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Campbell's Fiscal Q4 Adjusted Earnings, Net Sales Decline; Quarterly Dividend Lowered; Fiscal 2027 Outlook Set

Campbell's Fiscal Q4 Adjusted Earnings, Net Sales Decline; Quarterly Dividend Lowered; Fiscal 2027 Outlook Set

MT newswireMT newswire2026/09/03 11:37
07:37 AM EDT, 09/03/2026 (MT Newswires) -- Campbell's (CPB) reported fiscal Q4 adjusted earnings Thursday of $0.39 per diluted share, down from $0.62 a year earlier. That result matched the average estimate of analysts polled by FactSet. Net sales for the quarter ended Aug. 2 were $2.14 billion, down from $2.32 billion a year earlier. Analysts expected $2.14 billion. For fiscal 2027, the company expects $1.65 to $1.80 in adjusted EPS and a 2% to 4% decline in net sales. Analysts expect $1.83 in adjusted EPS. Campbell's also said it has lowered its quarterly dividend to $0.25 per share, down from $0.39 per share in the prior quarter. The new dividend is payable Nov. 2 to shareholders of record as of Oct. 1. In addition, the company launched a new cost cutting program that aims to generate $500 million in savings by fiscal 2030. Shares of Campbell were down more than 6% in recent Thursday premarket activity.
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