Soup

Campbell Soup Sales Slip in Q2, Impacted by Fresh Foods

20 Feb 2017 ---- Campbell Soup has reported lower-than-expected quarterly sales, hurt by weak demand for its beverages, broth and condensed soups, sending its shares down by 8 percent. The fall was Campbell's biggest percentage loss in over eight years, after the soupmaker also said it did not expect sales to rise in its C-Fresh unit in fiscal 2017.

Hain Celestial Expands into Premium Soup Offerings, Acquires Yorkshire Provender

17 Feb 2017 --- The Hain Celestial Group have announced that one of its wholly-owned subsidiaries has entered into a definitive agreement to purchase The Yorkshire Provender Limited, which is subject to formal clearance from the Competition and Markets Authority in the United Kingdom.  

Campbell’s Soup Fourth Quarter Losses Largely Down to Disappointing Fresh Division Business

02 Sep 2016 --- Campbell’s Soup has reported losses and with “disappointing” results from the fresh division Campbell Fresh suffering the worst as operating profits fell by 62 percent. The US iconic soup giant has released its financial information for the fourth-quarter and full year. Earnings fell by two percent to US$235 million in the company’s fourth quarter. 

Kellogg Mimics Unilever and General Mills and Sets Up Fund to Find Tomorrow’s Star Companies

21 Jun 2016 –-- Kellogg is following the likes of General Mills and Unilever by launching an investment fund which will invest around $100m in start-ups, in the hope of identifying the Chobani of tomorrow.

Campbell Soup “Unsatisfied” With Quarterly Results and Wants to Bring More “Excitement” to Portfolio

23 May 2016 --- Campbell Soup said it was "unsatisfied" with its third quarter results, citing below par US soup sales, "challenges" for its vegetable juice brand, and a disruption to its carrot supply, as undermining its performance.

Del Monte Follows Campbell Soup and Switches to Non-BPA Packaging

30 Mar 2016 --- Del Monte is to follow Campbell Soup and other food companies and switch to non-BPA packaging. The US canned food giant said it was shifting away from BPA packaging in response to customer demand.

Campbell Sets Mid 2017 Target to Ditch BPA Linings in North America

29 Mar 2016 --- Campbell Soup has set a target of mid- 2017 to switch to selling cans that do not use the chemical bisphenol A (BPA) linings in the US and Canada. Campbell first disclosed that it was intending to shift away in 2012 from BPA linings, which is used to strengthen plastic and protects food from contacting metal, saying it was responding to customer concern.

2 Sisters Invests $84 Million to Drive Growth in Meal Solutions Division

24 Sep 2015 --- 2 Sisters Food Group (‘2 Sisters’), one of the UK’s largest food producers, has announced that it is investing £55 million (US$84 million) in its Meal Solutions Division to support further growth, create state of the art manufacturing facilities and secure jobs. 2 Sisters’ Meal Solutions produces a range of products including ready meals, soups and sauces. 

AHA, Campbell Soup Accused of Duping Consumers With Heart Certification

19 Aug 2013 --- Campbell soups that are certified by the American Heart Association (AHA) are duping consumers into believing the products meet the organization's nutritional guidelines, according to a proposed class action lawsuit that was filed in New Jersey federal court.

Campbell Enters into Final Negotiations with CVC Capital Partners for Sale of Campbell’s European Business

13 Aug 2013 --- Campbell Soup Company announced today that it is in final and exclusive negotiations for the potential sale of its business in Europe to CVC Capital Partners (CVC), a leading global private equity firm.

Campbell Takes Steps to Improve Supply Chain Productivity

01 Oct 2012 --- A number of factors have resulted in excess capacity in Campbell's U.S. thermal manufacturing network, including significant productivity improvements, volume declines of U.S. canned soup and an increased focus on new packaging formats which are often produced under co-manufacturing agreements.

Campbell Reports Organic Sales Increased of 3 Percent in Q4

05 Sep 2012 --- Denise Morrison, Campbell’s President and Chief Executive Officer, said, “In the fourth quarter, we generated organic sales growth, with gains across most of our portfolio, including strong sales in U.S. Soup and U.S. Simple Meals.

LycoRed Reveal New formulation to Reduce Salt and Enhance Flavor in Soups

19 Mar 2012 --- “SANTE's secret is that it is the concentration of all of the tastes and flavoring components that exist naturally in tomatoes, delivering true umami and kokumi taste characteristics,” explains Roee Nir, Color and Flavor Global Commercial Manager for LycoRed. “Using only a small amount of SANTE in canned and prepared soup formulations—typically high in sodium—will boost the overall soup flavor and allow salt reduction of up to 30%, without tomato flavor notes.”

Campbell Reports Second-Quarter Results

20 Feb 2012 --- Denise Morrison, Campbell’s President and Chief Executive Officer, said, “At the midpoint of our fiscal year, we are focused outward on consumers and on executing against our three strategies to return Campbell to sustainable, profitable net sales growth.

Campbell Appoints Mark Alexander President of Campbell North America

09 Jan 2012 --- Alexander was elected a corporate officer of Campbell in 2009, and is a member of both the company’s leadership team and operating committee. He earned his Bachelor of Arts degree in economics and political science from Queen’s University in Canada.

Naturex Introduces Kemfe, a New Flavoring Ingredient to Improve Taste

29 Nov 2011 --- Naturex is launching Kemfe, a new flavoring ingredient that has a direct action on taste perception and enhancement.

Campbell Introduces Nearly Three Dozen New Soups and Sauces to America's Store Shelves

16 Sep 2011 --- "We are absolutely committed to meeting both the changing tastes of consumers with soups and sauces that feature bold flavors, wholesome ingredients, unique recipes and new packaging options."

Campbell Reports Fourth-Quarter and Full-Year Results

05 Sep 2011 --- Denise Morrison, Campbell's President and CEO, said, "Our fourth-quarter results were slightly better than expected. Our Global Baking and Snacking segment delivered strong performance with double-digit top- and bottom-line growth in the quarter.

Gazpacho Ingredients Lose Vitamin C During Preparation

08 Aug 2011 --- The authors therefore recommend eating gazpacho as soon as it has been prepared, or "preserving it correctly so that the vegetables maintain their antioxidant characteristics."

Celebrating Years of Ensuring Safer Food

02 Aug 2011 --- Food Standards Australia New Zealand (FSANZ) celebrated 20 years of ensuring safer food for Australia and New Zealand at a special event at Old Parliament House Canberra.