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4-Traders Homepage  >  Equities  >  Nyse  >  Campbell Soup Company    CPB

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Campbell Soup Company : 80 Cases of Canned Pasta Labeled as Swanson 100% Natural Chicken Broth Recalled

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08/30/2013 | 09:10pm CET

Campbell Soup Company (NYSE:CPB) is voluntarily recalling approximately 80 cases of 14.5-ounce cans (approximately 1,740 pounds) of canned pasta labeled as Swanson 100% Natural Chicken Broth. Due to mislabeling, the cans actually contain SpaghettiOs with Meatballs. As a result of the mislabeling, the product does not declare the presence of wheat, milk and soy, which are known allergens.

80 cases of canned pasta mislabeled as "Swanson" 100% Natural Chicken Broth are being voluntarily re ...

80 cases of canned pasta mislabeled as "Swanson" 100% Natural Chicken Broth are being voluntarily recalled. The 14.5-ounce cans were shipped to a single retail customer's distribution center serving Arkansas, Louisiana, Mississippi, Oklahoma and Texas. (Photo: Business Wire)

The affected product was manufactured on July 24, 2013 and has the following individual code on the bottom of the label: UPC 51000 02431.

The product subject to the recall was made at the Campbell Soup Supply Company establishment in Paris, Texas and shipped on Aug. 7, 2013 to a single retail customer's distribution center that serves the following five states: Arkansas, Louisiana, Mississippi, Oklahoma and Texas.

In an abundance of caution, Campbell is retrieving the 80 cases of canned pasta labeled as Swanson 100% Natural Chicken Broth from the market. This recall does not affect any other Campbell products.

Consumers who have purchased the product should not eat it. Consumers should return the product to the store where it was purchased for a full refund. Consumers can also call Campbell at 866-495-3774 for more information.

Campbell Consumer Hotline
866-495-3774
or
Carla Burigatto (Media)
856-342-3737


© Business Wire 2013
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Financials ($)
Sales 2017 7 958 M
EBIT 2017 1 495 M
Net income 2017 893 M
Debt 2017 3 091 M
Yield 2017 2,40%
P/E ratio 2017 22,11
P/E ratio 2018 18,41
EV / Sales 2017 2,66x
EV / Sales 2018 2,60x
Capitalization 18 101 M
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Mean consensus HOLD
Number of Analysts 16
Average target price 59,4 $
Spread / Average Target 0,74%
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NameTitle
Denise M. Morrison President, Chief Executive Officer & Director
Les C. Vinney Non-Executive Chairman
Anthony P. DiSilvestro Chief Financial Officer & Senior Vice President
Carlos J. Barroso Senior VP-Global Research, Development & Quality
Bennett Dorrance Independent Director
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