The Campbell's Company (CPB)

Over the past 150-plus years, Campbell's has evolved into a leading domestic packaged food manufacturer, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2025 (July year-end), snacks accounted for 43% of its revenue, followed by soup (27%), other simple meals (23%), and beverages (7%). Beyond its namesake, its brands include Pepperidge Farm, Goldfish, Snyder’s of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and, most recently, Rao’s (a deal that closed in 2024). Around 90% of its revenue results from the US and the remainder from Canada and Latin America.

The Campbell's Company, based in Camden, New Jersey, manufactures and markets consumer food products. Campbell operates two segments: Snacks and Meals & Beverages. The company's brands include Pepperidge Farm, Snyder's, Prego, Swanson, V8, Kettle, Cape Cod, and Spaghettios. The company has approximately 13,700 employees. The shares are a component of the S&P 500.

The whiplash from the war-related remains in full force. The major stock indices fell between 1% and 2.4% on Thursday as gloom prevailed. But at the end of the day, President Trump announced he had, again, extended the deadline for additional military action, this time until April 6. Still, stocks have headed south more than they have headed north of late, and the technical condition of the market is weakening. The S&P 500 (SPX) has fallen below its 13-, 26-, and 40-week exponential moving averages (EMAs) for the first time since March of 2025 and the 13-week EMA is close to a bearish cross of the 26-week. The two shorter averages have rolled over and are heading lower, while the longer average has flattened. A technical sell signal would occur if the 13-week falls below both the 26- and 40-week EMAs and the 26-week declines below the 40-week EMA.

Over the past 150-plus years, Campbell's has evolved into a leading domestic packaged food manufacturer, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2025 (July year-end), snacks accounted for 43% of its revenue, followed by soup (27%), other simple meals (23%), and beverages (7%). Beyond its namesake, its brands include Pepperidge Farm, Goldfish, Snyder’s of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and, most recently, Rao’s (a deal that closed in 2024). Around 90% of its revenue results from the US and the remainder from Canada and Latin America.