CPB on Nasdaq

Campbell's

Logo: Campbell's, Public domain, via Wikimedia Commons5

American soup manufacturer

The Campbell's Company (formerly the Campbell Soup Company) is an American company, most closely associated with its flagship canned soup products. The classic red-and-white can design used by many Campbell's branded products has become an American icon, thanks in part to its use in American pop art.3 From Wikipedia, CC BY-SA 4.0

$19.93 up 0.83 (4.37%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 16, 2026.

Overview

$9.7BRevenue, fiscal 20266
$403.0MNet income, fiscal 20266
1869Founded1

Compare with Conagra Brands, Inc., Flowers Foods or Mondelez International, or pick any stock.

  • TickerCPB on Nasdaq1
  • Industryfood industry1
  • HeadquartersCamden1
  • Founded inCamden1
  • Websitewww.campbells.com
  • Incorporated inNJ7
  • Business addressCampbell Pl, Camden, Nj 081037
  • Filer categoryLarge accelerated filer7
Campbells
Photo: CC BY-SA 3.0, via Wikimedia Commons9

The Campbell's Company (formerly the Campbell Soup Company) is an American company, most closely associated with its flagship canned soup products. The classic red-and-white can design used by many Campbell's branded products has become an American icon, thanks in part to its use in American pop art.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

8.7%Operating margin6
4.1%Net margin6
-5.0%Revenue growth, 20266
10.5%Return on equity6
$678.0MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Baked Snacks brought in 43% of the revenue Campbell's broke down this way in fiscal 2026.

  1. Baked Snacks$4.2B643%down 6% from 2025
  2. Soups$2.7B627%down 4% from 2025
  3. Simple Meals$2.2B623%down 4% from 2025
  4. Beverages$682.0M67%down 5% from 2025
Products and services by year
Products and services202420252026
Baked Snacks$4.6B$4.4B$4.2B
Soups$2.7B$2.8B$2.7B
Simple Meals$1.6B$2.3B$2.2B
Beverages$712.0M$721.0M$682.0M

Business segments

Meals & Beverages brought in 61% of the revenue Campbell's broke down this way in fiscal 2026.

  1. Meals & Beverages$5.9B661%down 4% from 2025
  2. Snacks$3.8B639%down 6% from 2025
Business segments by year
Business segments202420252026
Meals & Beverages$5.4B$6.2B$5.9B
Snacks$4.3B$4.1B$3.8B

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue72¢$7.0B
  • Other costs19¢$1.9B
  • Interest3¢$331.0M
  • Income tax1¢$124.0M
  • Profit4¢$403.0M

Out of $9.7B in revenue.6

Where each dollar of operating cash went, fiscal 2026

  • Capital spending35¢$361.0M
  • Dividends paid45¢$470.0M
  • Share buybacks3¢$26.0M
  • Kept or used elsewhere18¢$182.0M

Out of $1.0B of cash from operations.6

Financial statements

Revenue10111213146$9.7B in 2026+20% since 2019
0$5.0B$10.0B$15.0B2019: $8.1B$8.1B20192020: $8.7B$8.7B2020+7%2021: $8.5B$8.5B2021−2%2022: $8.6B$8.6B2022+1%2023: $9.4B$9.4B2023+9%2024: $9.6B$9.6B2024+3%2025: $10.3B$10.3B2025+6%2026: $9.7B$9.7B2026−5%
Operating income10111213146$852.0M in 2026−13% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $979.0M$979.0M20192020: $1.1B$1.1B2020+13%2021: $1.5B$1.5B2021+40%2022: $1.2B$1.2B2022−25%2023: $1.3B$1.3B2023+13%2024: $1.0B$1.0B2024−24%2025: $1.1B$1.1B2025+12%2026: $852.0M$852.0M2026−24%
Net income10111213146$403.0M in 2026+91% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $211.0M$211.0M20192020: $1.6B$1.6B2020+672%2021: $1.0B$1.0B2021−38%2022: $757.0M$757.0M2022−24%2023: $858.0M$858.0M2023+13%2024: $567.0M$567.0M2024−34%2025: $602.0M$602.0M2025+6%2026: $403.0M$403.0M2026−33%

