Highest-materiality recent filing
Campbell's EVP Daniel Poland to step down from role Aug 3, assist transition until Jan 10, 2027
Daniel L. Poland steps down as EVP, Chief Enterprise Transformation Officer effective August 3, 2026.
Campbell's Q3 net sales down 4% to $2.37B; adjusted EPS falls 32% to $0.50
Net sales $2,366M (-4% reported and organic); organic decline driven by volume/mix.
Campbell's Q2 net sales down 5% to $2.6B; adj. EPS falls 31% to $0.51; slashes FY2026 guidance
Net sales $2.564B, down 5% (organic -3%); adjusted EPS $0.51 vs $0.74 last year.
Campbell's prices $550M senior notes at 4.550% due 2031
Issued $550M aggregate principal of senior unsecured notes at 4.550% fixed rate, due March 21, 2031.
Campbell's Q1 adjusted EPS down 13% to $0.77; net sales -3%; acquires 49% of La Regina for $286M
Net sales fell 3% to $2.677B (organic -1%); adjusted EPS $0.77 vs $0.89; adjusted EBIT down 11% to $383M.
Latin America retail snacking and meals/beverages moved from Snacks to Meals & Beverages segment effective fiscal 2026.
Campbell's acquires 49% stake in Rao's sauce producer La Regina for $286M
Total consideration $286M: $146M cash at close, $140M payable in cash or stock on first anniversary.
Campbell's shareholders elect all 12 directors, reject two shareholder proposals
All 12 director nominees elected; Archbold van Beuren received ~23M against votes but still passed.
Campbell's appoints Todd Cunfer as EVP & CFO, effective Oct 20
Appointment of Todd E. Cunfer as EVP and CFO, effective Oct 20, 2025.
Campbell's appoints Kelly L. Palumbo as SVP, Controller and Chief Accounting Officer
Stanley Polomski transitions to SVP Business Process Optimization, effective Sept 22, 2025.
Campbell's Q4 adj EPS -2% to $0.62; FY2026 guidance implies adj EPS decline of 12-18%
Q4 net sales $2.3B (+1%); organic net sales -3%; adj EPS $0.62 vs $0.63 prior.
Campbell's extends $1.85B credit facility maturity by one year to April 2030
Extended $1.85 billion five-year credit agreement maturity from April 16, 2029 to April 16, 2030.
Campbell's elects Mary Alice Dorrance Malone, Jr. as director
Mary Alice Dorrance Malone, Jr. elected to the Board effective July 17, 2025.
Net sales $2.48B (+4% reported, +1% organic); Meals & Beverages organic +6%, Snacks organic -5%
Campbell's Q2 adjusted EPS $0.74, -8% YoY; cuts full-year guidance on snacking softness
Net sales +9% to $2.7B, organic -2%; adjusted EBIT +2% to $372M.
Sale of noosa yogurt business to Lakeview Farms completed; combined entity renamed Novus Foods.
Campbell's reports Q1 adj EPS $0.89, raises dividend 5%, CEO Clouse to retire; Beekhuizen named CEO
Q1 adj EPS $0.89 (-2% YoY); net sales $2.772B (+10% reported, -1% organic).
Campbell Soup shareholders approve name change to The Campbell's Company
Company renamed from Campbell Soup Company to The Campbell's Company effective Nov 19, 2024 after shareholder approval.
Campbell Soup sells noosa yoghurt business to Lakeview Farms; $177M LTM sales
Campbell agreed to sell noosa yoghurt business to Lakeview Farms; terms not disclosed.
Campbell Soup prices $1.15B senior notes offering; 4.75% due 2035 and 5.25% due 2054.
Issued $800M in 4.750% notes due March 2035 and $350M in 5.250% notes due October 2054.
Campbell Soup holds Investor Day on Sep 10, 2024, webcast available
Investor Day held at Nasdaq MarketSite in NYC on September 10, 2024, at 9:00 a.m. ET.
