Campbell Soup Co.

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Campbell Soup Co.'s M&A plans should avoid fresh

Campbell Soup Co. has looked to inject growth into its business through acquisitions in recent years and the indications are this is likely...

10 things to learn: Campbell's plans for growth

Campbell Soup Co. is undergoing some significant changes in response to a new economic reality and shifting consumer preferences. These chan...


10 things to learn: Campbell's plans for growth

Katy Askew | 23 Jul 2015

Campbell Soup Co. is undergoing some significant changes in response to a new economic reality and shifting consumer preferences. These changes are both structural and cultural. On the one hand, the group wants to leverage its scale, on the other, it recognises the need to be "agile" and adopt a "challenger mindset".


Will Bonduelle swoop for Green Giant?

Katy Askew | 22 Jul 2015

With General Mills apparently preparing to sell its Green Giant brand, Bonduelle is rumoured to be looking at a bid. The fit between Green Giant and Bonduelle's existing business is a natural one and the move would significantly step up the French group's presence in North America. However, Green Giant has seen lacklustre sales and its market share decline. Would Bonduelle move for a turnaround story? Katy Askew investigates.


Expect more deals from Campbell Soup Co.

Dean Best | 15 Jun 2015

Campbell Soup Co. has again moved to inject growth into its business through M&A, snapping up US salsa-to-houmous maker Garden Fresh Gourmet. And the odds are more deals in categories like fresh food and snacks will follow.


Campbell working hard but challenges remain

Dean Best | 27 May 2015

Campbell Soup Co.'s third-quarter results included some positive news. Sales from the US group's baking and snacking arm grew solidly, while the company's profitability beat analyst expectations amid productivity savings and a pull back on promotional spending. However, Campbell's top line remains under pressure and it may have to turn to other measures to get sales growing.

Latest Interviews

just-food interview: Nestle CEO Bulcke on growth

Katy Askew | 18 Jul 2013

Nestle has set out a clear growth trajectory. Across its global operations, the world's largest food group aims to deliver 5-6% organic revenue growth. At the same time, Nestle has targeted improved operating margins and higher underlying earnings. And key to the "Nestle Model" is the fact that the company believes it can achieve this year-in, year-out, for the foreseeable future. Katy Askew spoke to Nestle group chief executive Paul Bulcke to find out how.


just the answer - Anna Rosier, Organix Baby Food

Michelle Russell | 17 Jul 2013

The UK organic food market has experienced some ups and downs in recent years but organic baby food producer Organix has remained consistent in its approach to delivering high-quality organic products. Michelle Russell met up with managing director Anna Rosier to find out how the company is driving growth and find out more about the opportunities it see at home and abroad.

Latest News

Warren Buffett cools Kraft Heinz, Mondelez talk

Dean Best | 10 Aug 2015

Warren Buffett today (10 August) appeared to pour cold water on the prospect of Kraft Heinz Co. making a move for Mondelez International in the near term.


Food industry news of week: Nestle India, ConAgra

Dean Best | 31 Jul 2015

Nestle this week a change of leadership at its embattled unit India, which has been under the spotlight in recent weeks over the nationwide Maggi recall. Elsewhere, ConAgra Foods was reported to have started talks to sell its own-label unit, with Post Holdings and TreeHouse Foods said to be interested. Our interview pages included chats with the founder of US organic baby food firm - and Danone subsidiary - Happy Family, Chinese bakery business Dongguan Kam Tai Foods and UK gluten-free company Mrs Crimble's.


Food industry quotes of week: Unilever, Campbell

Hannah Abdulla | 24 Jul 2015

Unilever was among the companies issuing second-quarter results this week - and, after a period of higher food revenues, said it is making targeted efforts to grow the business. Elsewhere Hain Celestial acquired Europe plant-based food and beverage maker Mona Group. just-food also interviewed Seabrook Crisps CEO Jonathan Bye about the management buy-out at the UK crisp firm and to US start-up Flapjacked's co-founder David Bacon about its ambitions.


Industry news of week: Green Giant, Dumex

Dean Best | 24 Jul 2015

The speculation around General Mills' ailing Green Giant brand continued this week with claims Bonduelle is eyeing up the unit. We looked at the likelihood of the French group making an offer. Meanwhile, Danone decided to merge is under-pressure Chinese infant formula arm business with local dairy giant Mengniu and we looked at the key takeaways from Campbell Soup Co.'s investor day in the US.


Campbell Soup Co. cuts long-term sales target

Dean Best | 22 Jul 2015

Campbell Soup Co. today (22 July) lowered its long-term sales target, citing "the current conditions in the food industry".


Susan Day Cakes adds 51 jobs, eyes Asia growth

Hannah Abdulla | 29 Jun 2015

Australian baked good firm, The Cake Syndicate, has said it is seeking an investor to fund capital expansion and growth into Asia.


