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News Breaks
July 21, 2014
13:25 EDTCPBCampbell Soup says dividends to increase over time in-line with earnings
Says company has been reducing overhead expenses. Says FY14 guidance is unchanged from May. Says extra week in FY14 will impact FY14 EPS by 8c per share. For FY14, the company expects incentive compensation costs will be below target levels, which will be a headwind next year. Says company will drive future growth by launching new products and enhancing distribution. Expects to resume share repurchases in FY15. Sees a modest EPS effect from share buybacks in FY15. The company forecasts continuing cost inflation in FY15. Expects FY14 input cost inflation to be between 3%-4%. Sees $400M of capital spending in FY15. Sees gross margin percentage to be stable in FY15. Comments made during the company's Investor Day conference.
News For CPB From The Last 14 Days
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October 21, 2014
07:30 EDTCPBCampbell Soup's Ellan Oran Kaden to retire on May 1, 2015
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October 9, 2014
08:37 EDTCPBCampbell names Brandywine Realty as developer of Gateway District Development
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