secwatch.observer — SEC 8-K summary
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Issuer:     CAMPBELL'S Co (CPB)
CIK:        0000016732
Form:       8-K
Filed at:   2022-09-01T23:59:59+00:00
Accession:  0000016732-22-000087
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Campbell Q4 net sales up 6% to $2.0B; adjusted EPS up 8%; provides FY23 guidance
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- Q4 net sales $1.987B (+6% YoY); organic net sales +6%; adjusted EPS $0.56 (+8% vs $0.52 prior).
- Full-year net sales $8.562B (+1% as reported, +2% organic); adjusted EPS $2.85 vs $2.86 prior.
- FY23 guidance: organic net sales growth +4% to +6%; adjusted EPS $2.85-$2.95 (0% to +4%).
- $850M in cost savings achieved to date; on track for $1B by end of FY2025.
- Meals & Beverages Q4 operating earnings +18%; Snacks +3%; corporate expense $127M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16732/000001673222000087/0000016732-22-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16732/000001673222000087/cpb-20220901.htm
  HTML page:      https://secwatch.observer/filing/0000016732-22-000087

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer