Campbell's Q3 sales up 4% to $2.5 billion; GAAP EPS down 50% on impairment
Campbell's reported third-quarter fiscal 2025 results for the quarter ended April 27, 2025. Net sales rose 4% to $2.5 billion, but GAAP diluted EPS fell 50% to $0.22 after a $150 million non-cash impairment charge on the Snyder's of Hanover trademark. The company reaffirmed its full-year guidance but said adjusted EPS is now expected at the low end of the $2.95 to $3.05 range, and tariffs could add up to $0.03 to $0.05 per share in headwinds.
Key points
- Net sales rose 4% to $2.5 billion, while organic net sales rose 1%; adjusted EBIT rose 2% to $362 million.
- GAAP EPS was $0.22 versus $0.44; adjusted EPS fell 3% to $0.73 from $0.75.
- Full-year fiscal 2025 adjusted EPS guidance of $2.95 to $3.05 was reaffirmed, now expected at the low end due to a slower Snacks recovery.
- Snacks organic net sales fell 5%, and segment operating earnings fell 13%.
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 June 02, 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.