Every line of the income statement in the latest annual report, as filed.6

Period ending2026-07-312025-07-312024-07-31
Net sales$9.7B$10.3B$9.6B
Cost of products sold$7.0B$7.1B$6.7B
Marketing and selling expenses$907.0M$924.0M$833.0M
Administrative expenses$646.0M$674.0M$737.0M
Research and development expenses$99.0M$100.0M$102.0M
Other expenses / (income)$171.0M$273.0M$261.0M
Restructuring charges$67.0M$24.0M$38.0M
Total costs and expenses$8.9B$9.1B$8.6B
Earnings before interest and taxes$852.0M$1.1B$1.0B
Interest expense$331.0M$345.0M$249.0M
Interest income$8.0M$17.0M$6.0M
Earnings before taxes$529.0M$796.0M$757.0M
Taxes on earnings$124.0M$194.0M$190.0M
Net earnings$405.0M$602.0M$567.0M
Less: Net earnings (loss) attributable to noncontrolling interests$2.0M$0$0
Net earnings attributable to The Campbell's Company$403.0M$602.0M$567.0M
Net earnings attributable to The Campbell's Company common shareholders - Basic$1.34$2.02$1.90
Weighted average shares outstanding - basic298.0M shares298.0M shares298.0M shares
Net earnings attributable to The Campbell's Company common shareholders - Diluted$1.31$2.01$1.89
Weighted average shares outstanding - assuming dilution300.0M shares300.0M shares300.0M shares

Compare Campbell's with another company

The story

Founded by Joseph A. Campbell in 1869, in Camden.1

History

Foundation and early history

The company was started in 1869 by Joseph A. Campbell, a fruit merchant from Bridgeton, New Jersey, and Abraham Anderson, an icebox manufacturer from South Jersey. They produced canned tomatoes, vegetables, jellies, soups, condiments, and minced meats.

In 1876, Anderson left the partnership and the company became the "Joseph A. Campbell Preserve Company". Anderson's son, Campbell Speelman, split paths with his father and continued to work at Campbell's as a creative director, originally designing the Campbell's soup cans.

In 1894, Campbell retired and Arthur Dorrance became the company president. Campbell reorganized into "Joseph Campbell & Co." in 1896. In 1897, John T. Dorrance, a nephew of company president Dorrance, began working for the company at a wage of $7.50 a week ($253 in 2022 dollars). Dorrance, a chemist with degrees from MIT and Göttingen University, Germany, developed a commercially viable method for condensing soup by halving the quantity of its heaviest ingredient: water. He went on to become president of the company from 1914 to 1930, eventually buying out the Campbell family.

In 1898, Herberton Williams, a Campbell's executive, convinced the company to adopt a carnelian red and bright white color scheme, because he was taken by the crisp carnelian red color of the Cornell University football team's uniforms. To this day, the layout of the can, with its red and white design and the metallic bronze medal seal from the 1900 Paris Exhibition, has changed very little, excepting the phrase atop the bronze seal, where the French-language "Exposition-Universelle-Internationale" was replaced with English-language "Paris International Exposition" in 1994.

Growth under new leadership

Campbell Soup became one of the largest food companies in the world under the leadership of William Beverly Murphy. He was elected executive vice president of Campbell Soup in 1949 and was president and CEO from 1953 to 1972. While at Campbell's Soup Company, he took the corporation public and increased its brand portfolio to include Pepperidge Farm's breads, cookies, and crackers, Franco-American's gravies and pastas, V8 vegetable juices, Swanson broths, and Godiva's chocolates. During the 1970s and 1980s, Campbell's entered the restaurant business by acquiring Pietro's Pizza, Annabelle's, Clark, and Herfy's and launching Hanover Trail and H.T. McDoogal's. David Johnson was president and CEO from 1990 until 1997.

