Campbell's Co Reports Financials, Officer Changes

Ticker: CPB · Form: 8-K · Filed: 2024-12-03T00:00:00.000Z

Sentiment: neutral

Topics: financial-results, executive-changes, compensation

TL;DR

Campbell's Co dropped an 8-K: financials updated, execs shuffled, comp plans adjusted. Check it.

AI Summary

The Campbell's Company filed an 8-K on December 3, 2024, reporting on its results of operations and financial condition as of December 1, 2024. The filing also disclosed the departure of directors or certain officers, the election of directors, and the appointment of certain officers, along with details on compensatory arrangements for these officers. Additionally, the report includes financial statements and exhibits.

Why It Matters

This filing provides investors with crucial updates on Campbell's financial performance and significant changes in its leadership and compensation structures.

Risk Assessment

Risk Level: medium — The filing covers financial results and executive changes, which can introduce uncertainty and impact investor confidence.

Key Numbers

Key Players & Entities

FAQ

What specific financial results are being reported by The Campbell's Company?

The filing indicates 'Results of Operations and Financial Condition' are being reported as of December 1, 2024, but the specific details are within the attached financial statements and exhibits.

Who has departed from The Campbell's Company's board or officer positions?

The filing notes 'Departure of Directors or Certain Officers' but does not name the individuals in this summary section; details would be in the full report.

Were new directors elected or officers appointed?

Yes, the filing explicitly mentions 'Election of Directors' and 'Appointment of Certain Officers'.

What is the primary business address of The Campbell's Company?

The principal executive offices are located at One Campbell Place, Camden, New Jersey 08103-1799.

What is the significance of the 'Compensatory Arrangements of Certain Officers' mentioned in the filing?

This indicates that the filing includes information regarding the compensation plans and agreements for specific executive officers of The Campbell's Company.

From the Filing

0000016732-24-000198.txt : 20241203 0000016732-24-000198.hdr.sgml : 20241203 20241203161018 ACCESSION NUMBER: 0000016732-24-000198 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20241201 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241203 DATE AS OF CHANGE: 20241203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAMPBELL'S Co CENTRAL INDEX KEY: 0000016732 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 210419870 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0803 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03822 FILM NUMBER: 241522867 BUSINESS ADDRESS: STREET 1: CAMPBELL PL CITY: CAMDEN STATE: NJ ZIP: 08103 BUSINESS PHONE: 8563424800 MAIL ADDRESS: STREET 1: CAMPBELL PL CITY: CAMDEN STATE: NJ ZIP: 08103 FORMER COMPANY: FORMER CONFORMED NAME: CAMPBELL SOUP CO DATE OF NAME CHANGE: 19920703 8-K 1 cpb-20241201.htm 8-K cpb-20241201 0000016732 false 0000016732 2024-12-01 2024-12-01 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): December 1, 2024 THE CAMPBELL'S COMPANY (Exact name of registrant as specified in its charter) New Jersey 1-3822 21-0419870 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) One Campbell Place Camden , New Jersey 08103 -1799 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: ( 856 )  342-4800 Campbell Soup Company (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-(c)) Securities registered pursuant to Section 12(b) of the Act : Title of each class Trading Symbol(s) Name of each exchange on which registered Capital Stock, par value $.0375 CPB The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 2.02 – Results of Operations and Financial Condition On December 3, 2024, The Campbell's Company (the "Company") issued a press release announcing financial results for the quarter ended October 27, 2024, a copy of which is attached as Exhibit 99.1. The information in this Item 2.02 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expres

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