CAMPBELL'S Co

The Campbell's Company (NYSE: CPB) operates as a manufacturer and marketer of high-quality branded food and beverage products with heritage tracing back to 1869. The company maintains its primary corporate website at www.thecampbellscompany.com and employs approximately 13,700 full-time and part-time employees as of August 2025.

Campbell's operates through two reportable segments: Meals & Beverages and Snacks. The Meals & Beverages segment encompasses soup, simple meals, and beverages products sold in retail and foodservice channels across the U.S. and Canada, including Campbell's condensed and ready-to-serve soups, Swanson broth and stocks, Pacific Foods products, Prego pasta sauces, Pace Mexican sauces, V8 juices, and Rao's premium pasta sauces and frozen entrées acquired through the March 2024 acquisition of Sovos Brands for $2.899 billion. The Snacks segment consists of Pepperidge Farm cookies and crackers, Goldfish crackers, Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, and Late July snacks, primarily sold in U.S. retail markets and Latin America.

The company owns over 3,000 trademark registrations across more than 150 countries, with principal brands including Campbell's, Chunky, Goldfish, Kettle Brand, Lance, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao's, Snyder's of Hanover, and V8. These leadership brands represent the core of Campbell's market position and consumer recognition.

Campbell's maintains a diversified customer base with its five largest customers accounting for a significant portion of consolidated net sales, with Walmart and affiliates representing the largest customer relationship. The company operates manufacturing facilities and distribution networks across North America, with capital expenditures of $426 million in 2025 focused on network optimization, information technology, and wastewater treatment initiatives.

Recent strategic actions include the May 2023 sale of Emerald nuts, the August 2024 divestiture of Pop Secret popcorn, and the February 2025 sale of noosa yogurt, reflecting portfolio optimization efforts. The company maintains substantial indebtedness of approximately $6.857 billion as of August 2025, primarily resulting from the Sovos Brands acquisition and ongoing capital structure management.