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Home > Fortune 500 Companies > Campbell Soup
Campbell Soup
Campbell Soup is a publicly traded company having a good stock performance result. Campbell Soup is a fortune 500 stock listed company trading under CPB.
The company was founded in 1869 and its headquarter is in Camden, New Jersey. The Company engages in the manufacture and marketing of convenience food products. It operates in three segments: United States Soup, Sauces, and Beverages, Baking and Snacking, and International Soup and Sauces. The United States Soup, Sauces, and Beverages segment offers condensed and ready-to-serve soups, broth and canned poultry; pasta sauce, Mexican sauce, canned pasta, gravies, and beans, meal kits, vegetable juice, juice beverages, and tomato juice.
The baking and snacking segment offers cookies, crackers, bakery and frozen products in the United States, biscuits in Australia and Asia Pacific, salty snacks in Australia and chocolates worldwide. The International Soup and Sauces segment offers soup, sauce, and beverages in Europe, Mexico, Latin America, the Asia Pacific region, and Canada.
A few of our well-known brands include Campbell’s soups, Swanson broths, Pepperidge Farm cookies, crackers, breads, and frozen products, Pace Mexican sauces, Prego pasta sauces, and Godiva chocolates, as well as Arnott’s biscuits in Australia.
Campbell Soup Company is a global manufacturer of high quality soup, beverage, confectionery, and prepared food products. The company is 136 years old with over seven billion dollars in annual sales and a portfolio of more than twenty market-leading brands.
Campbell Soup Company today reported net earnings increased to 302 million dollars in the first quarter ended October 30, 2005 versus 230 million dollars in the prior year. Diluted earnings per share for the quarter were 73 dollars, compared with Dollars.56 in the year-ago period. These results included several items that impact the comparability of results this quarter with a year ago.
Net earnings would have been 242 million dollars in the first quarter of fiscal 2006 and 224 million dollars in the year-ago period, an increase of 8 percent. Earnings per share would have been .58 dollars in the first quarter of fiscal 2006 and .54 dollars in the year-ago period, an increase of 7 percent.
The company finalized its plan to repatriate earnings from non-U.S. subsidiaries under the provisions of the American Jobs Creation Act, and as a result, recorded incremental tax expense of eight million dollars, or .02 dollars per share, associated with one-time incremental dividends of 225 million Dollars.
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