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CPB Stays on Hold

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January 16, 2009 |Comments: 0
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CPB

Headquartered in Camden, New Jersey, Campbell Soup Co. (CPB) is a leading global soup manufacturer and is the third largest biscuit company in the U.S. The company's Transformation and Driving Quality Growth Plans are improving the topline through a combination of improved products, attractive packaging, a new retail shelving system, and more effective marketing.

Price increases and a line of lower sodium soups helped Campbell accomplish management's financial goals in the last 2 fiscal years. Management continues to optimize the portfolio with the introduction and reformulation of lower sodium soups. However, cost inflation remains a concern. The Hold recommendation is maintained.

Read the full analyst report on CPB

Read the full analyst report on CPB

 

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