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Campbell Soup is increasing production
to prepare for coronavirus demand

Original Article

Posted By: Pluperfect, 3/7/2020 4:47:15 AM

Campbell Soup CEO Mark Clouse said Wednesday that the company is increasing soup production in response to the coronavirus outbreak. “We made the decision last week to up production in certain areas where we’re using a little bit the analogy of weather or natural disasters,” Clouse said on CNBC’s “Closing Bell.” “Where do we see demand coming in a greater rate? And we’ve upped that level of production to be able to maximize our inventory to be prepared for whatever unfolds here.” Consumers, particularly those closest to virus clusters, have been stockpiling canned soup and other shelf-stable foods as more cases of the disease are reported in the U.S.

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Reply 1 - Posted by: DCGIRL 3/7/2020 6:25:19 AM (No. 339158)
Smart move.
7 people like this.

Reply 2 - Posted by: Toby Ten Bears 3/7/2020 6:35:28 AM (No. 339161)
The sky is falling!!!!! OMG!!!!!
9 people like this.

Reply 3 - Posted by: Daisymay 3/7/2020 6:59:53 AM (No. 339179)
The sky isn't falling, but a bit of common sense should prevail. We are due to leave two weeks from today on a Princess Cruise. The fact that the Grand Princess (not our ship) now has the virus thanks to the Crew who were not aware that their last Cruise had a man with the virus and then they infected passengers on this week's cruise, got us to jump off the fence and cancel our cruise. At almost 79 I am in the highly vulnerable group. So yes, I bought six cans of Progresso Soup (BOGO)! Can't hurt to have it "just in case". We will use if even if nothing happens. If you're young and healthy, your chances of getting a severe case of this virus is low, but if your old, it's best to do what you can to avoid a crowd. That's what we decided to do. We can cruise anytime, it doesn't have to be now!!
14 people like this.

Reply 4 - Posted by: unionriverman2316 3/7/2020 7:20:11 AM (No. 339202)
So what? Smart marketers have known for many years that spreading fear in a poorly educated public has been good for sales. And the media, being 99% leftist, and more stupid than the population in general....are more than willing to spread the panic. Any forecast of severe weather in the future, starts the run...every time. Now just about everybody has got plumbing in their house supplying potable water. Most all of us drink something that comes in plastic bottles or jugs. Gallon milk containers and those 2 liter soda bottles are excellent. Fill them at you faucet and put them in a cardboard box and slide it under your bed where it will keep for a long time. One gallon of water will last a human being for quite while. Why go to Walmart and spend your money on that stuff when you can get it for almost nothing at your house? Stupid people do different things. Ok I can understand the water maybe, but why the run on toilet paper? Does the virus make us die by crapping ourselves to death? If it wasn't such pitiful commentary on the mindset of millions of Americans......it would be funny to watch.
12 people like this.

Reply 5 - Posted by: MattMusson 3/7/2020 7:25:59 AM (No. 339208)
Campbells and Charmin and Purell and the Cracker bakers are all just trying to meet demand. People are already stocking up.
9 people like this.

Reply 6 - Posted by: franq 3/7/2020 7:31:12 AM (No. 339216)
Excellent, #4. One would almost suspect a "Clorox Wipes" conspiracy. I don't, but look what a little media hysteria will do. They really are desperate.
6 people like this.

Reply 7 - Posted by: MOBeef4u 3/7/2020 7:40:14 AM (No. 339225)
The problem with stockpiling anything is that if it isn’t needed for whatever panic caused it (and in the case of this virus outbreak probably won’t be) it will be used up over the same amount of time as it would have been bought in the normal course of events. Overproducing now will count against future sales. Buy a bunch now and there won’t be a reason to buy it later. I don’t buy Campbell’s products either way.
6 people like this.

Reply 8 - Posted by: unionriverman2316 3/7/2020 7:41:49 AM (No. 339228)
The appallingly ignorant talking heads of the main stream media (Lyin Brian and Bloomers millions could save the country!) need to keep their million dollar salaries coming so have no problem at all stoking fear among poorly educated segments of the American public in order to justify all the "clicks" from those needing to be scared even further. A responsible media would do what it could to spread honest information and calm people's fears. But we DON'T have that in America today!
8 people like this.

Reply 9 - Posted by: Roy Davis 3/7/2020 7:42:05 AM (No. 339230)
I thought last week, now might be a good time to invest in Campbells. What does EVERYONE reach for when they have a bad cold or the flu? CHICKEN NOODLE SOUP!!
10 people like this.

Reply 10 - Posted by: Hazymac 3/7/2020 8:10:15 AM (No. 339256)
We practically grew up on Campbell's soups. And the practice persists. Soup is good food. Wise corporate decision.
10 people like this.

Reply 11 - Posted by: Right Republican 3/7/2020 8:19:22 AM (No. 339266)
I have an acquaintance who excoriates Campbells and boycotts the company for, as it seems, 'pulling out of Camden, N.J.' and leaving all the minorities there without jobs. But, I looked it up just now on the web and Campbells still has a factory there and nationwide Campbells is seeking 100's of new workers. Victim mentality at work?
3 people like this.

