secwatch.observer — SEC 8-K summary
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Issuer:     CAMPBELL'S Co (CPB)
CIK:        0000016732
Form:       8-K
Filed at:   2023-06-07T23:59:59+00:00
Accession:  0000016732-23-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16732/000001673223000074/0000016732-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16732/000001673223000074/cpb-20230607.htm
  HTML page:      https://secwatch.observer/filing/0000016732-23-000074

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