secwatch.observer — SEC 8-K summary
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Issuer:     CAMPBELL'S Co (CPB)
CIK:        0000016732
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0000016732-24-000198
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16732/000001673224000198/0000016732-24-000198-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16732/000001673224000198/cpb-20241201.htm
  HTML page:      https://secwatch.observer/filing/0000016732-24-000198

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