---
schema_version: "secwatch.filing_event.v1"
accession: "0000016732-26-000020"
form_type: "8-K"
ticker: "CPB"
cik: "0000016732"
company_name: "CAMPBELL'S Co"
filed_at: "2026-09-03T11:17:14+00:00"
generated_at: "2026-09-03T11:20:21.029607+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Campbell's Q4: sales -8%, adj EPS $0.39 (-37%); dividend cut 36%; FY27 adj EPS guide $1.65-$1.80

## Summary
- Q4 net sales $2.1B (-8% reported, -1% organic); adjusted EBIT $242M (-25%); adjusted EPS $0.39 (-37%).
- Full-year net sales $9.7B (-5%); adjusted EPS $2.17 (-27%); operating cash flow $1.0B.
- Dividend cut 36% to $0.25/share quarterly ($1.00 annualized), payable Nov 2, 2026 to holders of record Oct 1, 2026.
- New cost savings program targets $500M by FY2030; $117M impairment on Cape Cod and Kettle Brand trademarks.
- FY2027 guidance: net sales -4% to -2% organic, adjusted EPS $1.65-$1.80 (down 24%-17% from $2.17).

## SEC filing metadata
- accession: 0000016732-26-000020
- form_type: 8-K
- ticker: CPB
- cik: 0000016732
- company_name: CAMPBELL'S Co
- filed_at: 2026-09-03T11:17:14+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/16732/000001673226000020/0000016732-26-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16732/000001673226000020/cpb-20260903.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000016732-26-000020
- JSON: https://secwatch.observer/filing/0000016732-26-000020.json
- Plain text: https://secwatch.observer/filing/0000016732-26-000020.txt

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