Campbell Soup Co.

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Expect more deals from Campbell Soup Co.

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...

Campbell working hard but challenges remain

Campbell Soup Co.'s third-quarter results included some positive news. Sales from the US group's baking and snacking arm grew solidly, while...


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.


Why Heinz-Kraft merger could herald more deals

Dean Best | 30 Mar 2015

The US food industry is going through a period of significant change and the major names have struggled to come up with the answers to meet new consumer habits. There have already been signs some are turning to M&A - think of the sales of Bolthouse, of Annie's and even Krave jerky last month - and the Kraft/Heinz mega-merger suggests deal-making could accelerate.


Why US foodservice could offer route to growth

Dean Best | 3 Mar 2015

A swathe of mainstream US packaged food manufacturers are searching for growth as grocery retail stagnates amid significant changes to consumer habits. In just-food's latest management briefing, we look at whether the foodservice channel could present opportunities for growth.


Foodservice in the US - what the analysts say

Hannah Abdulla | 3 Mar 2015

The US foodservice market is worth US$702bn and is set to experience growth of close to 4% this year, according to US consultants Technomic. With mainstream grocery retail stagnant, could the foodservice channel offer packaged food manufacturers a route to growth? We speak to four industry analysts in the US to see how they view the opportunity for manufacturers in the foodservice sector.

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

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.


Campbell aligns structure with growth objectives

Katy Askew | 29 Jan 2015

Campbell Soup Co. is reorganising its business into three divisions the US group says reflect its strategic growth priorities.


Food industry news of week: Marfrig, Cadbury

Dean Best | 16 Jan 2015

Brazil-based food giant Marfrig announced the surprise resignation of CEO Sergio Rial this week after just a year in the position. Another chief executive is to go at UK retailer Morrisons, with its board believing its best chance to return to growth is without Dalton Philips.


3G "eyeing PepsiCo, Campbell acquisition"

Hannah Abdulla | 7 Jan 2015

The co-owner of Heinz, Brazilian investment firm 3G Capital, is reportedly weighing up the acquisition of another major food company.


Campbell Q1 profits up but CEO Morrison cautious

Hannah Abdulla | 25 Nov 2014

Campbell Soup Co. today (25 November) reported an increase in first-quarter profits, sending its shares higher, but CEO Denise Morrison cautioned the group was facing challenges.


Campbell expands Plum Organics into adult snacking

Katy Askew | 8 Oct 2014

Campbell Soup Co.-owned baby food manufacturer Plum Organics is expanding into adult snacking in the US with the launch of Plum Vida pouches.

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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