|Bid||40.81 x 1200|
|Ask||40.85 x 1100|
|Day's Range||40.32 - 40.97|
|52 Week Range||40.05 - 53.77|
|Beta (5Y Monthly)||0.54|
|PE Ratio (TTM)||12.45|
|Earnings Date||Dec. 07, 2021 - Dec. 13, 2021|
|Forward Dividend & Yield||1.48 (3.62%)|
|Ex-Dividend Date||Oct. 06, 2021|
|1y Target Est||45.91|
CAMDEN, N.J., October 19, 2021--Campbell Soup Company (NYSE: CPB) today announced the launch of Full Futures, a program to foster a school nutrition environment that ensures all students are well-nourished and ready to thrive at school and in life. Campbell plans to invest $5 million over the next five years and is joined by a number of non-profit and corporate partners.
Your grandparents ate it, your grandchildren will too -- but coming down from a pandemic surge in sales, Campbell Soup (NYSE: CPB), has gotten a little too cold for investors. Consumers loaded their cupboards with soup during amid lockdowns, and now that more of them are vaccinated, they're buying fewer Campbell products. The company recently reported an 11% decline in sales for the fourth quarter and projected essentially no growth for its fiscal 2022 performance.
Yahoo Finance editor-at-large Brian Sozzi breaks down a recent note from Sundial Capital Research which gets into how concerns over commodities inflation and slowing consumption by shoppers has led to consumer staples stocks really being out of favor among investors.