---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-26-000004"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T14:51:19.293252+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Campbell's Q2 net sales down 5% to $2.6B; adj. EPS falls 31% to $0.51; slashes FY2026 guidance

## Summary
- Net sales $2.564B, down 5% (organic -3%); adjusted EPS $0.51 vs $0.74 last year.
- Snacks segment operating earnings fell 39% on 6% organic sales decline; Meals & Beverages -15%.
- Storm-related disruptions in January cut sales ~1%, adj. EBIT ~$14M, adj. EPS ~$0.04.
- Full-year guidance lowered: organic net sales now -2% to -1% (prior -1% to +1%); adj. EPS $2.15-$2.25 (prior $2.40-$2.55).
- CEO cites weaker Snacks performance; accelerating cost savings to offset tariff headwinds.

## SEC filing metadata
- accession: 0000016732-26-000004
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16732/000001673226000004/0000016732-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673226000004/cpb-20260311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-26-000004
- JSON: https://secwatch.observer/filing/0000016732-26-000004.json
- Plain text: https://secwatch.observer/filing/0000016732-26-000004.txt

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