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Campbell's said it's currently too difficult to estimate how tariffs will affect prices and sales.
Campbell's (CPB) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.80 per share a year ago.
Iconic soup and snack food company Campbell's (CPB) reported mixed fiscal 2025 second-quarter earnings on Wednesday, March 5. The highlight was a 9% rise in net sales to $2.68 billion, largely attributed to its acquisition of Sovos Brands.
Campbell's says it failed to achieve a ‘sequential top-line improvement' in the second quarter.
Campbell's Co lowered its annual sales and profit forecasts on Wednesday, signaling weak demand for snacks amid intense competition from cheaper private-label brands.
CAMDEN, N.J.--(BUSINESS WIRE)--The Campbell's Company (NASDAQ:CPB) today reported results for its second quarter fiscal 2025 ended January 26, 2025. Unless otherwise stated, all comparisons are to the same period of fiscal 2024. CEO Comments Mick Beekhuizen, Campbell's President and CEO, said “Second quarter earnings were in line with our expectations despite the dynamic operating environment. Given the softness in some of our snacking categories, the anticipated sequential top-line improvement.
The Campbell's Company CPB will release its second-quarter financial results, before the opening bell, on Wednesday.
Campbell (CPB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Get a deeper insight into the potential performance of Campbell (CPB) for the quarter ended January 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
CPB's Q2 results are likely to reflect gains from the robust Meals & Beverages segment, while softness in the Snacks unit raises concerns.