Campbell Soup has invested heavily in advertising since its inception, and many artifacts of its promotional campaigns have proven valuable in the Americana collectible advertising market. Perhaps best known are the "Campbell's Kids" designed by illustrator Grace Drayton. Among its Hollywood endorsers soon after Campbell’s acquisition were John Payne, Rhonda Fleming, and Ronald Reagan.

In addition to collectible advertising, the company has had notable commercial sponsorships. Among them was Orson Welles's The Campbell Playhouse, which had previously been The Mercury Theatre on the Air. After the program's adaptation of The War of the Worlds became a sensation for allegedly starting a mass panic due to its realism, Campbell's took over as sponsor of the radio theater program in December 1938.

Shutdown of factories

The shutdown of Campbell's original plant in Camden, New Jersey, plant No. 1, was announced in 1989, with production to end on the night of March 1, 1991; the plant was officially closed the next day, and was demolished on November 1, 1991. Plants in Pocomoke City, Maryland; Crisfield, Maryland; and Smyrna, Tennessee also shut down around that time.

Read the full text

Plant No. 2, originally a tomato-processing plant, shut down in 1980. In the 1950s it had manufactured about 35% of all Campbell's products. Products included pork and beans; tomato juice, V8 vegetable juice, Franco-American spaghetti, macaroni and cheese; and soups (notably: bean with bacon, cream of mushroom, cream of celery, and cream of asparagus.

Due to these closures 2,800 jobs were lost, around 1,000 of those from the Camden plant. Workers received one week's payment for each year of employment as well as six months of paid medical benefits, and half the cost for an additional six months. Salaried workers received one week's pay for each year of employment. Production was moved to plants in Napoleon, Ohio; Paris, Texas; and Maxton, North Carolina.

Recent history

In November 2007, Campbell's Soup sold Godiva to Yildiz Holding.

In March 2008, Campbell's Soup was rebranded as Batchelors Condensed Soup in the UK and Erin in Ireland when the license to use the brand name in those countries expired. Premier Foods, headquartered in St. Albans, Hertfordshire, bought the Campbell Soup Company in the UK and Ireland for £450 million ($830 million) in 2006 but was licensed to use the Campbell name only until 2008. Under this agreement, the US-based Campbell Soup Company continued to produce Campbell's Condensed Soup but could not sell the product in the UK for a further five years.

Campbell's continues to be a major part of Camden, regularly participating in charity events in the community. In 2009, Campbell's completed the construction of a new and expanded headquarters in the city.

In January 2010, Campbell's Canadian subsidiary began selling a line of soups that are certified by the Islamic Society of North America as being halal (prepared in accordance with Islamic law). Although Campbell does not have any plans to sell its halal soups in the United States, the move drew criticism from anti-Muslim critics in the United States. Several bloggers called for a boycott of the company, but Campbell's spokesman John Faulkner stated at the time that the company did not notice any effect on its sales as a result.

In July 2011, Campbell's Soup decided to once again sell its product in the UK. Symingtons began manufacturing the brand under license. The new lineup consisted of twelve cup soups, five simmer soups designed to be cooked in a pot of water, four savory rice lines as well as four savory pasta and sauce packets. The items were not sold in cans but instead in packets and boxes. Later in 2011, the canned varieties also returned to supermarket shelves with refreshed labels and new lines.

In 2012, Campbell announced plans to buy Bolthouse Farms, a maker of juices, salad dressings, and baby carrots, for $1.55 billion. Analysts said it was an attempt to reach younger, more affluent consumers.

Since 2012, Campbell Soup has been focused on updating their image and digital marketing to increase visibility among younger generations.

