CEO Douglas Conant

NEW YORK (Reuters) - Campbell Soup Co <CPB.N> reported a higher-than-expected quarterly profit on Monday, helped by prices increases, easing costs for ingredients like grains and tomatoes and efforts to cut overhead costs. The world's largest soup maker also raised its sales and profit expectations for the fiscal year, and its shares rose 2.9 percent to $35.10 in premarket trading. Campbell earned $304 million, or 87 cents a share, in the first quarter that ended November 1, up from $260 million, or 70 cents a share, a year earlier. Analysts, on average, had forecast 81 cents per share, according to Thomson Reuters I/B/E/S. Sales ... Read Full Story

Campbell Soup Co. President and Chief Executive Douglas Conant received a slight pay cut in fiscal 2009 while his company's profit shrunk amid a deep global recession, according to an analysis by The Associated Press. Conant's total compensation was $9.42 million, about 1.6 percent less than he received in fiscal 2008, documents the company filed Thursday show. His base salary rose nearly 1 percent, from $1.18 million in 2008 to $1.13 million this fiscal year, which ended Aug. 2. Conant received $226,889 in perquisites, down from $278,554 in 2008. In 2009, those benefits included about $18,000 in car expenses and about $65,000 for a ... Read Full Story

Campbell Soup Co. reports the results for its fiscal fourth quarter on Friday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: The summer period reflected in the fourth-quarter earnings report is the slow sales season for the world's largest soup maker. This time of year, most of the company's focus is on the coming soup season. Campbell has made a few big changes. Its tomato soup has been retooled with less sodium. The new product started showing up on supermarket shelves last month. It also has updated its male-oriented Chunky Soup line with more vegetables and ... Read Full Story

Campbell Soup Co. president and CEO Douglas Conant is leading the company from a hospital as he recuperates from surgery after he was injured in a motor vehicle accident. The company says the 58-year-old was riding in his vehicle's back seat when it crashed on the New Jersey Turnpike Thursday. Conant was heading from Campbell's Camden headquarters to his home in Morris County. The company says Conant broke some ribs. Citing Conant's privacy, company spokesman Anthony Sanzio would not say how else he was injured or where he is being treated. Conant underwent surgery over the weekend. Sanzio says Conant will not attend an ... Read Full Story

Campbell's Soup is now insuring funding for sex-change operations for its transgender employees. This is more good news in light of the recent and ongoing LGBT friendly advertisements by the company. Please contact Campbell's to thank them for supporting transgender employees, and for their broader support of the entire LGBT community. Send an email to the Campbell Soup Company President Douglas Conant. Campbell Soup Company 1 Campbell Place Camden NJ 08103-1701 Phone: 800-257-8443 E-Contact Form Read Full Story