Corrected FY2025 guidance: 53rd week worth ~2 points to reported net sales & adj. EBIT, $0.06 adj. EPS; organic net sales guidance unchanged.
Campbell Q4 GAAP EPS -$0.01; adj. EPS $0.63 (+26%); FY2025 guide adj. EPS $3.12-$3.22
Q4 net sales $2.3B (+11% reported, -1% organic); adj. EBIT $329M (+36%); GAAP EBIT $77M includes $129M impairment on Pop Secret/Allied.
Campbell sells Pop Secret popcorn business to Our Home; $120M FY24 sales
Pop Secret generated ~$120M net sales in fiscal 2024; terms undisclosed.
Campbell Soup transfers stock listing from NYSE to Nasdaq effective Aug 19; ticker CPB unchanged
Last trading on NYSE at market close August 16, 2024.
Campbell Q3 adj. EPS up 10% to $0.75; completes Sovos Brands acquisition, updates FY guidance
Net sales $2.4B (+6% reported, organic flat); adj. EBIT $354M (+13%); adj. EPS $0.75 (+10%).
Campbell Soup supplies Sovos Brands financials for March 2024 acquisition
Acquisition of Sovos Brands closed March 12, 2024 for $23.00 per share in cash.
Campbell Soup enters new $1.85B credit facility, replaces prior agreement
New $1.85B unsecured revolving credit facility matures April 16, 2029.
Campbell Soup prices $2.5B senior unsecured notes offering in four tranches
$400M 5.300% notes due 2026, $500M 5.200% due 2027, $600M 5.200% due 2029, $1B 5.400% due 2034.
Campbell completes $2.7B acquisition of Sovos Brands; adds Rao's, creates Distinctive Brands unit
Acquired Sovos Brands for $23.00/share in cash; total enterprise value approx. $2.7 billion.
Campbell Soup Q2 adj EPS $0.80 flat YoY; reaffirms FY24 outlook; Sovos deal close expected mid-March
Net sales $2.456B (-1% reported and organic); GAAP EPS $0.68 vs $0.77 prior year.
Campbell & Sovos certify FTC compliance; 30-day wait ends March 11, deal close expected soon after
Campbell (CPB) and Sovos (SOVO) certified substantial compliance with FTC's Second Request on Feb 13, 2024.
Campbell Q1 net sales down 2%; adjusted EPS $0.91 vs $1.02 prior year; reaffirms FY24 guidance
Net sales $2.518B (-2% reported, -1% organic); adjusted EBIT $407M (-9%).
All 12 director nominees elected with support ranging from 244.9M to 251.3M votes for each.
Campbell Soup EVP & General Counsel Adam Ciongoli retiring effective Nov 30, 2023
Adam Ciongoli, EVP, General Counsel and Chief Sustainability, Corporate Responsibility and Governance Officer, retires Nov 30, 2023.
Campbell Soup receives FTC second request for Sovos acquisition; closing expected mid-2024
FTC issued Second Request for additional information in review of Campbell's proposed acquisition of Sovos Brands.
Campbell Soup enters $2B delayed draw term loan for Sovos Brands acquisition
Unsecured delayed draw term loan facility of up to $2B, maturing October 8, 2024.
Campbell Q4 net sales +4% to $2.1B; adj. EPS $0.50 (-11%); FY2024 adj. EPS guide $3.09-$3.15
Q4 net sales $2,068M (+4% reported, +5% organic); adjusted EPS $0.50 (-11% YoY).
Director JP Bilbrey to not stand for re-election at Campbell's 2023 Annual Meeting
Director John P. (JP) Bilbrey notified Campbell he will not stand for re-election at Nov. 29, 2023 annual meeting.
Campbell Soup to acquire Sovos Brands for $2.7B enterprise value
Campbell to acquire Sovos Brands for $23.00/share in cash; total enterprise value of $2.7B.
