---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-26-000010"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2026-06-08T11:17:58+00:00"
generated_at: "2026-06-08T11:20:30.207013+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Campbell's Q3 net sales down 4% to $2.37B; adjusted EPS falls 32% to $0.50

## Summary
- 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.

## SEC filing metadata
- accession: 0000016732-26-000010
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2026-06-08T11:17:58+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16732/000001673226000010/0000016732-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673226000010/cpb-20260608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-26-000010
- JSON: https://secwatch.observer/filing/0000016732-26-000010.json
- Plain text: https://secwatch.observer/filing/0000016732-26-000010.txt

## Key facts
- Earnings Releases
  CAMPBELL'S Co reported third quarter fiscal 2026 ended May 3, 2026 results: revenue $2,366, EPS $0.41. Guidance reaffirmed.
  - Period: third quarter fiscal 2026 ended May 3, 2026
  - Revenue: $2,366
  - EPS: $0.41
  - Guidance: reaffirmed
  - Result: reported results
  source text: our portfolio and our ability to create shareholder value." Three Months Ended ($ in millions, except per share) May 3, 2026 April 27, 2025 % Change Net Sales As Reported (GAAP) $2,366 $2,475 (4)% Organic (4)% Earnings Before Interest and Taxes (EBIT) As Reported (GAAP) $239 $161 48% Adjusted $274 $362 (24)% Diluted Earnings Per Share As Reported (GAAP) $0.41
  evidence_url: https://www.sec.gov/Archives/edgar/data/16732/000001673226000010/0000016732-26-000010-index.htm

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