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Campbell Soup Company

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Campbell is progressing well with its cost savings plan as it raised the annualized savings target to $500 million, which is expected to be achieved by the end of fiscal 2020. Further, the company is making acquisitions to enhance its brand portfolio and accelerate growth. Recently, it completed the buyout of Snyder’s-Lance, Inc., which is likely to fortify Campbell's snacks portfolio. Further, the company delivered earnings beat in second-quarter fiscal 2018 after three straight misses, while sales turned positive after lagging estimates in the preceding four quarters. However, persistent challenges in the U.S. soup category and Campbell Fresh division led the stock to underperform the industry in the past year. Also, margins remain pressurized owing to higher cost inflation, escalated supply chain expenses and adverse mix, and are likely to decline in fiscal 2018.


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