Campbell's (NASDAQ: CPB) is a publicly listed company headquartered in Camden, New Jersey, United States that owns 15 consumer brands across 2 categories, and has 2 recorded transactions.[1][2]
Campbell's was founded in Camden, New Jersey in 1869 and made its name with condensed soup, invented in 1897 by a chemist who realised that removing the water halved the shipping cost. It renamed itself from Campbell Soup Company in 2024 to reflect that snacks now generate about half its revenue.
What Campbell's's annual report says about its business
Read from Campbell's's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Segments the filing names
Meals & Beverages: Our reportable segments are: Meals & Beverages, which consists of soup, simple meals and beverages products in retail and foodservice in the U.S. and Canada.
Snacks: The segment also includes snacking products in foodservice and Canada, and beginning in 2026, the snacking and meals and beverages retail business in Latin America; and Snacks, which 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, and other snacking products in retail in the U.S.
Snacks segment: Our Snacks segment has a direct-store-delivery distribution model that uses independent contractor distributors.
Acquisitions and disposals named in the filing
Acquired: La Regina (May 4, 2026), $146 million. On May 4, 2026, we acquired the 49% interests in La Regina for $146 million in cash.
Acquired: Sovos Brands, Inc. (March 12, 2024), $2.899 billion. On March 12, 2024, we completed the acquisition of Sovos Brands, Inc. (Sovos Brands) for total purchase consideration of $2.899 billion.
Acquired: Snyder's-Lance (March 26, 2018). On March 26, 2018, we completed the acquisition of Snyder's-Lance.
Sold or exited: Pop Secret popcorn business (August 26, 2024), $70 million. On August 26, 2024, we sold our Pop Secret popcorn business for $70 million.
Campbell's in numbers
Campbell's owns 15 consumer brands tracked here across 2 top-level categories; the largest is food with 14 brands.[1]
2 recorded acquisitions, 2 of them completed since 2015; disclosed US-dollar deal values total $8.8 billion.
1 of its brands originated outside United States.
Campbell's financial history
Headline figures from Campbell's's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2021–2026.
Revenue moved from $8.48bn to $9.74bn, an average of 2.8% a year (calculated).
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Who owns the shares of Campbell's
Holders of more than 5% of the voting shares, as listed in Campbell's's proxy statement filed 7 October 2026. Shareholdings change daily; this is the position the filing reports.
Holder
Shares
Share of class
Bennett Dorrance
44,905,684
15.06%
The Mary Alice Dorrance Malone Revocable Trust
30,492,657
10.22%
BlackRock, Inc.
27,096,978
9.09%
The Vanguard Group
23,436,036
7.86%
Contango Limited LP
18,426,809
6.18%
Everything Campbell's owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Campbell's acquired Sovos Brands for $23 per share in cash, principally to obtain Rao's Homemade, a premium pasta sauce growing far faster than the rest of the category. The Federal Trade Commission cleared the deal after a second request.
Campbell's bought snack maker Snyder's-Lance for $50 per share in cash, roughly doubling the size of its snacks business and moving the company away from its dependence on condensed soup, a category in long-term decline.
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
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