In June 2013, Campbell acquired the Danish multinational baked goods company Kelsen Group for an undisclosed amount. Kelsen has an 85-country distribution network and is seen as providing Campbell with opportunities for international expansion, particularly into China and other Asian markets.

In June 2015, Campbell Soup acquired salsa maker Garden Fresh Gourmet for $231 million as it looked to expand into the fresh and organic packaged foods business.

In January 2016, Campbell's announced that it would source 100% cage-free eggs by 2025.

In December 2017, Campbell's completed the acquisition of Pacific Foods of Oregon, LLC for $700 million and announced the agreement to acquire the snack company Snyder's-Lance for $4.87 billion in cash. The latter deal is the largest in the company's history.

In January 2018, Campbell's announced the closure of their only Canadian factory, in Toronto. Production shifted to three existing facilities in the United States, and 380 jobs were lost as a result.

Denise Morrison served as the company's president and CEO from 2011 through 2018.

On December 21, 2018, Mark Clouse, former CEO of Pinnacle Foods, was announced as Campbell's CEO effective January 22, 2019.

Having sold over $450 million a year worth of Chunky Soup from 2004 to 2017, Campbell's asked for a trademark on "Chunky", which was approved in 2019.

In July 2019, Campbell's agreed to sell its stake in the Kelsen Group for $300 million to a subsidiary of Ferrero SpA, with the transfer to be completed in 2020. Campbell's also divested Arnott's Biscuits to KKR for $2.2 billion at the same time.

In August 2023, it was announced that Campbell's had acquired the Louisville, Colorado-headquartered food manufacturer Sovos Brands for $2.7 billion.

On August 1, 2024, Campbell's announced that it will transfer its stock listing from the NYSE to the Nasdaq Global Select Market starting on August 16 at the market close. Trading on Nasdaq began on August 19, 2024.

On August 26, 2024, Campbell's announced it completed the sale of its Pop Secret popcorn business to Our Home, an independent snack company. Terms of the transaction were not disclosed.

On September 11, 2024, Campbell's announced a name change to The Campbell's Company. The change was approved on November 19, 2024. President and CEO Mark Clouse retired from his position to be named the team president of the NFL's Washington Commanders, with Mick Beekhuizen succeeding him on February 1, 2025.

In September 2025, Campbell's admitted to multiple violations of the Clean Water Act. Campbell's Napoleon, Ohio canning plant dumped millions of gallons of waste into the Maumee River, which feeds Lake Erie, over a six and a half year period.

In November 2025, a lawsuit was filed by Robert Garza, a former cybersecurity analyst for the company. The suit alleges Garza was fired after complaining about racist comments by an executive, Martin Bally, made during a meeting in November 2024. In an alleged recording of the meeting which was released to the media by Garza, an individual Garza claims is Bally states in an expletive-filled rant that Campbell's makes food for poor people and that they themselves don't want to eat it because the meat is bio-engineered and "came from a 3-D printer". Later that same month, Bally was dismissed by the company.

2010

On June 22, 2010, Campbell's "SpaghettiOs and Meatballs" product was recalled after a Texas firm found possible traces of under processed meat in the product.

2017

On April 22, 2017, 4,185 pounds of Campbell's Homestyle Healthy Request Chicken with Whole Grain Pasta due to failure to declare an allergen (milk) on the label.

From Wikipedia’s article on Campbell's, shared under CC BY-SA 4.0.8

Leadership

Who has led Campbell's, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (88)

Products and brands

Brands

Campbell's owns numerous brands that it markets worldwide. Among these are the following:

Campbell's

The company's flagship brand and the Campbell's name is used to market soups, sauces, and canned meals. Product lines under the brand include:

Pepperidge Farm

An American baked-goods company founded in 1937, it was acquired by Campbell's in 1961. The Pepperidge Farm brand is used by Campbell's to market the following:

Pace Foods

An American salsa company founded in 1947, Pace was acquired by Campbell's in 1995. The Pace brand is used by Campbell's to market salsas and picante sauce.

