Every material Form 8-K The Campbell's filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
Campbell's subsidiaries signed agreements on December 8, 2025 to acquire 49% stakes in La Regina, the company that currently produces all of Campbell's Rao's tomato-based pasta sauces. The total consideration is $286 million, with $146 million due in cash at closing and $140 million due on the first anniversary of closing, payable in cash or unregistered Campbell's shares at the company's discretion.
Total consideration is $286 million: $146 million in cash at closing and a $140 million second tranche due on the first anniversary of closing
Campbell's may pay the second tranche in cash or in unregistered shares, capped at 19.9% of outstanding capital stock
Remaining 51% stake is subject to call and put options, with the total equity consideration capped at $140 million
Deal is subject to customary closing conditions and has a long-stop outside date of June 8, 2026
Campbell's said Todd E. Cunfer, most recently CFO of Freshpet, will become Executive Vice President and Chief Financial Officer on October 20, 2025. Carrie L. Anderson, the current CFO, is leaving the role on the same date and is entitled to severance under company plans. A CFO change is a significant leadership event, and the filing details Cunfer's pay package.
Todd E. Cunfer, 61, named EVP and CFO effective October 20, 2025; previously CFO of Freshpet from December 2022
Base salary of $725,000; fiscal 2026 target bonus of 90% of base salary and long-term incentive target of 225% of base salary
One-time grant of $1,600,000 in time-lapse restricted stock units plus a $1,200,000 cash payment to offset forfeited awards from prior employer
Carrie L. Anderson leaving the CFO role effective October 20, 2025, with severance under existing company plans
Campbell's appointed Kelly L. Palumbo as Senior Vice President, Controller and Chief Accounting Officer, effective September 22, 2025, replacing Stanley Polomski, who is moving to a different role. The filing describes a routine change in the company's principal accounting officer, with compensation details disclosed for the new role.
Stanley Polomski, Senior Vice President and Controller, will transition to Senior Vice President, Business Process Optimization, effective September 22, 2025
Kelly L. Palumbo, 51, most recently served as Corporate Vice President, Finance and Corporate Controller at Charles River Laboratories since July 2023
Palumbo's base salary is $410,000 per year, with a fiscal 2026 target annual bonus of 55% of base salary and a long-term incentive target of 110% of base salary
Palumbo receives a one-time grant of restricted stock units valued at $200,000 and a cash payment of $300,000
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.
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.
Campbell's entered an Extension Agreement on August 5, 2025 that pushes the maturity of its $1.85 billion five-year credit agreement out one year, from April 16, 2029 to April 16, 2030. All other terms of the credit agreement remain in effect, so the change extends the company's borrowing runway without altering the facility's other conditions.
On July 17, 2025, Campbell's board elected Mary Alice Dorrance Malone, Jr. as a director, serving until the 2025 annual shareholder meeting. She was also named to the Compensation and Organization Committee and the Finance and Corporate Development Committee. The filing describes a routine board addition and does not report any financial results or guidance.
Board elected Mary Alice Dorrance Malone, Jr. as a director on July 17, 2025, effective the same date.
Malone, Jr. will serve until the 2025 annual shareholder meeting and until a successor is elected and qualified.
She joins the Compensation and Organization Committee and the Finance and Corporate Development Committee.
She will receive a pro-rated Board retainer under the 2025 non-employee director compensation program.
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.
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%.
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.
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.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every The Campbell's filing is on SEC EDGAR ↗. 8-K briefs of other companies →