New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

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
Sign up for a free trial to see the rest of the stories you've been missing.
July 22, 2015
09:07 EDTCPBOn The Fly: Pre-market Movers
Subscribe for More Information
07:38 EDTCPBCampbell Soup revises long-term growth targets
Subscribe for More Information
07:32 EDTCPBCampbell Soup raises FY15 adjusted EPS view to $2.43-$2.46 from $2.32-$2.38
Consensus is $2.38. Consistent with previous sales guidance, the company expects sales to decline by 1 percent, reflecting the negative impact of currency translation. Reflecting favorable gross margin performance and earlier-than-expected benefits from the previously announced cost reduction initiatives, Campbell now expects adjusted EBIT to decline -2 to -1 percent, compared to the previous guidance of being at the favorable end of the -7 to -5 percent range. The company expects adjusted EPS to be in the range of -1 to 0 percent, or $2.43 to $2.46 per share, compared to the previous guidance of being at the favorable end of the -5 to -3 percent range or $2.32 to $2.38 per share.
07:31 EDTCPBCampbell Soup now sees $75M in savings from cost reduction initiatives in FY15
Subscribe for More Information
July 20, 2015
06:56 EDTCPBCampbell Soup to host investor day
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use