Connect with us

AFFILIATE MARKETING

Campbell’s Soup Is Trying to Change Its Name. Here’s Why.

Published

on

Campbell's Soup Is Trying to Change Its Name. Here's Why.

The 155-year-old Campbell Soup Company, the first to bring canned soups to the market, wants to drop the “Soup” part of its name and go by just the Campbell’s Company. Shareholders can vote on the suggested name change in November at Campbell’s annual meeting.

The request reflects Campbell’s broader strategy to expand beyond soup and into higher-growth categories, like snacks, which have shown promise. Snack sales grew 13% for the company last year while soups grew 3%. Nearly 48% of Campbell’s net sales came from snacks in fiscal year 2023. Meanwhile, Campbell’s Goldfish brand reached annual net sales of $1 billion in March, a feat only attained by one other product from the company: its iconic red-and-white-labeled soup.

Campbell CEO Mark Clouse said at an investor event on Tuesday that the “subtle-yet-important” name change more accurately reflects “the full breadth of the company’s portfolio.” Earlier this year, Campbell acquired Sovos Brands, the company behind the Rao’s sauces, Noosa’s Yoghurt, and Michael Angelo’s frozen entrees brands, for $2.7 billion.

Related: How to Overcome Imposter Syndrome and Start a Business, According to Gary Vee, a Serial Entrepreneur Worth Over $200 Million

The company has also made other acquisitions, like a $4.87 billion deal for snack company Snyder’s-Lance in 2017.

Campbell’s Tomato Soup. Photo Credit: Richard Levine/Corbis via Getty Images

Campbell executives said on Tuesday that they see stable sales in soup, 3% to 4% annual growth in snacks, and 1% to 2% in meals and beverages.

Even though the company assumes no annual growth in soup, it continues to innovate and invest in the category. Campbell recently introduced new spicy soup flavors, including the Ghost Pepper Chicken Noodle soup, to appeal to younger shoppers. Older populations usually buy more soup, so sales in that category could rise from groups like older millennials, the company said.

Campbell’s fourth-quarter earnings for the three months ending July 18, 2024, show that total net sales were up from the previous quarter, from $2.068 billion to $2.293 billion.

“For the last five years, we have been on a transformative journey to redefine our company,” Clouse stated.

Related: The Side Hustle She Worked on in a Local Starbucks ‘Went From Nothing to $1 Million.’ Now It Will Make Over $30 Million This Year.

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address

AFFILIATE MARKETING

Track Hurricanes and More Like a Pro for Life

Published

on

Track Hurricanes and More Like a Pro for Life

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

As weather patterns become increasingly unpredictable, staying informed and prepared is more important than ever—especially for business professionals managing deadlines, meetings, and travel plans. Weather Hi-Def Radar Storm Watch Plus is a high-definition weather radar app that gives you real-time updates, precise alerts, and future forecasting.

With a 4.6-star rating and over 75,000 reviews on the App Store, this app has earned its reputation as a reliable tool for staying on top of the elements. And now, through October 27, you can grab a lifetime subscription for just $29.97 (reg. $199)—the best price available online.

Whether you’re tracking incoming hurricanes like Helene and Milton or just trying to stay dry during a surprise rainstorm on your vacation, this app gives you the real-time data and notifications you need to stay safe and make informed decisions.

With Weather Hi-Def Radar, you’re not just looking at a forecast—you’re seeing it happen live. This app provides real-time radar images and future animations so you can track the development of storms, temperature changes, and precipitation as they unfold.

Get instant alerts when lightning strikes or precipitation is detected near you, keeping you ahead of any storm. Whether at the office, on the road, or working remotely, knowing when to expect a downpour or thunderstorm allows you to plan accordingly. You can also track dangerous weather conditions like tornadoes, hurricanes, wildfires, and even earthquakes with customizable notifications sent directly to your device.

The app also provides various weather layers, including cloud cover, temperature, wind speed, water surface temperatures, and more. These detailed overlays give you an in-depth understanding of current and future weather conditions, making this tool invaluable for professionals who need precision forecasting.

