CAMPBELL SOUP COMPANY

(NYSE: CPB)
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44.77 Up +0.17 +0.38%
COMPANY ADDRESS
CAMPBELL SOUP COMPANY
1 Campbell Place
Camden, NJ 08103-1799
USA - Map
Phone: +1 856 342-4800
Fax: +1 856 342-3878
Website
COMPANY INFORMATION
Exchange: New York Stock Exchange
Stock: Campbell Soup Co
Industry: Packaged Foods
Employees: 20,000
DESCRIPTION
Campbell Soup Co was organized as a business corporation under the laws of New Jersey on November 23, 1922. The Company is a manufacturer and marketer of branded convenience food products. Its segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and Bolthouse and Foodservice. The company has 13 operating segments based on product type and geographic location and has aggregated the operating segments into the appropriate reportable segment based on similar economic characteristics; products; production processes; types or classes of customers; distribution methods; and regulatory environment. The U.S. Simple Meals segment aggregates the following operating segments: U.S. Soup and U.S. Sauces. The U.S. Soup retail business includes the following products: Campbell’s condensed and ready-to-serve soups; and Swanson broth and stocks. The U.S. Sauces retail business includes the following products: Prego pasta sauces; Pace Mexican sauces; Campbell’s canned gravies, pasta, and beans; Swanson canned poultry; and as of June 13, 2013,Plum Organics foods and snacks. The Global Baking and Snacking segment aggregates the following operating segments: Pepperidge Farm cookies, crackers, bakery and frozen products in U.S. retail; and Arnott’s biscuits in Australia and Asia Pacific. The International Simple Meals and Beverages segment aggregates the simple meals and beverages operating segments outside of the U.S., including the retail business in Canada and the businesses in Asia Pacific, Latin America and China. In Canada, the segment’s operations include Habitant and Campbell’s soups, Prego pasta sauces, Pace Mexican sauces, V8 juices and beverages and certain Pepperidge Farm products. In Asia Pacific, the segment's operations include Campbell’s soup and stock, Kimball sauces, V8 juices and beverages, Prego pasta sauce and Swanson broths. As previously discussed, on August 12, 2013, the company announced that it is in final and exclusive negotiations for the potential sale of its simple meal brands in Europe. The European simple meal business was historically included in this segment. Bolthouse and Foodservice comprises the Bolthouse Farms carrot products operating segment, including fresh carrots, juice concentrate and fiber; the Bolthouse Farms super-premium refrigerated beverages and refrigerated salad dressings operating segment; and the North America Foodservice operating segment. The North America Foodservice operating segment represents the distribution of products such as soup, specialty entrées, beverage products, other prepared foods and Pepperidge Farm products through various food service channels in the U.S. and Canada. The ingredient and packaging materials required for the manufacture of the company’s food products are purchased from various suppliers. The Company experiences worldwide competition in all of its principal products.
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Financial data in US dollars | Page generated 9:29 PM ET
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