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AI brief of an SEC Form 8-K · The Campbell's (CPB)

Campbell's Q1 sales fall 3% to $2.7 billion; adjusted EPS down 13% to $0.77

Negative Impact 3 of 5 earnings Written later

Campbell's reported first-quarter fiscal 2026 results for the quarter ended November 2, 2025. Net sales fell 3% to $2.7 billion and EBIT fell 8% to $336 million, while GAAP EPS fell 10% to $0.65 and adjusted EPS fell 13% to $0.77. The company reaffirmed its full-year fiscal 2026 guidance and agreed to acquire a 49% interest in La Regina, the maker of Rao's pasta sauces, for $286 million.

Key points

  • Net sales were $2.7 billion, down 3%; organic net sales fell 1%, mainly from lower volume and mix.
  • Adjusted EPS was $0.77 versus $0.89 a year earlier; GAAP EPS was $0.65 versus $0.72.
  • Full-year fiscal 2026 guidance was reaffirmed, including adjusted EPS of $2.40 to $2.55.
  • The La Regina deal totals $286 million, is expected to close in the second half of fiscal 2026, and is expected to be neutral to fiscal 2026 adjusted EPS guidance.

The filing

CompanyThe Campbell's (CPB)
Form8-K, current report
Filed with the SECDec 9, 2025, 7:16 AM ET
Accession number0000016732-25-000125

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 December 09, 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.