You can save multiple locations, so whether you need to check the weather for your home, your office, a client’s location, or your weekend getaway spot, you can do it all from one app.

Don’t miss this terrific price on a lifetime of weather preparedness with the Weather Hi-Def Radar Storm Watch Plus app for just $29.97 (reg. $199) through October 27.

StackSocial prices subject to change.

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

AFFILIATE MARKETING

Expand Your Global Reach With Babbel, on Sale for More Than 60% Off

Published

on

Expand Your Global Reach With Babbel, on Sale for More Than 60% Off

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Want to break language barriers and expand your business network? Babbel’s lifetime subscription has you covered with access to 14 languages, perfect for anyone looking to boost their business communication.

With no recurring fees, you’ll pay $179.97 (sale ending October 20) for a resource that sticks with you for life, helping you build relationships and navigate new markets with confidence.

Babbel offers bite-size lessons that fit right into your schedule. Each session takes about 10 to 15 minutes, making it easy to squeeze in language-learning between meetings or on your commute. And with its speech-recognition technology, Babbel gives instant feedback on your pronunciation, so you’re prepared to speak like a pro when connecting with international clients.

From Spanish and French to less commonly studied languages like Turkish, Babbel’s got you covered. The short, interactive lessons focus on practical conversation, so you’re learning words and phrases that you can actually use in real business situations. Plus, Babbel’s course content is updated regularly, meaning you’ll always have access to fresh lessons and content as your skills grow.

With Babbel, you’re not just picking up phrases; you’re gaining tools to communicate effectively across cultures. Not to mention, it’s a one-time investment that pays off for years to come.

Get ready to take your business skills global with a lifetime subscription to Babbel Language Learning for $179.97 until October 20 at 11:59 p.m. Pacific.

StackSocial prices subject to change.

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

AFFILIATE MARKETING

The Cities and States Where Side Hustles Could Earn the Most

Published

on

The Cities and States Where Side Hustles Could Earn the Most

More than half (54%) of Americans say they’ve started a side hustle to supplement their primary source of income in the last 12 months, according to a survey from MarketWatch Guides.

Although there’s no shortage of potential opportunities — side hustles can span teaching online to cleaning barbecues, creating digital products and so much more — one doesn’t necessarily have the same earning power as the next.

Related: 10 of the Most Profitable Side Hustles You Can Start With Little or No Money

Choosing a side hustle is one crucial piece of the puzzle — but where you decide to start it is another that might make or break your success.

So where in the U.S. do side hustlers have the greatest earning potential?

The team at SideHustles.com conducted a study to find out, analyzing data from the Bureau of Labor Statistics’ American Community Survey to determine which states and cities have the highest percentage of residents earning self-employment income and their average earnings.

Households in North Dakota, New Jersey and Connecticut earn the most from self-employment income, at $60,221, $55,748 and $55,192, per the data from SideHustle.com.

Lake Charles, Louisiana, has the highest average self-employment earnings at $179,080 per household, followed by San Tan Valley, Arizona ($141,459) and Upland, California ($130,291), the analysis found.

Related: The Top 10 U.S. Cities for Starting a Side Hustle, According to Statistics

Read on to see the top five cities and states where people earn the most, on average, from self-employment income, according to the study:

Top five cities where self-employed earn the most

  1. Lake Charles, Louisiana: $179,080
  2. San Tan Valley, Arizona: $141,459
  3. Upland, California: $130,291
  4. Newton, Massachusetts: $118,527
  5. Bethesda, Maryland: $110,573

Related: This 20-Year-Old Student Started a Side Hustle With $400 — and It Earned $150,000 Over the Summer

Top five states where self-employed earn the most

  1. North Dakota: $60,221
  2. New Jersey: $55,748
  3. Connecticut: $55,192
  4. Massachusetts: $54,712
  5. California: $53,639

Source link

Keep an eye on what we are doing
Be the first to get latest updates and exclusive content straight to your email inbox.
We promise not to spam you. You can unsubscribe at any time.
Invalid email address
Continue Reading

Trending