earnings
confidence high
sentiment negative
materiality 0.65
Campbell's Q1 adjusted EPS down 13% to $0.77; net sales -3%; acquires 49% of La Regina for $286M
CAMPBELL'S Co
2026-Q1 EPS reported
$0.65
revenue$2,677,000,000
- Net sales fell 3% to $2.677B (organic -1%); adjusted EPS $0.77 vs $0.89; adjusted EBIT down 11% to $383M.
- Meals & Beverages organic sales -2%; Snacks organic -1%; both segments saw volume declines.
- Acquiring 49% stake in Rao's sauce maker La Regina for $286M; expected close H2 FY26, neutral to FY26 guidance.
- Reaffirmed FY26 guidance: organic net sales -1% to +1%; adjusted EPS $2.40-$2.55.
- Cost savings delivered $15M in Q1; cumulative $160M toward $375M fiscal 2028 target.