
Campbell Soup Company (CPB), headquartered in Camden, New Jersey, manufactures and markets branded convenience food and beverage products. Valued at $8.6 billion by market cap, the company's core divisions include soups and sauces, biscuits and confectionery, and foodservice. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience stores, drug stores, and dollar stores.
Companies worth $2 billion or more are generally described as “mid-cap stocks,” and CPB perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the packaged foods industry. CPB has a strong brand legacy and diversified portfolio, with iconic brands like Campbell's soups, Swanson broths, and Pepperidge Farm snacks driving consumer loyalty. The acquisition of Rao's adds premium offerings, contributing to a resilient revenue stream.