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CPB stock nears a 52-week low as weak snack sales, cost inflation and a muted outlook weigh on investor sentiment.
Campbell's (CPB 0.20%) reported fiscal 2025 third-quarter results on June 2, 2025, posting 1% organic net sales growth, adjusted EBIT increased 2%, and adjusted EPS of $0.73 (down 3% year over year), with full-year adjusted EPS now expected at the low end of prior guidance. Persistent softness in snacks tempered strong meals and beverages performance, as management confirmed accelerated cost savings initiatives and detailed precise tariff impact estimates.
CAMDEN, N.J.--(BUSINESS WIRE)--The Campbell's Company (NASDAQ:CPB ) today announced that Newsweek has named the company one of America's Greatest Workplaces 2025. “Our recipe for success is talented people, amazing brands and fantastic food,” said Mick Beekhuizen, Campbell's President and Chief Executive Officer. “We are committed to delivering for our people and creating a highly engaged culture to attract, grow and retain the best team in food.” America's Greatest Workplaces were identified b.
In the first half of 2023, Campbell's Co. executives were bragging about sales growth in the company's snacks division, helped in no small part by higher prices and its Goldfish crackers brand, which benefited from new flavors and popularity among teenagers. Last year, even as trends shifted, they said Goldfish had crossed $1 billion in sales, as consumers gobbled up new offerings like Goldfish Crisps.
Home-cooked meals are in, according to Campbell's, and snacks are out.
The Campbell's Company's organic sales returned to growth last quarter as penny-pinching consumers opted to eat in more. “Consumers are cooking at home at the highest levels since early 2020 and turning to our brands for value," Chief Executive Officer Mick Beekhuizen said in a statement Monday bloom.bg/4mJVrIO
We start a full week of trading this morning slightly in the red, based once again on — you guessed it — trade tensions. On Friday, President Trump accused China of violating its tariff agreement with the U.S., and late in the trading day Trump announced he would be doubling steel tariffs from 25% to 50%.
Campbell Soup Company (NYSE:CPB), known for its flagship canned soup products, reported fiscal third quarter results that topped Wall Street estimates, driven by strength in its meals and beverages segment. Sales for the three months ending April 27 were $2.48 billion, up 4% year-over-year and ahead of estimates of $2.43 billion.
CPB beats Q3 sales and earnings estimates as Meals & Beverages drives organic growth, but Snacks' weakness weighs on the full-year outlook.
The Campbell's Company (NASDAQ:CPB ) Q3 2025 Earnings Conference Call June 2, 2025 8:00 AM ET Company Participants Rebecca Gardy - SVP, Chief Investor Relations Officer Mick Beekhuizen - President and CEO Carrie Anderson - EVP and CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Peter Galbo - Bank of America Megan Clapp - Morgan Stanley Jim Salera - Stephens Operator Good morning, and welcome to the Campbell's Company Third Quarter Fiscal 2025 Earnings Conference Call. Today's conference is being recorded.