Campbell's Q4 sales rise 1%, but adjusted EPS falls 2%; FY26 profit outlook cut
Campbell's reported fourth-quarter fiscal 2025 net sales up 1% to $2.3 billion, but organic net sales fell 3% and adjusted EPS fell 2% to $0.62. The company guided fiscal 2026 adjusted EPS to $2.40 to $2.55, down 12% to 18% on a comparable 52-week basis, citing tariff-related cost pressures, so shareholders face lower expected earnings next year.
Key points
- Q4 net sales rose 1% to $2.3 billion; organic net sales decreased 3%; adjusted EBIT fell 2% to $321 million.
- Fiscal 2026 adjusted EPS guidance is $2.40 to $2.55, down (18)% to (12)% versus the 52-week base of $2.91.
- Full-year GAAP EPS rose to $2.01 from $1.89, while full-year adjusted EPS fell 4% to $2.97.
- Cost savings target raised 50% to $375 million by the end of fiscal 2028 from $250 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits 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 September 03, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.