NEW YORK (TheStreet) -- You'd think there would be nothing more boring than a 143-year old company that makes most of its money selling canned soups.
Think again, and meet CampbellSoup (CPB) and its sterling CEO, Denise Morrison, who for the past 12 months has infused the company with new life and achievable goals.
Although the shares recently hit a 52-week high of $35.60, due in large part to a dramatic increase in revenue per share, CPB still is nearly 12% below the $40 price reached in 2008 before the financial world imploded.On average, analysts expect the company to report a profit of 39 cents a share on revenue of $1.59 billion for its fiscal 2012 fourth quarter, which ended July 31. That would mark a more than 25% EPS increase from the 2011 fiscal fourth quarter, when Campbell reported earnings of 31 cents a share. Revenue was $1.61 billion in that quarter. Campbell traditionally gets more than half of its revenue from its soup unit, which includes the company's co-branded Kirkland Signature and Stockpot soups that it sells at COSTCO (COST) stores. The Camden, N.J.-based company also makes V8 juice, Prego spaghetti sauce, Pace Mexican food sauces and Pepperidge Farm baked goods. > > Bull or Bear? Vote in Our Poll Campbell's has seen its soup business decline in recent years. When she took the reins as CEO, Denise Morrison vowed to improve the soup business. The company has been introducing a number of new products including new flavors of its Chunky soups to improve sales. But in the previous quarter, the company was disappointed to admit that sales of U.S. soups fell 3% from a year ago. According to a recent Associated Press report, there's a bigger picture that shareholders and potential investors should focus on.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV