---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-23-000067"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T11:46:55.145478+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Campbell sells Emerald nuts to Flagstone Foods; minimal FY2023 impact, $0.01 dilutive to FY2024 EPS

## Summary
- Emerald nuts sold to Flagstone Foods; terms not disclosed.
- Emerald had net sales of $66M in fiscal 2022 and $46M for nine months ended April 30, 2023.
- Company expects no material impact to fiscal 2023 financial results.
- Transaction expected to be dilutive to EPS by ~$0.01 in fiscal 2024 due to transition and cost actions.
- Sale part of strategic focus on Snacks power brands; acquired in 2018 Snyder's-Lance deal.

## SEC filing metadata
- accession: 0000016732-23-000067
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16732/000001673223000067/0000016732-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673223000067/cpb-20230530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-23-000067
- JSON: https://secwatch.observer/filing/0000016732-23-000067.json
- Plain text: https://secwatch.observer/filing/0000016732-23-000067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.