The headline numbers for Campbell (CPB) give insight into how the company performed in the quarter ended April 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Campbell's (CPB) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.73 per share a year ago.
Campbell's NASDAQ: CPB reported lower third-quarter fiscal 2026 results as weaker volumes, inflation and supply chain costs weighed on sales and profitability, while management reaffirmed its full-year outlook and said it is continuing to invest behind key brands.
Campbell's sales declined in the fiscal third quarter, driven in part by further declines in its snacks business, but said its profit rose.
Campbell's reports fiscal third-quarter earnings on Monday as investors look for evidence that weakness in its snacks business is easing after a difficult first half.
CPB gears up for the June 8 Q3 report with sales and EPS expected to fall as Snacks and Fresh Bakery stay weak, while Meals & Beverages help offset.
Besides Wall Street's top-and-bottom-line estimates for Campbell (CPB), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2026.
Campbell (CPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Campbell's Company trades near industry-low EV/EBITDA multiples, making it an attractive takeover target. GLP-1 medicine-driven declines in processed food sales and high debt have pressured CPB's profits and share price since 2022. CPB's 7.7x trailing and 8x forward EV/EBITDA ratios are compelling, especially if a recession or bear market emerges in 2026.
The Campbell's Company trades near all-time lows, reflecting persistent industry-wide headwinds and ongoing fundamental deterioration in sales and profits. CPB maintains a forward P/E of 9 and a dividend yield of 7.75%, offering value if even modest operational improvements materialize. Input cost inflation, particularly from transport and soft commodities, poses near-term profit risks as CPB struggles to pass costs to consumers.
The Campbell's Company's distressed state, driven by competitive and secular headwinds, and elevated debt level may serve as a catalyst that will unlock the company's value. Campbell's predicaments will coerce the company to take actions such as divestitures, resulting in greater strategic focus and conservative capital structure, imperative in today's CPG market. With an earnings yield of roughly 10.5%, Campbell's current valuation offers good value when compared to alternatives available to investors.
Campbell (CPB) reported earnings 30 days ago. What's next for the stock?