About Campbell Soup Co

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products. Segments The company operates through Meals & Beverages and Snacks segments. Meals & Beverages This segment consists of its soup, simple meals and beverages products in retail and foodservice in the U.S. and Canada. The segment includes the following products, such as Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pasta, beans and dinner sauces; Swanson canned poultry; V8 juices and beverages; and Campbell’s tomato juice. The segment also includes snacking products in foodservice and Canada. Snacks This segment consists of Pepperidge Farm cookies, crackers, fresh bakery and frozen products, including Goldfish crackers, Snyder’s of Hanover pretzels, Lance sandwich crackers, Cape Cod potato chips, Kettle Brand potato chips, Late July snacks, Snack Factory pretzel crisps, Pop Secret popcorn, and other snacking products in retail in the U.S. The company refers to the brands as its power brands. The segment includes the retail business in Latin America. The segment included the results of the company’s Emerald nuts business, which was sold in May 2023. Customers In most of the company’s markets, sales and merchandising activities are conducted through its own sales force and/or third-party brokers and distribution partners. The company’s products are generally resold to consumers through retail food chains, mass discounters, mass merchandisers, club stores, convenience stores, drug stores, dollar stores, e-commerce, and other retail, commercial and non-commercial establishments. The company’s Snacks segment has a direct-store-delivery distribution model that uses independent contractor distributors. The company’s largest customer, Wal-Mart Stores, Inc. and its affiliates, accounted for approximately 22% of its consolidated net sales in 2023. Both of the company’s reportable segments sold products to Wal-Mart Stores, Inc. or its affiliates. Trademarks As of September 13, 2023, the company owned over 2,600 trademark registrations and applications in over 150 countries. The company’s principal brands, including Campbell's, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Pop Secret, Prego, Snack Factory, Snyder's of Hanover, Spaghettios, Swanson, and V8, are protected by trademark law in the major markets where they are used. Government Regulation In the U.S., the company’s activities are subject to regulation by various federal government agencies, including the Food and Drug Administration, the Department of Agriculture, the Federal Trade Commission, the Department of Labor, the Department of Commerce, the Occupational Safety and Health Administration and the Environmental Protection Agency, as well as various state and local agencies. The company’s business is also regulated by similar agencies outside of the U.S. History Campbell Soup Company was founded in 1869. The company was incorporated under the laws of New Jersey in 1922.