Campbell Q3 net sales +5% to $2.23B; adj. EPS -3% to $0.68; FY guidance reaffirmed
Adjusted EBIT fell 2% to $313M on lower pension income; reported EBIT -14% to $254M.
Campbell sells Emerald nuts to Flagstone Foods; minimal FY2023 impact, $0.01 dilutive to FY2024 EPS
Emerald nuts sold to Flagstone Foods; terms not disclosed.
Campbell Soup amends By-Laws for universal proxy and stockholder meeting procedures
Requires stockholders to provide evidence of Rule 14a-19 compliance for director nominations.
Campbell Q2 net sales +12% to $2.485B; adj EPS $0.80 beats; raises FY guidance
Adjusted EPS $0.80 (+16% YoY) on net sales $2.485B (+12% reported, +13% organic).
Campbell Soup appoints Carrie L. Anderson as EVP and CFO, effective Feb 6, 2023
Carrie L. Anderson, former EVP & CFO of Integra LifeSciences, becomes Campbell Soup EVP & CFO effective Feb 6, 2023.
Campbell Soup Q1 sales up 15% to $2.58B, adjusted EPS $1.02, raises FY2023 guidance
Net sales $2.575B, +15% YoY; reported EPS $0.99 (+15%), adjusted EPS $1.02 (+15%).
All 13 director nominees elected; approval ranges from 248M to 254M votes for each.
Valerie Oswalt resigns as EVP/President Snacks effective Nov 1 to take external role.
Campbell Q4 net sales up 6% to $2.0B; adjusted EPS up 8%; provides FY23 guidance
Q4 net sales $1.987B (+6% YoY); organic net sales +6%; adjusted EPS $0.56 (+8% vs $0.52 prior).
Board changes: Dorrance Sr. retires; son Dorrance Jr. elected director
Bennett Dorrance, Sr. retired from the Campbell Soup board effective July 21, 2022, not due to any disagreement.
On June 17, 2026, The Campbell’s Company (the “Company”) announced that Daniel L. Poland, Executive Vice President, Chief Enterprise Transformation Officer, will step down from his current role effective August 3, 2026.
On November 4, 2023, Adam Ciongoli, Executive Vice President, General Counsel and Chief Sustainability, Corporate Responsibility and Governance Officer of Campbell Soup Company (the “Company”) informed the Company that he is retiring from his position effective November 30, 2023.
On August 20, 2023, John P. (JP) Bilbrey notified Campbell Soup Company (“Campbell”) that he did not wish to stand for re-election as a member of the Board of Directors of Campbell at the upcoming 2023 Annual Meeting of Shareholders to be held on November 29, 2023 due to his return to a role that has a greater executive requirement.
On January 25, 2023, Campbell Soup Company (the “Company”) announced that Carrie L. Anderson, age 54, has been appointed as the Company’s Executive Vice President and Chief Financial Officer, effective February 6, 2023.
Mick J. Beekhuizen will discontinue his role as Chief Financial Officer effective February 6, 2023 and will continue in his role as Executive Vice President and President, Meals & Beverages for the Company.
Mick Beekhuizen, Executive Vice President and Chief Financial Officer (“CFO”) of the Company, has been named Executive Vice President and President, Meals & Beverages.
The Company announced that Christopher Foley, Executive Vice President and President, Meals & Beverages, has been named Executive Vice President and President, Snacks.
On October 26, 2022, Valerie Oswalt, Executive Vice President and President, Snacks of Campbell Soup Company (the “Company”) informed the Company that she is resigning her position effective November 1, 2022.
On July 20, 2022, the Board of the Company elected Bennett Dorrance, Jr. as a director, effective July 21, 2022.
On July 20, 2022, Bennett Dorrance, Sr. notified the Board of Directors (the “Board”) of Campbell Soup Company (the “Company”) of his intention to retire as a member of the Board, effective as of July 21, 2022.
Max materiality 1.00 · Median 0.57 · Most common event earnings