Reply 12 - Posted by: janjan 3/7/2020 8:42:49 AM (No. 339296)
34,200 Americans died in 2019 from generic ‘no name’ flu. As always, the elderly and those with other illnesses or compromised immune systems are most vulnerable. This drama was created by the media and politicians who see some kind of advantage to them if people panic. Washing your hands should be part of everyone’s daily hygiene instead of an exotic strategy the government just discovered. Good grief.
12 people like this.

Reply 13 - Posted by: Oldenoughtoknowbetter 3/7/2020 8:45:03 AM (No. 339299)
I wish these soup companies would make their products with less salt. Older people especially need a diet with less sodium and most canned soups are very high. I know they don't sell as well but we all would be better off. You can always use a salt shaker but can't get the salt out once it's there.
10 people like this.

Reply 14 - Posted by: JackBurton 3/7/2020 9:49:13 AM (No. 339346)
Chicken soup?
1 person likes this.

Reply 15 - Posted by: ussjimmycarter 3/7/2020 9:54:31 AM (No. 339354)
We know of a large company that provides health supplies to major corporations. Won't tell you who because a very close relative works there. Their main Supply Chain link is CHINA!!! Now they find themselves short on product with major Hotels and Restaurants screaming for product. They moving small US factories to 24/7/365 production and trying to hire anyone they can. Seems the "build it on China" might have been short-sighted? No? They have also outsourced a great deal of Technology (I have consulted there numerous times) to India. I have a feeling that some issues with that country might arise in the near future!
5 people like this.

Reply 16 - Posted by: lisa belanger 3/7/2020 10:01:41 AM (No. 339364)
i hate their soup trader joes has he best creamy tom organic 2 servings campbell sucks
3 people like this.

Reply 17 - Posted by: lisa belanger 3/7/2020 10:04:30 AM (No. 339367)
coronavirus is a flu/virus just as pneumonia is the elderly die because they are weak and have issues period i wash my hands i do not hug or kiss if i hear a person sneezing or coughing i get out of the store fast
3 people like this.

Reply 18 - Posted by: Tenncon231 3/7/2020 10:07:42 AM (No. 339373)
Chicken Soup! In Chicago it was referred to as “Jewish Penicillin”! The universal cure!
4 people like this.

Reply 19 - Posted by: kono 3/7/2020 10:12:36 AM (No. 339379)
#4 - perhaps the purifier / water / t.p. stockpiling comes from a simple idea that if people could cut themselves off from contacting the rest of the population for 2 or 3 weeks, they could avoid catching the virus? The bottled water just in case the public water supply got infected. Could he t.p. hoarding possibly be from fear that a month-long economic shutdown would turn us into Venezuela (where we heard often that peeps were desperate for toilet paper)? Campbell's Soup will probably experience a revenue surge slightly higher than their normal cold-flu season surge. Those who bought their stock a month ago stand to gain nicely. Those who buy their stock today, on the other hand, will be holding it when the demand levels off after the covid hysteria dies down, and those who bought a lot of soup have enough to last themselves a couple of years. Now might be the right time for savvy investors to sell their Campbell's stock...
1 person likes this.

Reply 20 - Posted by: WV.Hillbilly 3/7/2020 10:22:19 AM (No. 339390)
Maybe they could put the salt back in that they took out several years ago.
1 person likes this.

Reply 21 - Posted by: Safari Man 3/7/2020 10:27:12 AM (No. 339398)
Have you tried their new Bat Curry soup? To die for!
8 people like this.

Reply 22 - Posted by: hershey 3/7/2020 10:52:20 AM (No. 339426)
Oh wow, the poor chickens and noodles....
0 people like this.

Reply 23 - Posted by: hershey 3/7/2020 11:02:09 AM (No. 339442)
All this bull puckey about covid virus is nothing more than a lame stream media crapola to try and bring down Trump because their previous efforts failed..it is no worse, or even as bad as a normal flu season...From Johns Hopkins (COVID-19: Approximately 3,460 deaths reported worldwide; 14 deaths in the U.S., as of Mar. 6, 2020. Flu: 291,000 to 646,000 deaths worldwide; 12,000 to 61,000 deaths in the U.S. per year.) Forwarded email...believe or not, but it makes sense........... Last evening dining out with friends, one of their uncles, who's graduated with a master's degree and who worked in Shenzhen Hospital (Guangdong Province, China) sent him the following notes on Coronavirus for guidance: 1. If you have a runny nose and sputum, you have a common cold 2. Coronavirus pneumonia is a dry cough with no runny nose. 3. This new virus is not heat-resistant and will be killed by a temperature of just 26/27 (81 deg F) degrees. It hates the Sun. 4. If someone sneezes with it, it takes about 10 feet before it drops to the ground and is no longer airborne. 5. If it drops on a metal surface it will live for at least 12 hours - so if you come into contact with any metal surface - wash your hands as soon as you can with a bacterial soap. 6. On fabric it can survive for 6-12 hours. normal laundry detergent will kill it. 7. Drinking warm water is effective for all viruses. Try not to drink liquids with ice. 8. Wash your hands frequently as the virus can only live on your hands for 5-10 minutes, but - a lot can happen during that time - you can rub your eyes, pick your nose unwittingly and so on. 9. You should also gargle as a prevention. A simple solution of salt in warm water will suffice. 10. Can't emphasise enough - drink plenty of water! THE SYMPTOMS 1. It will first infect the throat, so you'll have a sore throat lasting 3/4 days 2. The virus then blends into a nasal fluid that enters the trachea and then the lungs, causing pneumonia. This takes about 5/6 days further. 3. With the pneumonia comes high fever and difficulty in breathing. 4. The nasal congestion is not like the normal kind. You feel like you're drowning. It's imperative you then seek immediate attention.
4 people like this.

