Campbell's Q2 sales rise 9% on Sovos deal; GAAP EPS falls 15%, full-year guidance cut
Campbell's reported fiscal second-quarter 2025 net sales up 9% to $2.7 billion, driven by the Sovos Brands acquisition, while organic net sales fell 2%. Adjusted EPS fell 8% to $0.74, mainly reflecting higher net interest expense, and the company lowered its full-year adjusted EPS outlook to $2.95 to $3.05 from $3.12 to $3.22, which matters to shareholders because it reduces expected profit growth for the year.
Key points
- Net sales rose 9% to $2.7 billion; organic net sales decreased 2%, with flat volume/mix and net price realization down 2%.
- GAAP diluted EPS was $0.58 versus $0.68; adjusted EPS was $0.74, down 8%.
- Full-year fiscal 2025 adjusted EBIT growth was cut to 3% to 5% from 9% to 11%; adjusted EPS guidance was lowered to $2.95 to $3.05.
- The noosa yoghurt business was sold on February 24, 2025 and is estimated to reduce net sales by about 1 percentage point.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.