Best Food Companies To Own For 2015: Campbell Soup Co (CPB)
Campbell Soup Company (Campbell), incorporated on November 23, 1922, together with its subsidiaries, is a manufacturer and marketer of branded convenience food products. The Company operates in five segments: U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and North America Foodservice. In June 2012, the Company purchased 1300 Admiral Wilson Boulevard in Camden. On August 6, 2012, the Company completed the acquisition of BF Bolthouse Holdco LLC (Bolthouse Farms). In September 2012, Vilmorin & Cie SA acquired the tomato and pepper breeding and sales business of the Company. In June 2013, Campbell Soup Co completed the acquisition of Plum Organics. In August 2013, Campbell Soup Company completed the acquisition of Kelsen Group A/S.
In the United States, Canada and Latin America, the Companys products are resold to consumers in retail food chains, mass discounters, mass merchandisers, club stores, conven ience stores, drug stores, dollar stores and other retail, commercial and non-commercial establishments. In Europe, the Companys products are resold to consumers in retail food chains, mass discounters, mass merchandisers, club stores, convenience stores and other retail, commercial and non-commercial establishments. In the Asia Pacific region, the Companys products are resold to consumers through retail food chains, convenience stores and other retail, commercial and non-commercial establishments.
U.S. Simple Meals
The U.S. Simple Meals segment aggregates the operating segments: U.S. Soup and U.S. Sauces. The U.S. Soup retail business includes the products, such as Campbells condensed and ready-to-serve soups, and Swanson broth and stocks. The U.S. Sauces retail business includes Pregopasta sauces, Pace Mexican sauces, Campbells canned gravies, pasta, and beans, and Swanson canned poultry.
Global Baking and Snacking
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The Global Baking and Snacking segment include Pepperi! dge Farm cookies, crackers, bakery and frozen products in the United States retail. It also includes Arnotts biscuits in Australia and Asia Pacific.
International Simple Meals and Beverages
The International Simple Meals and Beverages segment aggregates the simple meals and beverages operating segments outside of the United States, including Europe, the retail business in Canada, and the businesses in Asia Pacific, Latin America and China. The segments operations include Erasco and Heisse Tasse soups in Germany,Liebig and Royco soups in France, Devos Lemmens mayonnaise and cold sauces and Campbells and Royco soups in Belgium, and Bla Band soups and sauces in Sweden. In Canada, operations include Habitant and Campbells soups, Prego pasta sauces, Pace Mexican sauces, V8 juices and beverages and certain Pepperidge Farm products. In Asia Pacific, operations include Campbells soup and stock, Kimball sauces, V8 juices and beverages, Prego p asta sauce and Swanson broths.
U.S. Beverages
The U.S. Beverages segment represents the United States retail beverages business, including V8 juices and beverages, and Campbells tomato juice.
North America Foodservice
The North America Foodservice segment represents the distribution of products, such as soup, specialty entrees, beverage products, other prepared foods and Pepperidge Farm products through food service channels in the United States and Canada.
Advisors' Opinion:- [By Laura Brodbeck]
Next week investors will be waiting for several key earnings reports includingJ.C. Penney Company (NYSE: JCP), Campbell Soup Company (NYSE: CPB), Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR), Salesfore.com, Inc. (NYSE: CRM), and Home Depot, Inc. (NYSE: HD).
- [By Matt Thalman]
While the major indexes all fell today, one industry in particular experienced some major moves itself. Th! e food in! dustry had a number of companies that dropped by more than 1% today. Shares of J.M. Smucker (NYSE: SJM ) fell 6.54%, while Campbell Soup (NYSE: CPB ) dropped 1.53%, and Hormel Foods (NYSE: HRL ) declined 2.7%. So what caused the declines?
- [By Eric Volkman]
Campbell Soup (NYSE: CPB ) is continuing to pour a nice comforting bowl of dividend for its investors. The company has declared a quarterly payout of $0.29 per share, to be paid on July 29 to shareholders of record as of July 8. That amount matches each of the firm's previous distributions stretching back to January 2011. Prior to that, it handed out $0.275.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-food-companies-to-own-for-2015-2.html
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