|Day's range||1.3700 - 2.2500|
More American consumers are reportedly turning towards private-label goods. Yahoo Finance Live's Julie Hyman and Brad Smith check out shares of Campbell's Soup Company as the food brand reports its latest earnings beat while contending with price hikes and dipping demand.
Campbell Soup's (CPB) third-quarter fiscal 2023 net sales increase 5%, driven by favorable inflation-induced net price realization and brand strength.
Shares of Campbell Soup Company (NYSE: CPB) dropped on Wednesday after its latest quarterly financial report failed to impress investors. As of 10 a.m. ET, Campbell Soup stock is down about 6%. This morning, Campbell Soup Company -- maker of soups, snacks, drinks, and more -- reported financial results for its fiscal third quarter of 2023.
Mixed Earnings Results for Consumer Staples Sector.
U.S. Stock Futures Flat After Yesterday's Broad-Based Rally.
Although the revenue and EPS for Campbell (CPB) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Campbell (CPB) delivered earnings and revenue surprises of 6.25% and 0.45%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
CAMDEN, N.J., June 07, 2023--Campbell Soup Company (NYSE:CPB) today reported results for its third-quarter fiscal 2023 ended April 30, 2023.
Signet's (SIG) first-quarter fiscal 2024 results are likely to reflect the impacts of a tough operating backdrop, including high inflation.
Campbell Soup's (CPB) third-quarter results are likely to reflect gains from pricing and Snacks business strength amid cost woes.
G-III Apparel's (GIII) first-quarter fiscal 2024 sales performance is likely to reflect the impacts of a challenging operating landscape, including inflationary pressures.
Favorable demand trends, growth across geographic regions and an improved Travel Retail business are expected to have aided Brown-Forman (BF.B) in Q4 amid higher costs and supply-chain disruptions.
The J.M. Smucker's (SJM) fourth-quarter results are likely to reflect gains from pricing and core priorities amid cost inflation.
Campbell Soup (CPB) announces the divestiture of its Emerald nuts business to Flagstone Foods. This is likely to help the company increase its focus on the growing Snacks business and power brands.
Campbell (CPB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CAMDEN, N.J., May 31, 2023--Campbell Soup Company (NYSE: CPB) today announced that Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financial Officer, will participate in a virtual fireside chat at the 3rd Annual Evercore ISI Consumer and Retail Conference on Wednesday, June 14, 2023 at 4:15 p.m. EST.
lululemon's (LULU) Q1 results are expected to reflect gains from continued business momentum, backed by improved traffic trends and digital growth.
CAMDEN, N.J., May 30, 2023--Campbell Soup Company (NYSE:CPB) today announced the sale of the Emerald nuts business to Flagstone Foods, one of the largest manufacturers and distributors of private label healthy snacks in North America. Terms of the transaction were not disclosed.
Campbell Soup (CPB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Campbell (CPB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Campbell (CPB) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Campbell Soup Company ( NYSE:CPB ) has announced that it will pay a dividend of $0.37 per share on the 31st of July...
Hormel Foods' (HRL) second-quarter results are likely to reflect the impacts of cost inflation and supply-chain hurdles, while favorable demand for the company's brands is likely to have been an upside.
CAMDEN, N.J., May 24, 2023--Campbell Soup Company (NYSE: CPB) today announced that it will report its third-quarter fiscal 2023 financial results on June 7, 2023.
CAMDEN, N.J., May 23, 2023--The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.37 per share. The quarterly dividend is payable July 31, 2023, to shareholders of record at the close of business as of July 6, 2023.