All articles tagged with #campbells
A leaked audio of a Campbell's executive mocking Indian workers and customers sparked a PR crisis, highlighting the importance of private conduct aligning with corporate values, the fragility of internal trust, and the public consequences of private comments, ultimately emphasizing that leadership is judged by its integrity at all times.
Campbell's has announced it will remove all artificial colors from its products by August 2026, responding to calls from health officials to eliminate potentially hazardous synthetic dyes, and will increasingly use natural color sources like paprika and beet juice.
Campbell's reported a 4% rise in net sales to $2.5 billion in Q3, driven by increased at-home cooking, with sales of broths up 15% and Rao’s sauces up 2%, though snack sales declined 4%. The trend reflects broader consumer shifts towards home-prepared meals amid economic uncertainty.
Campbell's reports a surge in home cooking to its highest level since early 2020, indicating Americans are tightening their wallets amid economic uncertainty, which could impact consumer spending and economic growth.
Campbell's beat Q3 sales and profit estimates driven by increased demand for canned foods and soups as consumers prefer eating at home amid economic uncertainty and inflation, though some segments like snacks lag behind. The company maintains its full-year sales forecast but expects some impact from tariffs and cost inflation, and is exploring pricing and sourcing strategies.
U.S. stock futures are up as investors await jobs data and Federal Reserve remarks. Salesforce shares surge after strong earnings and outlook, while Palantir hits new highs following government approval for its products. Campbell's stock falls on CEO departure and weak results, and Amazon announces an AI supercomputer with in-house chips, boosting its shares.
Campbell Soup Co. has received shareholder approval to change its name to Campbell's Co., reflecting its diverse product portfolio beyond soups. The rebranding aims to maintain the iconic Campbell's name while highlighting its broader range of products, including Prego sauces and Goldfish crackers. The change follows a trend among food companies to rebrand by shortening names to emphasize a wider business scope.
Campbell's has introduced a new limited edition Grilled Cheese and Tomato Soup, infused with the flavors of a grilled cheese sandwich for a comforting experience. The soup can be prepared with water for a robust tomato taste or with milk for a cheesier flavor, catering to individual preferences. Available for a limited time, the company is also hosting a sweepstakes to give away 412 cans in celebration of National Grilled Cheese Day.