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CPB - Campbell Soup Co News Story

$49.71 0.1  0.3%

Last Trade - 03/08/20

Sector
Consumer Defensives
Size
Large Cap
Market Cap £11.49bn
Enterprise Value £15.67bn
Revenue £5.78bn
Position in Universe 563rd / 6366

BRIEF-Campbell Soup Sees Incremental Costs Savings Of About $150 Mln For Full Year

Wed 3rd June, 2020 1:55pm
June 3 (Reuters) - Campbell Soup Co  CPB.N :
    * CAMPBELL SOUP - SEES QUICK SCRATCH COOKING TO CONTINUE AND
EXPECT IT WILL BE SUSTAINED DUE TO A SLOW RETURN TO
AWAY-FROM-HOME OCCASIONS - TRANSCRIPT
    * CAMPBELL SOUP -  EXPECT CONSUMER ONLINE ACTIVITIES BOTH IN
TERMS
OF HOME DELIVERY AND CLICK & COLLECT TO ACCELERATE - TRANSCRIPT
    * CAMPBELL SOUP -  PLANNING FOR SHELF TO EVOLVE IN
TRADITIONAL
RETAIL ENVIRONMENTS THAT REFLECT CHANGING CONSUMER TRENDS -
TRANSCRIPT
    * CAMPBELL SOUP -  CATCHING UP ON INVENTORY (IN SNACKS) AND
EXPECT
TO BE IN STRONGER POSITION GOING INTO NEXT COUPLE MONTHS -
TRANSCRIPT
    * CAMPBELL SOUP -  IN SNACKS SEGMENT, EXPECT VALUE CAPTURE
TO
CONTINUE IN Q4 - TRANSCRIPT
    * CAMPBELL SOUP-Q3 NET SALES DRIVEN BY 17-POINT GAIN IN
VOLUME
WITH GROWTH ACROSS MAJORITY OF RETAIL BRANDS, OFFSET PARTLY BY
FALL IN FOODSERVICE UNIT
    * CAMPBELL SOUP CO - SEES INCREMENTAL COST SAVINGS OF ABOUT
$150
MILLION FOR FULL YEAR

Source: (https://bit.ly/3gQV90Q)
Further company coverage:  CPB.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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