---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-23-000105"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:17:40.466607+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Campbell Q4 net sales +4% to $2.1B; adj. EPS $0.50 (-11%); FY2024 adj. EPS guide $3.09-$3.15

## Summary
- Q4 net sales $2,068M (+4% reported, +5% organic); adjusted EPS $0.50 (-11% YoY).
- Full-year FY2023 net sales $9,357M (+9% reported, +10% organic); adjusted EPS $3.00 (+5% YoY).
- FY2024 guidance: organic net sales growth 0%-2%, adjusted EPS $3.09-$3.15 (+3%-5%).
- Pending Sovos Brands acquisition expected to close by end of Dec 2023; not included in FY2024 guidance.
- Snacks segment Q4 operating earnings +12%; Meals & Beverages -18%.

## SEC filing metadata
- accession: 0000016732-23-000105
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16732/000001673223000105/0000016732-23-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673223000105/cpb-20230831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-23-000105
- JSON: https://secwatch.observer/filing/0000016732-23-000105.json
- Plain text: https://secwatch.observer/filing/0000016732-23-000105.txt

## Key facts
- Earnings Releases
  CAMPBELL'S Co reported the full-year fiscal 2023 ended July 30, 2023 results: revenue $9.4 billion, EPS $2.85. Guidance initiated.
  - Period: the full-year fiscal 2023 ended July 30, 2023
  - Revenue: $9.4 billion
  - EPS: $2.85
  - Guidance: initiated
  - Result: reported results
  source text: Adjusted EBIT decreased 10% to $242 million. • Earnings Per Share (EPS) increased to $0.57. Adjusted EPS decreased 11% to $0.50. For the full year: • Net Sales increased to $9.4 billion. Organic Net Sales increased 10% . • EBIT increased to $1.3 billion. Adjusted EBIT increased 5% to $1.4 billion. • EPS increased to $2.85. Adjusted EPS increased 5% to $3.00. •
  evidence_url: https://www.sec.gov/Archives/edgar/data/16732/000001673223000105/0000016732-23-000105-index.htm
- Earnings Releases
  CAMPBELL'S Co reported the quarter ended July 30, 2023 results: revenue $2.1 billion, EPS $0.57.
  - Period: the quarter ended July 30, 2023
  - Revenue: $2.1 billion
  - EPS: $0.57
  - Result: reported results
  source text: filing. --- EX-99.1 (EX-99.1) --- CAMPBELL REPORTS FOURTH-QUARTER FISCAL 2023 RESULTS PROVIDES FULL-YEAR FISCAL 2024 GUIDANCE For the fourth quarter: • Net Sales increased to $2.1 billion. Organic Net Sales increased 5%. • Earnings Before Interest and Taxes (EBIT) increased to $272 million. Adjusted EBIT decreased 10% to $242 million. • Earnings Per Share (EPS)
  evidence_url: https://www.sec.gov/Archives/edgar/data/16732/000001673223000105/0000016732-23-000105-index.htm

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