The Campbell's Company (CPB)

The company now

The Campbell's Company reported fourth-quarter fiscal 2026 results on September 3, 2026, with net sales down 8% to $2.1 billion and down 1% on an organic basis 1.

For the full year, net sales fell 5% to $9.7 billion, and adjusted earnings per share, profit per share before one-off items, fell 27% to $2.17 1.

The company blamed top-line softness and inflation-driven margin pressure, and chief executive Mick Beekhuizen said performance is not where it needs to be 1.

The board cut the quarterly dividend by 36% to $0.25 a share from $0.39, to speed up debt reduction 1. Food Dive reported that the company is closing two snack plants and cut 13% of its salaried workforce 3.

Snacks is the open question: its organic net sales fell 6% in the quarter, and the company guides fiscal 2027 net sales down 2% to 4% 1.

On October 1, 2026, it priced $300 million of notes due in 2057 5.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.