Reply 24 - Posted by: DVC 3/7/2020 11:38:11 AM (No. 339474)
Chicken soup, the great cold/flu remedy.
1 person likes this.

Reply 25 - Posted by: DVC 3/7/2020 11:41:45 AM (No. 339477)
No, #17, pneumonia is a bacterial infection, cold and flu are viral, VERY different mechanisms of infection. Is you caps key broken?
1 person likes this.

Reply 26 - Posted by: Harlowe 3/7/2020 12:01:31 PM (No. 339510)
#13- In complete agreement; however, have “resolved” the problem by diluting the can’s content with filtered water or, on occasion, milk or half-and-half, depending on the composition of the soup (mushroom, tomato, etc.). Use a quarter or half-cup measure of the canned soup and add filtered water to a level of three-fourths or one full cup measure. Remainder of the can’s soup is stored for a “cup of soup” the next day or two. While “wishing on a star” for food manufacturers to cut sodium in their products, it would be most welcome/helpful for frozen food manufacturers to cut the sodium content of their products, particularly entrees, so senior citizens have an opportunity for a quick meal during times of exhaustion/illness. Talked with an individual at a nationally recognized frozen food company a few years ago, and learned they have employees sample their products through their cafeterias to determine quality/appeal. As appropriate as that is, it seems these companies should have a “select group” of volunteer employees who, for medical reasons, must watch their sodium intake so their palate has been adjusted to lower sodium to more accurately assess the quality of lower sodium products.
1 person likes this.

Reply 27 - Posted by: red1066 3/7/2020 12:39:54 PM (No. 339572)
The stock price was down on Friday, but everyone knows chicken soup can cure anything.
1 person likes this.

Reply 28 - Posted by: DVC 3/7/2020 1:06:25 PM (No. 339582)
Good points, #23, very good points....one minor nit - ordinary bar soap is perfectly good for hand washing, as good or better than any "alcohol wipe" or "hand sanitizer" gel. No special soap is needed at all. Just a good hand washing after every time you touch something. Tip: if the bathroom door in a public rest room opens inward, use that last hand towel to open the door, then toss it in the trash. If you can't reach, use the trash outside. If it opens outward, bump it open with a toe.
1 person likes this.

Reply 29 - Posted by: DVC 3/7/2020 1:08:33 PM (No. 339583)
And they now have Millenial friendly pop top lids, for those who can't operate a can opener. 🙄 One of the silliest 'improvements' ever.
0 people like this.

Reply 30 - Posted by: Stencil 3/7/2020 1:18:10 PM (No. 339594)
Making that part move to Consumer Staples ETFs look a little better in the light of everything else market–oriented . . .
1 person likes this.

Reply 31 - Posted by: JHHolliday 3/7/2020 1:24:46 PM (No. 339604)
"When in danger, when in doubt, run in circles, scream and shout". Common sense should prevail. I don't plan to take a cruise now or ever. Not so much for the virus but I can't imagine being cooped up on a floating hotel with several thousand strangers.
3 people like this.

Reply 32 - Posted by: Muguy 3/7/2020 4:41:44 PM (No. 339758)
Its a great business move IF people buy Campbell's Soup instead of another brand. Have you seen the heavily inflated price Campbell's is charging for soup these days?????? Its just SOUP.....
0 people like this.

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Posted by Imright 3/8/2020 5:54:52 AM Post Reply
Failed Democratic presidential nominee Hillary Clinton revealed that her apology over her email scandal was made against her “better judgment.”The former first lady reflected on the apology for using an unauthorized email server during her tenure as secretary of state in a segment in “Hillary,” a new documentary released Friday on Hulu.(Photo) “We’ll just say what you did was a mistake. It was dumb. It’s over. And that will end it,” Clinton said about the controversy that plagued her 2016 presidential campaign.“I wasn’t convinced of that. But I understood the frustration of my campaign,” she said in the documentary about her life, according to the Washington Examiner.
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