Campbell Soup

At the Barclays conference, Campbell’s unveiled a comprehensive realignment plan that includes price increases (averaging 2.5–3% on roughly 60% of the portfolio), plant optimizations and a $500 million cost-savings program through 2030. Management expects fiscal 2027 to be a challenging year with organic sales down 2–4%, EBIT down 7–12% and EPS down 17–24%. Meals & beverages (notably Rao’s) remain the growth driver, while the snacks business continues to be under pressure; Goldfish is showing early signs of stabilization. The goal is to expand gross margin in the second half of the year and to reduce net leverage to about 3x within three to four years. » More on de.investing.com

Campbell Soup Company is prioritizing a return to core fundamentals in Snacks and accelerating innovation via a new Growth Office while targeting households with kids for Goldfish and national campaigns for Pepperidge Farm. The company announced a $500 million enterprise cost‑savings program through fiscal 2030, a dividend reset and consideration of a hybrid bond to refinance a $500 million maturity. Management expects FY2027 organic sales to trough in Q1 with margins improving in H2 after pricing actions, and projects modest Snacks improvement but continued volume pressure as price increases of about 4–5% are rolled out on 60% of the portfolio. » More on finance.yahoo.com

Campbell delivered adjusted EPS of $0.39 in the fourth fiscal quarter but missed revenue at $2.1 billion versus $2.15 billion expected. Management forecasts an organic net sales decline of about 3% for FY2027, a gross margin decline of 50–100 basis points and expects a weak first quarter in the snacks business. The company announced a $500 million cost‑savings program and price adjustments; the stock fell about 9.6% premarket and trades near its yearly low, while the dividend yield remains 7.2% after a cut. » More on de.investing.com