secwatch.observer — SEC 8-K summary
======================================

Issuer:     CAMPBELL'S Co (CPB)
CIK:        0000016732
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0000016732-25-000125
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Campbell's Q1 adjusted EPS down 13% to $0.77; net sales -3%; acquires 49% of La Regina for $286M
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16732/000001673225000125/0000016732-25-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16732/000001673225000125/cpb-20251209.htm
  HTML page:      https://secwatch.observer/filing/0000016732-25-000125

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