reuters
- Evercore consumer dealmaker Taetle is leaving the bank, sources say [Yahoo! Finance]Yahoo! Finance
- Global Soup Market Size and Forecasts 2024-2032: A $25+ Billion Market - Industry Trends, Share, Growth, Insight, Impact of Inflation, Top Companies Analysis [Yahoo! Finance]Yahoo! Finance
- Campbell’s Awards $880,000 in Community Impact GrantsBusiness Wire
- Should We Be Delighted With Campbell Soup Company's (NYSE:CPB) ROE Of 20%? [Yahoo! Finance]Yahoo! Finance
CPB
Earnings
- 3/6/24 - Beat
CPB
Sec Filings
- 4/16/24 - Form 8-K
- 4/8/24 - Form 4
- 4/4/24 - Form 144
- CPB's page on the SEC website