---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-24-000120"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2024-08-29T23:59:59+00:00"
generated_at: "2026-05-31T07:00:06.014744+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Campbell Q4 GAAP EPS -$0.01; adj. EPS $0.63 (+26%); FY2025 guide adj. EPS $3.12-$3.22

## Summary
- Q4 net sales $2.3B (+11% reported, -1% organic); adj. EBIT $329M (+36%); GAAP EBIT $77M includes $129M impairment on Pop Secret/Allied.
- FY2024 GAAP EPS $1.89 (down 34%); adj. EPS $3.08 (+3%); returned $512M to shareholders ($445M dividends).
- FY2025 guidance: net sales +9-11% (incl. Sovos full yr, Pop Secret divest); adj. EPS $3.12-$3.22 (+1-4%).
- Sovos Brands integration ahead of expectations; Pop Secret divested Aug 26; cost savings $950M of $1B.
- Meals & Beverages Q4 sales +28% (acq); Snacks -3% organic; Soup volumes improved sequentially.

## SEC filing metadata
- accession: 0000016732-24-000120
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2024-08-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16732/000001673224000120/0000016732-24-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673224000120/cpb-20240829.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-24-000120
- JSON: https://secwatch.observer/filing/0000016732-24-000120.json
- Plain text: https://secwatch.observer/filing/0000016732-24-000120.txt

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