---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-24-000038"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:43:23.675881+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Campbell Soup Q2 adj EPS $0.80 flat YoY; reaffirms FY24 outlook; Sovos deal close expected mid-March

## Summary
- Net sales $2.456B (-1% reported and organic); GAAP EPS $0.68 vs $0.77 prior year.
- Adjusted EBIT $364M (+1%); adjusted EPS $0.80 comparable to prior year; margin expansion in both segments.
- Meals & Beverages sales -2% (declines in U.S. soup, beverages); Snacks flat (organic +1%, power brands +4%).
- Reaffirms FY2024 guidance: net sales -0.5% to +1.5%, adj EPS $3.09-$3.15.
- Expects to complete Sovos Brands acquisition week of March 11, 2024; not included in FY guidance.

## SEC filing metadata
- accession: 0000016732-24-000038
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2024-03-06T23:59:59+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/16732/000001673224000038/0000016732-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673224000038/cpb-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-24-000038
- JSON: https://secwatch.observer/filing/0000016732-24-000038.json
- Plain text: https://secwatch.observer/filing/0000016732-24-000038.txt

## Key facts
- Earnings Releases
  CAMPBELL'S Co updated its second-quarter fiscal 2024 ended January 28, 2024 guidance (reaffirmed).
  - Period: second-quarter fiscal 2024 ended January 28, 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: Campbell Soup Company issued a press release announcing financial results for the quarter ended January 28, 2024, a copy of which is attached as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/16732/000001673224000038/0000016732-24-000038-index.htm

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