Bolthouse Farms splits into two business entities in food and beverages [Yahoo! Finance]
Campbell Soup Company (CPB)
Last campbell soup company earnings: 3/4 07:30 am
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Source: Yahoo! Finance
Butterfly Equity, which acquired California-based Bolthouse Farms from Campbell Soup Co. in 2019, said the separation will “enable accelerated growth via increased flexibility for investment in capabilities as well as acquisitions”. Bolthouse Fresh Foods will now operate on the one side in fresh carrots supplied to retailers across North America and will be headed by CEO Timothy Escamilla, the former president of Dole Fresh Vegetables. Generous Brands makes up the other business, incorporating fruit and vegetable juices, smoothies, and fortified energy and immunity drinks. Evolution Fresh is also included, a company Butterfly Equity acquired in 2022 from coffee giant Starbucks. Steve Cornell, the former president of the fresh, beverages and desserts division at Kraft Heinz, has been appointed CEO of Generous Brands. “This separation was always part of our investment thesis,” Adam Waglay, a co-founder and a joint CEO of California-based Butterfly Equity, said. “We have recru
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News
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- Campbell Soup (NYSE: CPB) was upgraded by analysts at Sanford C. Bernstein from an "underperform" rating to a "market perform" rating. They now have a $46.00 price target on the stock, up previously from $42.00.MarketBeat
- Campbell Soup (NYSE:CPB) stock performs better than its underlying earnings growth over last five years [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