Campbell's (CPB) shares fell nearly 3% Wednesday morning after the snack and soup maker posted a decline in its quarterly results and cut its full-year outlook on the back of soft demand for its snack foods.
Campbell's said it's currently too difficult to estimate how tariffs will affect prices and sales.
Campbell's (CPB) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.80 per share a year ago.
Iconic soup and snack food company Campbell's (CPB) reported mixed fiscal 2025 second-quarter earnings on Wednesday, March 5. The highlight was a 9% rise in net sales to $2.68 billion, largely attributed to its acquisition of Sovos Brands.
Campbell's says it failed to achieve a ‘sequential top-line improvement' in the second quarter.
Campbell's Co lowered its annual sales and profit forecasts on Wednesday, signaling weak demand for snacks amid intense competition from cheaper private-label brands.
The Campbell's Company CPB will release its second-quarter financial results, before the opening bell, on Wednesday.
Campbell (CPB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Get a deeper insight into the potential performance of Campbell (CPB) for the quarter ended January 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
CPB's Q2 results are likely to reflect gains from the robust Meals & Beverages segment, while softness in the Snacks unit raises concerns.
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.
CPB has sold its Noosa yogurt business to Lakeview Farms to focus on core brands and streamline operations.