Campbell Soup Company – Company Information

campbell logo
Company Campbell Soup Company
Headquarters 1 Campbell Place, Camden, NJ 08103-1799, USA
CEO and President Denise M. Morrison
CFO Anthony P. DiSilvestro
Industry Food processing
Founder Joseph Campbell and Abraham Anderson
Founded 1869
Type Public
NYSE stock symbol CPB
Revenue $8.268 billion (2014)
Net income $807 million (2014)
Earnings per share $2.59 USD (2014)
Employees 19,400 (2014)
Investor relations contact number: 856-342-6081

Campbell Soup Company is a multinational producer and marketer of soup and canned food products, based in Camden, New Jersey, USA.

The company has operations in over 120 countries. It is currently one of the world’s major food companies, with a diverse portfolio of well known brand names.

The brands the company operates include: Campbell’s (soups), Pepperidge Farm (cookies), Goldfish (crackers), Royal Dansk (biscuits), V8 (juices), Bolthouse Farms (premium beverages, carrots, and dressings), Plum Organics (premium baby food), Swanson (broths), Prego (pasta sauces), and Pace (Mexican sauce).

The company has three core categories: Soup & Simple Meals, Snacks and Healthy Beverages.

It was founded in 1869 by Joseph Campbell, a fruit merchant, and Abraham Anderson, an icebox manufacturer. The two started out by producing canned tomatoes, vegetables, and soups. The first can of Campbell’s ready-to-eat tomato soup was introduced in 1895.

The company officially changed its name to Campbell Soup Company in 1922. Three decades later, in 1954, Campbell Soup Company went public on the New York Stock Exchange.

Operating data (in $ millions) 2014*1 2013*2
Net sales $8,268 $8,052
Costs and expenses $7,076 $6,972
Earnings before interest and taxes $1,192 $1,080
Earnings from continuing operations $726 $680
Earnings (loss) from discontinued operations $81 $(231)
Net earnings attributable to Campbell Soup Company $818 $458
Balance sheet data (in $ millions)
Total assets $8,113 $8,323
Total liabilities $6,510 $7,113
Total equity $1,603 $1,210
Common share data (in $)
Basic earnings per share $2,61 $1.46
Diluted earnings per share $2.59 $1.44
Cash flow data (in $ millions)
Net cash provided by operating activities $899 $1,019
Net cash used in investing activities $(134) $(2,154)
Net cash provided by (used in) financing activities $(925) $1,236
Cash and cash equivalents balance at beginning of year $333 $335
Cash and cash equivalents balance at end of year $232 $333

*Year Ended August 3
*2 Year Ended July 28

Source: “Campbell Soup Corporation Form 10-K 2014”