---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-24-000198"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T09:55:56.494625+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Campbell's reports Q1 adj EPS $0.89, raises dividend 5%, CEO Clouse to retire; Beekhuizen named CEO

## Summary
- Q1 adj EPS $0.89 (-2% YoY); net sales $2.772B (+10% reported, -1% organic).
- Quarterly dividend raised 5% to $0.39/share, payable Jan 27, 2025 to holders of record Jan 2.
- CEO Mark Clouse to retire Jan 31, 2025; will become President of NFL's Washington Commanders.
- Mick Beekhuizen elected President and CEO effective Feb 1, 2025; previously President, Meals & Beverages.
- Full-year FY2025 guidance reaffirmed: adj EPS $3.12–$3.22, organic net sales growth 0%–2%.

## SEC filing metadata
- accession: 0000016732-24-000198
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16732/000001673224000198/0000016732-24-000198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673224000198/cpb-20241201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-24-000198
- JSON: https://secwatch.observer/filing/0000016732-24-000198.json
- Plain text: https://secwatch.observer/filing/0000016732-24-000198.txt

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