Read the full text

Swanson

Broth

TV dinners and frozen meals (made by Pinnacle Foods under license)

Canned chicken

Prego

Pasta sauces

Snyder's-Lance

Lance crackers and cookies

Snyder's of Hanover pretzels

Cape Cod Potato Chips

Kettle potato chips

Snack Factory pretzel chips

Archway Cookies

Late July Snacks

Late July Snacks is a subsidiary of the Campbell Soup Company, acquired in the Snyder's-Lance acquisition in early 2018. Snyder's-Lance had boosted their ownership stake in Late July Snacks to 80% in 2014.

Rao's Homemade

Rao's Homemade line of pasta sauces was purchased by Campbell as part of its acquisition of Sovos Brands in 2023.

Plants

United States

Camden, New Jersey: world headquarters, non-manufacturing

Maxton, North Carolina: opened 1978

Napoleon, Ohio

Ashland, Ohio: Archway Cookies bakery, acquired through the Snyder's-Lance purchase

Willard, Ohio

Paris, Texas

Milwaukee, Wisconsin

Everett, Washington

West Sacramento, California

Tualatin, Oregon

East Rancho Dominguez, California

Dixon, California

Rancho Cucamonga, California

Hyannis, Massachusetts: Cape Cod Potato Chips

International

Toronto: Opened 1930 in New Toronto, Ontario (closure announced in 2018)

Lemnos, Victoria, Australia

Lübeck, Germany Sold in 2013 to CVC Capital Partners and converted into Continental Foods BVBA.

Selangor state, Malaysia

King's Lynn, United Kingdom: Opened 1959, closed 2007. Site demolished 2012.

Bekasi, Indonesia (as PT. Arnotts Indonesia) until 2019 at which point Campbell Soup Company sold it to KKR

Ribe, Denmark until 2013 at which point Campbell Soup left the European market

Nørre Snede, Denmark until 2013 at which point Campbell Soup left the European market

From Wikipedia’s article on Campbell's, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

Also owns

  • Pace Foods since 1995

From Wikidata.1

Acquisitions

  1. 1997Acquired Arnott's Biscuits1
  2. 1995Acquired Pace Foods1

Former names

  • CAMPBELL SOUP CODec 14, 1994 to Nov 12, 20247

Timeline

  1. Feb 3, 2025New chief executive Mick J. Beekhuizen becomes CEO19
  2. Jan 24, 2019New chief executive Mark A. Clouse becomes CEO20
  3. May 22, 2018New chief executive Keith R. McLoughlin becomes CEO21
  4. Oct 4, 2011New chief executive Denise Morrison becomes CEO1
  5. Oct 17, 2003New chief executive Douglas R. Conant becomes CEO23
  6. 1869Founded Founded in Camden1

Recent filings

  1. Oct 13, 20264/A
  2. Oct 13, 20264/A
  3. Oct 7, 2026DEF 14A
  4. Oct 7, 2026ARS ANNUAL REPORT TO SECURITY HOLDERS
  5. Oct 5, 20264
  6. Oct 5, 20264
  7. Oct 5, 20264
  8. Oct 5, 20264
  9. Oct 5, 20264
  10. Oct 5, 20264
  11. Oct 5, 20264
  12. Oct 5, 20264
  13. Oct 5, 20264
  14. Oct 5, 20264
  15. Oct 5, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
    Yahoo FinanceCPB quote
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81
  82. 82
  83. 83
  84. 84
  85. 85
  86. 86
  87. 87
  88. 88
  89. 89
  90. 90
  91. 91
  92. 92
  93. 93
  94. 94
  95. 95
  96. 96
  97. 97
  98. 98
  99. 99
  100. 100
  101. 101
  102. 102
  103. 103
  104. 104
  105. 105
  106. 106
  107. 107
  108. 108
  109. 109
  110. 110
  111. 111
  112. 112
  113. 113
  114. 114
  115. 115