CEO Douglas Conant

NEW YORK (Reuters) - Campbell Soup Co <CPB.N> reported higher-than-expected quarterly results on Friday as it spent less to promote its long-struggling U.S. soup business.To turn around the unit's performance, Chief Executive Officer Denise Morrison put more money into advertising instead of promotional discounts. The strategy boosted earnings, but led to a 9 percent decline in U.S. soup sales as some customers apparently switched to cheaper brands.Fiscal 2012, which began on August 1, will be "a...Read Full Story

Campbell Soup Co. CEO Douglas Conant will step down at the end of the fiscal year on July 31 next year after a decade leading the world's top soup maker, the company said Tuesday.Denise Morrison will succeed the 59-year-old when he leaves the company. The board elected her as chief operating office effective on Friday. Morrison has served as president of the company's North America Soup, Sauces and Beverages unit since October 2007.Conant had been CEO and president since January 2001."The...Read Full Story

(Reuters) - Campbell Soup Co <CPB.N>, the world's largest soup maker, reported a higher-than-expected quarterly profit, helped by a fall in advertising and promotion expenses, and the company stood by its forecast for the fiscal year.For the first quarter ended October 30, net earnings attributable to Campbell Soup were $265 million, down from $279 million a year earlier. Per share earnings were unchanged at 82 cents due to a decline in outstanding shares.Sales fell 1 percent to $2.16 billion...Read Full Story

Campbell Soup Co., the world's largest soup maker, reports its fourth-quarter and year-end results before the market opens Friday.WHAT TO WATCH FOR: The big issue for Campbell is almost always how well its condensed soups, which are the company's most famous product and one that delivers high profit margins, are doing.The products have had a bumpy run. Through much of 2009, the problem was high inflation for ingredients. Expenses have stabilized, but all the condensed soup woes aren't over...Read Full Story

Pepperidge  Farm  a popular brand in America  for  bakery products  such as  bread ( Raisin Cinnamon swirl) , crackers( Gold fish )  and cookies ( Milano ) . Competition  to Pepperidge  Farm  Inc  comes from  Kraft , Bimbo , Sara Lee , IBC  .A  Report This month, Campbell Soup Co. is commemorating 50 years of owning Pepperidge Farm Inc., the baking company still based in Norwalk, Conn., where it was founded in 1937.That history makes Pepperidge Farm an anomaly for Camden-based Campbell, which...Read Full Story

An Associated Press calculation shows Campbell Soup Co.'s CEO received 12.5 percent less compensation this year than last.Douglas Conant's received $10.1 million in the fiscal year that ended Aug. 1, down from $11.59 million in fiscal 2009.The world's largest soup maker announced late last month that Conant will step down in July after a decade as CEO. He was brought on to rebuild the company and stabilize soup sales, which have softened again recently as people switch to store brands to save...Read Full Story

SunHerald.comCampbell CEO Conant to DepartWall Street JournalCampbell Soup Co. said its chief executive of nearly 10 years, Douglas R. Conant, would be stepping down next summer, and the prepared-food giant promoted a North American soup executive to operating chief as part of a planned ...Campbell Soup Says CEO Conant to Step Down in JulyBloombergUPDATE 1-Campbell CEO Conant to step downReutersCampbell CEO Douglas Conant to step down in JulyThe Associated PressMarketWatch -The Associated...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...Read Full Story

Campbell Soup Co., the world's largest soup maker, reports its third-quarter results before the stock market opens Monday.WHAT TO WATCH FOR: Last quarter, the Camden, N.J.-based company said it promoted its relaunched Chunky soup too late and too timidly last year and sales of the line struggled as a result.Now, a question analysts will have is whether the company has steered the brand right since, including the quarter that covers much of the cold-weather soup-eating season.Another issue is...Read Full Story

The Campbell Soup Co. says it made a profit of $113 million, or 33 cents per share during the fourth quarter, when the temperature rises and its soup sales traditionally drop.Sales did fall by 1 percent, but improved margins helped Campbell top Wall Street's profit expectations.Net income rose 63 percent compared with the same period last year. Excluding one-time items from 2009, including a charge for nontangible assets, profit rose 7 percent.Sales for the quarter were $1.52 billion, down 1...Read Full Story