secwatch.observer — SEC 8-K summary
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Issuer:     CAMPBELL'S Co (CPB)
CIK:        0000016732
Form:       8-K
Filed at:   2022-12-07T23:59:59+00:00
Accession:  0000016732-22-000154
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Campbell Soup Q1 sales up 15% to $2.58B, adjusted EPS $1.02, raises FY2023 guidance
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- Net sales $2.575B, +15% YoY; reported EPS $0.99 (+15%), adjusted EPS $1.02 (+15%).
- Raised FY2023 guidance: organic net sales now +7-9% (prev +4-6%), adjusted EPS $2.90-$3.00 (prev $2.85-$2.95).
- Meals & Beverages and Snacks segments each +15% sales; U.S. soup sales +11%.
- Achieved $10M cost savings in Q1; on track for $1B by FY2025.
- Cash from ops $227M vs $288M prior year; paid $115M dividends and repurchased $41M stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16732/000001673222000154/0000016732-22-000154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16732/000001673222000154/cpb-20221207.htm
  HTML page:      https://secwatch.observer/filing/0000016732-22-000154

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