The Campbell's Co. (NASDAQ: CPB) recently changed its name from Campbell Soup Co. in November 2024. The new name better describes the consumer staples sector leader’s diverse portfolio of brands. Shares sold off 6% following its lackluster fiscal first quarter 2025 report. The company reported FQ1 EPS of 89 cents, beating analyst estimates by 2 cents. Revenues rose 10.1% YoY to $2.77 billion, missing consensus estimates of $2.80 billion. In addition to reaffirming flat fiscal full year 2025 top and bottom estimates, its CEO Mark Clouse announced his departure to become the new president of the Washington Commanders National Football League (NFL) team on Jan. 31, 2025. Mick Beekhuizen will be replacing Clouse as CEO.
