Campbell Soup Co.
Campbell Soup Co. has looked to inject growth into its business through acquisitions in recent years and the indications are this is likely...
Campbell Soup Co. is undergoing some significant changes in response to a new economic reality and shifting consumer preferences. These chan...
| 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".
| 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.
| 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.
| 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.
| 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.
| 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.
| 4 Sep 2015
This week, B&G Foods announced it had acquired General Mills' struggling Green Giant business in a US$765m deal. Elsewhere, Arla Foods struck two joint ventures in Senegal and Nigeria as the dairy group looks to further expand its presence in Africa. Meanwhile, Campbell Soup Co. reported its full year results and issued a 2015/16 forecast above Wall Street estimates. Here is the week in quotes.
| 3 Sep 2015
Campbell Soup Co. today (3 September) predicted earnings for the new financial year above the consensus estimate on Wall Street alongside numbers for its last quarter that met analyst forecasts.
| 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.
| 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.
| 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.
| 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.
| 22 Jul 2015
Campbell Soup Co. today (22 July) lowered its long-term sales target, citing "the current conditions in the food industry".
| 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.
| 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.
| 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.
| 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.
| 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.
| 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.
| 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.
| 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.
| 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.
| 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.
| 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.
| 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.
| 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.
| 13 Feb 2015
Former Hillshire Brands chief executive Sean Connolly has been appointed the new CEO at ConAgra Foods.
| 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.
| 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.
| 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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