The Campbell Soup Company (CPB, Financial) is an American producer of canned soups and related products. Campbell's products are sold in 120 countries around the world. Campbell's divides itself into three divisions and its diversified revenue stream is a big plus for long and short-term investors. The company’s success is evident by its quarterly report.
In Q3 FY15, Campbell soup reported earnings per share of $0.62, beating the analyst estimate of $0.52. Revenue for the quarter was stated $1.9 million, narrowly missing the consensus estimate of $1.94 million.
Awareness of Heart Health
Currently, heart disease is the main cause of death in American women, and according to the American Heart Association, a healthy diet and lifestyle is the best way to dodge heart diseases. Campbell Soup Company together with the registered dietitian Ellie Krieger has joined forces to empower women to hold a heart-healthy lifestyle.
The company provides a range of delicious and easy-to-cook heart-healthy products and recipes and with the assistance of Ellie Krieger, will deliver women with necessary instructions and tools to boost start or sustain their journey to a healthy heart.
Campbell, in partnership with the American Heart Association and the Go Red for Women movement, is dyed-in-the-wool to women’s health with a collection of products and recipes highlighting the American Heart Association Heart-Check mark. This year Campbell is toting a new product to its collection of nearly 230 heart-healthy products, new Healthy Request Mexican-Style Chicken Tortilla soup.
Products for a Heart-Healthy Lifestyle
The company is committed to helping women care for their hearts by offering a diverse collection of heart-healthy products that poise great taste with nutritional value, counting new Campbell’s Healthy Request Mexican-Style Chicken Tortilla soup. The company proposes approximately 80 choices that meet the standards for and feature the American Heart Association Heart-Check mark, such as:
- Healthy Request soups
- Prego Heart Smart pasta sauces
- Pepperidge Farm whole-grain breads
- Swanson premium chunk chicken
- V8 Low Sodium Regular beverages
- V8 V-Fusion beverages
New Solar Array at Pepperidge Farm Bakery
Campbell Soup Company, in partnership with BNB Renewable Energy Holdings and SunPower Corp, has started a 1-megawatt solar array at its Pepperidge Farm bakery in Bloomfield. It will generate the equivalent of 15% of the bakery’s annual energy demand.
The ground-mounted, fixed-tilt array comprises 2,720 high-efficiency SunPower solar panels and expanded on five acres of land rented from Pepperidge Farm. In its first year, the company expects that the array will produce more than 1.7MM kilowatt-hours of electricity.
The solar array in Bloomfield is the second largest to be installed at facilities held by Campbell, Pepperidge Farm’s parent company, and it is one of the very few solar arrays functioning at manufacturing sites in the industry. The Bloomfield array is the most recent step in the company’s sustainability plan to support the use of renewable energy. By 2020, the company targets to cut energy use by 35% per ton of product manufactured and source at least 40% of the energy used by the company from renewable or different energy sources.
Conclusion
Campbell Soup’s performance has been impressive in 2015 and I expect the company to continue moving higher. The company has various growth drivers and is still trading at an attractive valuation. Given the positives, I think Campbell is likely to move higher and is a great buy.
