Top 10 Consumer Stocks To Own Right Now

Top 10 Consumer Stocks To Own Right Now: Campbell Soup Co (CPB)

Campbell Soup Company (Campbell), incorporated on November 23, 1922, together with its subsidiaries, is a manufacturer and marketer of branded convenience food products. The Company operates in five segments: U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and North America Foodservice. In June 2012, the Company purchased 1300 Admiral Wilson Boulevard in Camden. On August 6, 2012, the Company completed the acquisition of BF Bolthouse Holdco LLC (Bolthouse Farms). In September 2012, Vilmorin & Cie SA acquired the tomato and pepper breeding and sales business of the Company. In June 2013, Campbell Soup Co completed the acquisition of Plum Organics. In August 2013, Campbell Soup Company completed the acquisition of Kelsen Group A/S.

In the United States, Canada and Latin America, the Company's products are resold to consumers in retail food chains, mass discounters, mass merchandisers, club stores, conven ience stores, drug stores, dollar stores and other retail, commercial and non-commercial establishments. In Europe, the Company's products are resold to consumers in retail food chains, mass discounters, mass merchandisers, club stores, convenience stores and other retail, commercial and non-commercial establishments. In the Asia Pacific region, the Company's products are resold to consumers through retail food chains, convenience stores and other retail, commercial and non-commercial establishments.

U.S. Simple Meals

The U.S. Simple Meals segment aggregates the operating segments: U.S. Soup and U.S. Sauces. The U.S. Soup retail business includes the products, such as Campbell's condensed and ready-to-serve soups, and Swanson broth and stocks. The U.S. Sauces retail business includes Pregopasta sauces, Pace Mexican sauces, Campbell's canne! d gravies, pasta, and beans, and Swanson canned poultry.

Global Baking and Snacking

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The Global Baking and Snacking segment include Pepperi! dge Farm cookies, crackers, bakery and frozen products in the United States retail. It also includes Arnott's biscuits in Australia and Asia Pacific.

International Simple Meals and Beverages

The International Simple Meals and Beverages segment aggregates the simple meals and beverages operating segments outside of the United States, including Europe, the retail business in Canada, and the businesses in Asia Pacific, Latin America and China. The segment's operations include Erasco and Heisse Tasse soups in Germany,Liebig and Royco soups in France, Devos Lemmens mayonnaise and cold sauces and Campbell's and Royco soups in Belgium, and Bla Band soups and sauces in Sweden. In Canada, operations include Habitant and Campbell's soups, Prego pasta sauces, Pace Mexican sauces, V8 juices and beverages and certain Pepperidge Farm products. In Asia Pacific, operations include Campbell's soup and stock, Kimball sauces, V8 juices and beverages, Prego p asta sauce and Swanson broths.

U.S. Beverages

The U.S. Beverages segment represents the United States retail beverages business, including V8 juices and beverages, and Campbell's tomato juice.

North America Foodservice

The North America Foodservice segment represents the distribution of products, such as soup, specialty entrees, beverage products, other prepared foods and Pepperidge Farm products through food service channels in the United States and Canada.

Advisors' Opinion:

• [By Jake L'Ecuyer]

  Campbell Soup Company (NYSE: CPB) shares tumbled 3.44 percent to $43.57 after the company reported a rise in its fiscal third-quarter earnings and cut its FY14 forecast.

• [By WWW.DAILYFINANCE.COM]

  Justin Sullivan/Getty Images Campbell Soup (CPB), the world's l! argest so! up maker, cut its full-year sales forecast after posting weaker-than-expected quarterly sales as increased promotions failed to boost its U.S. soup division. Shares of Campbell, which also makes Prego pasta sauces and Pepperidge Farm cookies, fell 5.4 percent in premarket trading. The company said it expects sales from continuing operations to increase about 3 percent in fiscal 2014 ending July, compared with the previous forecast of a 4 to 5 percent rise. Campbell has been facing stiff competition from private-label brands and smaller rivals and has had trouble attracting younger, more health-conscious consumers to its canned soup products. The company launched eight new soups in January, including its first Latin-inspired cooking soups, and new varieties in its Healthy Request line. However, Campbell said Monday it was disappointed that its plans did not drive stronger soup sales in the third quarter ended April 27. "Despite an increase in the frequency of our promotional activity in the third quarter, we did not realize the anticipated lifts in a challenging consumer environment." Chief Executive Officer Denise Morrison said in a statement. Campbell didn't give a figure for U.S. soup sales for the quarter, but said sales "held steady" after growing 14 percent in the same quarter a year earlier. The company said it expects full-year adjusted earnings to be at the low end of its forecast of $2.53 to $2.58 a share. Analysts on average expect a profit of $2.53 a share, according to Thomson Reuters I/B/E/S. Net income attributable to Campbell rose 1.7 percent to $184 million, or 58 cents a share, in the third quarter. Excluding items, the company earned 62 cents a share. Net sales grew 0.4 percent to $1.97 billion. Analysts on average were expecting a profit of 59 cents a share on revenue of $2 billion. The company's shares had risen about 4 percent so far this year to Frida

• [By Sue Chang]

  Campbell Soup (CPB) !  is fo! recast to post third-quarter earnings of 59 cents a share. Analysts at Deutsche Bank on Thursday lowered the stock's price target to $41 from $42 due to a tough market environment and weakness in certain categories.

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