Campbell Soup Inc.

$19.00

Want a discount? Become a member by purchasing Annual Subscription!
SKU: CPB-1 Category:

Description

In the recent fiscal quarter, Campbell Soup faced a 1% decline in organic net sales, amounting to $2.5 billion, following a substantial 15% increase in the preceding year, resulting in a commendable 7% growth on a 2-year compound annual growth rate basis. Within the Meals & Beverages division, there was a planned low to mid-single-digit decline in the first quarter, with organic net sales up 6% on a 2-year compound annual growth rate basis. The Soup portfolio experienced decreases in dollar consumption, yet pockets of strength were identified. The broth business, particularly the Pacific broth portfolio, exhibited robust growth, outpacing the category rate. While ready-to-serve and condensed eating businesses faced pressure due to consumers shifting towards more stretchable meals, recent trends indicate improvement, especially in share, as the important holiday season unfolds. The first quarter saw a 1% growth in organic net sales in the Snacks business. Power Brands grew net sales by 5%, maintaining resilience despite broader category pressure. The acquisition of Sovos Brands is progressing, and they are aiming to complete the deal in the next calendar year and close the transaction in mid-2024. Despite challenges, the first quarter unfolded as anticipated, showcasing the company’s consistent track record of meeting commitments.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

Want unlimited access to our reports? Purchase our $99 annual subscription!