Food industry news of week: Yoplait, Maggi

Dean Best | 12 Jun 2015

General Mills has taken the plunge in China's yoghurt market, this week launching Yoplait in Shanghai. The row over Nestle's Maggi noodles in India continued, with the food giant contesting the nationwide ban in court. And there were a flurry of stories in the US - Campbell Soup Co. and WhiteWave Foods snapped up smaller businesses, while Boulder Brands announced its co-founder and CEO Steve Hughes had resigned.


Campbell to buy salsa maker Garden Fresh Gourmet

Dean Best | 9 Jun 2015

Campbell Soup Co. has again moved to buy a US fresh foods business, striking a deal to acquire salsa-to-houmous maker Garden Fresh Gourmet for US$231m.


Campbell improves earnings outlook

Katy Askew | 22 May 2015

Campbell Soup Co. said it expects full-year earnings to fall in the upper end of its guidance range despite a slump in third-quarter sales and EBIT.


Campbell says 470 staff to take retirement

Dean Best | 6 May 2015

Campbell Soup Co. has revealed more than 470 staff have decided to accept the US group's offer to take voluntary redundancy.


Campbell: We will protect Kelsen worldwide

Dean Best | 10 Apr 2015

Campbell Soup Co., which has won a marketing dispute over its Kelsen baked snacks business in the US, has said it is looking to "protect" the division in a number of markets around the world.


Campbell gets watchdog backing over rival cookies

Dean Best | 9 Apr 2015

The advertising for Danisa butter cookies in the US has been changed after complaints from Campbell Soup Co., owner of the Danish snacks business Kelsen.


Heinz, Kraft merger: Quote, unquote

Dean Best | 25 Mar 2015

US-based food giants Heinz and Kraft Foods Group are set to join forces, creating the number three food and drinks company in North America - and the fifth-largest worldwide. Here is a flavour of how the market reacted.


Food news of the week: yoghurt cartel, US ports

Dean Best | 27 Feb 2015

France's competition watchdog this week confirmed an announcement on its three-year long probe into allegations of a price fixing in the country's yoghurt sector is imminent. Elsewhere, US companies affected by the dispute on West Coast ports said the backlog would take weeks to clear.


Campbell expects margin woes to weigh on FY

Katy Askew | 25 Feb 2015

Campbell Soup Co. conceded today (25 February) margins are likely to be down this year after booking a double-digit decline in second-quarter operating profit.


CAGNY: Quote, unquote

Dean Best | 20 Feb 2015

The annual Consumer Analyst Group of New York investment conference in Florida is one of the key dates in the industry calendar in the US. And this year's event, held this week, could mark a watershed moment.


Campbell targets US$200m in extra cost cuts

Dean Best | 18 Feb 2015

Campbell Soup Co., which last week cut its forecast for annual earnings, said today (18 February) it had identified ways of reducing its overheads by US$200m beyond its ongoing productivity measures.


Campbell Soup Co. issues profit warning

Dean Best | 13 Feb 2015

Campbell Soup Co. has cut its annual forecasts for sales and earnings amid pressure on margins and the impact of the strengthening US dollar.


ConAgra names ex-Hillshire chief Sean Connolly CEO

Dean Best | 13 Feb 2015

Former Hillshire Brands chief executive Sean Connolly has been appointed the new CEO at ConAgra Foods.


Food industry news of week: Amira, Kellogg

Dean Best | 13 Feb 2015

Campbell Soup Co., ConAgra Foods and Kellogg all indicated they are finding the going tough in the US this week with cuts to financial forecasts. Away from the results, however, it was global rice supplier Amira Nature Foods that grabbed the headlines after being accused of corruption.


Plum Organics enters US soup category

Katy Askew | 4 Feb 2015

Campbell Soup Co.-owned organic kids food maker Plum Organics has expanded into soups with the launch of a range of single-serve pouches.


Food industry news of week: MOM Brands, Krave

Dean Best | 30 Jan 2015

In the first of the week's big deals, Post announced the acquisition of MOM brands, a fellow US breakfast cereal manufacturer. Post said the buy would cement its position as the third-largest cereal maker in the US.

Latest blogs

Baby food recipes in spotlight in US

Dean Best | 22 May 2015

The make-up of the ingredients in baby food in the US is under some scrutiny, with Campbell Soup Co. and Nestle attracting criticism from consumer watchdogs.


Wal-Mart brings industry together on sustainability

Katy Askew | 2 May 2014

We all know Wal-Mart packs quite a punch. The influence the retailer has was in full force this week at the group's first ever supplier expo, when it called on the world's largest manufacturers to improve their environmental footprints - and took an eye-catching photo.

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