CPB May 2024 43.000 call
- Reuters
Campbell to cut 415 jobs as it restructures its manufacturing plants
It added these changes are part of its ongoing efforts to strengthen growth, improve return on invested capital and boost manufacturing and distribution network. The Goldfish crackers owner said it will close the Oregon facility in phases and expects to stop its operations by July 2026, with the first phase in August this year to impact 120 of its 330 employees. The company said the Indiana plant will specialize in the Late July brand of tortilla chips and the production of kettle potato chips will be moved to its Charlotte plant in North Carolina and Hanover plant in Pennsylvania, which would lead to about 85 of 230 employees losing jobs after the change comes into effect in July this year.
- Business Wire
Campbell Announces Supply Chain Optimization Plan to Fuel Growth
CAMDEN, N.J., May 28, 2024--Campbell Soup Company (NYSE: CPB) today announced plans as part of an ongoing effort to invest in and transform its supply chain to fuel business growth, improve return on invested capital, and enhance the overall effectiveness and efficiency of its manufacturing and distribution network.
- Zacks
Will Campbell (CPB) Beat Estimates Again in Its Next Earnings Report?
Campbell (CPB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
