Annual Report Financial Analysis Project
Campbell Soup Company
Giedrius Valauskis
Campbell Soup Company (or Campbell’s) is a well-known public-traded American corporation that produces soups and other products. The company has three main divisions: Healthy Beverages, which produces natural juices and beverages from vegetables, fruits, and tea; Baked Snacks, which makes biscuits, crackers, and other baked goods; and Simple Meals – easy-to-prepare soups, canned meals and sauces. Founded in 1869, Campbell’s sells its products in 120 countries in North and Latin America, Europe, and Pacific Asia. Company’s International division has 12 production facilities and about 6,000 employees in 16 countries. Its headquarters are situated in Camden, New Jersey, U.S. Campbell’s current president and CEO is Douglas R. Conant and their CFO is B. Craig Owens (also Vice President and Chief Administrative Officer). Company’s fiscal year starts on August 1 and ends on the Sunday nearest July 31. In 2010 it ended on the 1st of August. Campbell Soup Company’s independent auditors are PricewaterhouseCoopers LLP. In their Audit Report firm stated that in their opinion, Campbell Soup Company’s financial position in all the financial statements was represented fairly and according to GAAP standards, and their internal control over financial reporting was effective. As of January 27, 2011, company’s stock price was $34.66 and dividends per share, which were last declared on November 18, 2010, were $0.290.
Note 6 provides information on Campbell’s business and geographic segments. As was mentioned before, Campbell Soup Company is a global manufacturer of high quality food products. The company operates in the following segments: U.S. Soup, Sauces and Beverages, Baking and Snacking, International Soup and North America Foodservice. Below, I am going to write in details about each segment: what it produces, comparison of the financial information with previous years and also the...