earnings
confidence high
sentiment negative
materiality 0.75
Campbell's Q3 net sales down 4% to $2.37B; adjusted EPS falls 32% to $0.50
CAMPBELL'S Co
- Net sales $2,366M (-4% reported and organic); organic decline driven by volume/mix.
- Adjusted EPS $0.50 vs $0.73 YoY; adjusted EBIT $274M (-24%).
- Meals & Beverages op earnings -16%; Snacks op earnings -32%; U.S. soup sales -8%.
- Cost savings delivered $20M in Q3; cumulative $200M toward $375M FY2028 target.
- Reaffirmed FY2026 guidance: organic net sales -2% to -1%, adj. EPS $2.15-$2.25.