Campbell Soup Company (CPB) is one of the world's best known food brands, most notably its eponymous line of soup. It has three major product lines: Americas Simple Meals and Beverages (in the US, Canada and Latin America), Global Snacks and Biscuits (through the US, Asia Pacific, and Australia) and Campbell Fresh, which has organic and healthy offerings.
Campbell's results have struggle for several years now with revenues falling slightly in each of the last three years running. This trend has continued into fiscal 2017, with revenues at $6.2B through the first nine months, down 1% from the prior year period. EbIT has fallen more substantially, though Campbell's still boasts double digit return on sales. Cash flow has also fallen, from $1.2B in 2016 YTD to $1.0B in 2017 YTD; still strong but the trend is not encouraging.
