Campbell Announces Plan for 'Driving Quality Growth,' Building on Progress of Transformation Plan Begun in July 2001.

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Campbell Announces Plan for 'Driving Quality Growth,' Building on Progress of Transformation Plan Begun in July 2001.

CAMDEN, N.J. -- Campbell Soup Company (NYSE:CPB)

--Company Targets 3-4 Percent Net Sales Growth and 5-7 Percent Earnings Per Share Growth

--Cost Savings Initiatives Expected to Result in a Pre-Tax Restructuring Charge of up to $35 Million in Fourth Quarter of Fiscal 2004

--Company Will Invest $125 Million to Implement SAP in North America to Improve Management Systems and Productivity

--Consumer Focus is on Expanding Convenience and Availability of Leading Brands, Including "Campbell's," "V8," "Pepperidge Farm," And "Arnott's"

Campbell Soup Compa...

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