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The Latest Breaking News from CPB

5 Staples Stocks to Buy Amidst High Inflation

Although a slowdown in consumer prices in April and the expectation of a flat CPI for May indicate that inflation had reached its peak, the market volatility may not ease anytime soon with the fear of a looming recession. Given the prevailing uncertainties, it could be worth investing in quality…

StockNews.com

Campbell Soup Shares Gain On Q3 Earnings Beat

Campbell Soup Co (NYSE:CPB) reported third-quarter FY22 sales growth of 7% year-on-year to $2.13 billion, beating the consensus of $2.05 billion. Net sales from the Meals & Beverages segment rose 6%, and the Snacks segment climbed 8%. The gross margin contracted 50 basis points Y/Y to 31.2%. Adjusted EBIT of $321 million increased…

Benzinga

Kraft Heinz vs. Campbell Soup: Which Stock is a Better Buy on the Dip?

Stable demand for packaged food should allow food makers to pass on rising input costs to customers and stay resilient amid these uncertain times. Therefore, the performances of Kraft Heinz (KHC) and Campbell Soup (CPB) are expected to rebound from today’s dip. But which of these stocks is a better…

StockNews.com

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Hormel Foods vs. Campbell Soup: Which Stock is a Better Buy?

Despite the rising prices of packaged food products due to intensifying supply chain disruptions, Hormel Foods (HRL) and Campbell Soup (CPB) should benefit substantially from surging demand. But which of these stocks is a better buy now? Read more to learn our view.

StockNews.com

General Mills vs. Campbell Soup: Which Packaged Foods Stock is a Better Buy?

Rising consumer demand for packaged food products should allow companies operating in this space to overcome rising input costs by passing them on to customers. Also, as part of the consumer defensive industry, packaged food companies should perform well amid the current market and economic uncertainties. Therefore, we think General…

StockNews.com

So much for "moderate" Republicans

Abbott's disastrous border stunt harmed his own supporters — because ruthless GOP politics is focused on one man

Salon

Texas border town Laredo mobilises to give its Mexican neighbors Covid shots the state isn’t using

Cross-border effort using donated vaccines gives Nuevo Laredo residents thousands of Covid shots per day

The Independent UK

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Campbell Soup's Q2 Top-Line Misses Consensus, Expects Improvement In 2H Performance

Campbell Soup Company (NYSE:CPB) reported a second-quarter FY22 sales decline of 3.1% year-on-year, to $2.21 billion, missing the consensus of $2.24 billion. Net sales from the Meals & Beverages segment declined 3%, and the Snacks segment fell 3%. The gross margin contracted 410 basis points Y/Y to 30.3%. Adjusted EBIT of $318 million…

Benzinga

A Bullish Sign Appears On Campbell Soup's Chart

If history is any guide, there may be good fortune ahead for shares of Campbell Soup (NYSE:CPB). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Benzinga

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