---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-23-000074"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T05:54:10.817057+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Campbell Q3 net sales +5% to $2.23B; adj. EPS -3% to $0.68; FY guidance reaffirmed

## Summary
- Adjusted EBIT fell 2% to $313M on lower pension income; reported EBIT -14% to $254M.
- Snacks segment net sales +12% driven by power brands (+16%); Meals & Beverages -2%.
- Reaffirmed FY2023 guidance: organic net sales +8.5-10%, adj. EPS $2.95-$3.00.
- Cost savings program achieved $880M to date; on track for $1B by end of FY2025.
- Cash from operations $918M YTD vs $1.1B prior; capital expenditures $257M vs $179M.

## SEC filing metadata
- accession: 0000016732-23-000074
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16732/000001673223000074/0000016732-23-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673223000074/cpb-20230607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-23-000074
- JSON: https://secwatch.observer/filing/0000016732-23-000074.json
- Plain text: https://secwatch.observer/filing/0000016732-23-000074.txt

## Key facts
- Earnings Releases
  CAMPBELL'S Co reported third-quarter fiscal 2023 ended April 30, 2023 results: revenue $2,229, EPS $0.53. Guidance reaffirmed.
  - Period: third-quarter fiscal 2023 ended April 30, 2023
  - Revenue: $2,229
  - EPS: $0.53
  - Guidance: reaffirmed
  - Result: reported results
  source text: Three Months Ended Nine Months Ended ($ in millions, except per share) April 30, 2023 May 1, 2022 % Change April 30, 2023 May 1, 2022 % Change Net Sales As Reported (GAAP) $2,229 $2,130 5% $7,289 $6,575 11% Organic 5% 11% Earnings Before Interest and Taxes (EBIT) As Reported (GAAP) $254 $294 (14)% $1,040 $993 5% Adjusted $313 $321 (2)% $1,125 $1,028 9%
  evidence_url: https://www.sec.gov/Archives/edgar/data/16732/000001673223000074/0000016732-23-000074-index.htm

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