Campbell and Heinz Analysis

The Canned, Frozen & Preserved Fruit, Vegetable & Food Specialties Industry (SIC Code 2030) consists of companies engaged in the business of canning fruits, vegetables, and juices.   Companies that manufacture and produce ketchup and sauces as well as preserves, jams and jellies are also included in this industry.   Both H. J. Heinz and Campbell Soup Companies are leaders within the industry.   H. J. Heinz Company (Heinz) was incorporated in Pennsylvania on July 27, 1900. The company and its subsidiaries manufacture and market an extensive line of food products throughout the world. Heinz is best known for its ketchup, condiments, and sauces and operates 71 food processing factories as well as other facilities spanning 200 countries.

Campbell Soup Company is a global manufacturer and marketer of high-quality, branded convenience food products. Campbell Soup was incorporated under the laws of New Jersey on November 23, 1922. Campbell Soup, best known for its soups, sauces, and beverages, manufactures and sells its products in 120 countries. Pepperidge Farm, a Campbell Soup division, produces and markets fresh bakery products and frozen foods. More than 3,500 distributors across the United States and 60 other countries carry the Pepperidge Farm brand. Campbell Soup’s international division offers more than 20 brands in the Asia Pacific region, greater Europe and Latin America.

According to SEC guidelines, companies that are considered large accelerated filers, such as Heinz and Campbell Soup, are required to file their 10-K within 60 days of their fiscal year end.   This analysis is based on 2009 10-K filings.   Both Heinz and Campbell Soup were in compliance with the SEC guidelines.   Heinz’s fiscal year ended on April 29, 2009. The company’s 10-K form was filed on June 17, 2009. Campbell Soup’s fiscal year ended on August 2, 2009. The company’s 10-K form was filed on September 30, 2009.  

In 2009, the Canned, Frozen & Preserved Fruit, Vegetable & Food...