Campbell Soup Company is a leading global food company known for its diverse portfolio of products, which includes soups, sauces, snacks, and beverages
The company focuses on delivering nutritious and convenient food options to consumers, drawing on its heritage of culinary expertise and innovation. With a commitment to sustainability and quality, Campbell Soup engages in responsible sourcing and environmentally-friendly practices while continually adapting to evolving consumer tastes and preferences. Through its well-recognized brands, Campbell Soup aims to foster connections between people and food, enhancing mealtime experiences for families around the world.
Over the last six months, Campbell’s shares have sunk to $39.79, producing a disappointing 15.3% loss - a stark contrast to the S&P 500’s 11.1% gain. This may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Campbell's (NASDAQCPB) and the best and worst performers in the shelf-stable food industry.
Packaged food company Campbell's (NASDAQCPB) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 10.1% year on year to $2.77 billion. Its non-GAAP profit of $0.89 per share was 1.6% above analysts’ consensus estimates.
Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let’s have a look at Campbell's (NYSECPB) and its peers.
Analysts express concerns over consumer challenges for Campbell's Company (CPB), lowering EPS estimates while noting potential risks to earnings and long-term growth opportunities.
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