secwatch.observer — SEC 8-K summary
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Issuer:     CAMPBELL'S Co (CPB)
CIK:        0000016732
Form:       8-K
Filed at:   2023-08-31T23:59:59+00:00
Accession:  0000016732-23-000105
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16732/000001673223000105/0000016732-23-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16732/000001673223000105/cpb-20230831.htm
  HTML page:      https://secwatch.observer/filing/0000016732-23-000105

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