Campbell's (NASDAQ:CPB) Issues FY 2027 Earnings Guidance

Key Points

• Campbell’s issued weak fiscal 2027 guidance: adjusted EPS is expected at $1.65–$1.80 versus a $1.92 consensus estimate, while net sales are projected to decline 2%–4%.
• Fiscal fourth-quarter adjusted EPS fell to $0.39 from $0.62 a year earlier, and revenue dropped about 8% to $2.14 billion as inflation, tariffs, unfavorable volume and mix, and weak Snacks demand pressured results.
• The company cut its quarterly dividend 36% to $0.25 per share to prioritize debt reduction, while launching a cost-reduction program targeting approximately $500 million in annual savings.

Campbell's (NASDAQ:CPB - Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 1.650-1.800 for the period, compared to the consensus EPS estimate of 1.920. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CPB. Barclays reduced their target price on Campbell's from $21.00 to $19.00 and set an "underweight" rating on the stock in a research report on Monday, June 8th. DA Davidson raised Campbell's to a "hold" rating in a research report on Monday, July 6th. UBS Group boosted their price objective on shares of Campbell's from $17.00 to $18.00 and gave the company a "sell" rating in a report on Thursday, August 20th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $21.00 target price on shares of Campbell's in a research report on Monday. Finally, Bank of America lowered their target price on shares of Campbell's from $20.00 to $18.00 and set an "underperform" rating for the company in a research note on Tuesday, June 9th. Thirteen equities research analysts have rated the stock with a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $20.06.

Campbell's Stock Down 6.9%

Shares of CPB traded down $1.65 during mid-day trading on Thursday, hitting $22.13. 37,435,197 shares of the company's stock were exchanged, compared to its average volume of 8,280,191. The company has a market cap of $6.60 billion, a price-to-earnings ratio of 10.96, a P/E/G ratio of 2.41 and a beta of 0.03. Campbell's has a fifty-two week low of $19.56 and a fifty-two week high of $34.17. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.38 and a current ratio of 0.87. The stock's 50-day moving average is $22.76 and its 200-day moving average is $22.41.

Campbell's (NASDAQ:CPB - Get Free Report) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $0.39 earnings per share for the quarter, meeting analysts' consensus estimates of $0.39. Campbell's had a net margin of 6.12% and a return on equity of 18.04%. The firm had revenue of $2.14 billion during the quarter. During the same quarter last year, the firm posted $0.62 EPS. The company's revenue for the quarter was down 7.9% on a year-over-year basis. Campbell's has set its FY 2027 guidance at 1.650-1.800 EPS. On average, sell-side analysts anticipate that Campbell's will post 2.18 earnings per share for the current fiscal year.

Campbell's Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 1st will be paid a $0.25 dividend. The ex-dividend date is Thursday, October 1st. This represents a $1.00 annualized dividend and a dividend yield of 4.5%. Campbell's's payout ratio is 77.23%.

Campbell's News Summary

Here are the key news stories impacting Campbell's this week:

• Positive Sentiment: Management announced a cost-reduction program targeting approximately $500 million in annual savings, with proceeds expected to support debt reduction and balance-sheet improvement. The company also highlighted growth in its Meals & Beverages business and the contribution from its La Regina acquisition. Campbell’s reports $9.7 billion full-year sales and cost plan
• Neutral Sentiment: Campbell’s reported fiscal fourth-quarter adjusted EPS of $0.39 and revenue of approximately $2.14 billion. EPS was broadly in line with some consensus measures but below the $0.40 estimate cited by Zacks; revenue declined about 8% year over year. Campbell's Reports Fourth Quarter Fiscal 2026 Results
• Negative Sentiment: Profitability deteriorated sharply, with adjusted EPS falling from $0.62 to $0.39. Inflation, tariff-related supply-chain costs, unfavorable volume and mix, and a trademark impairment tied to the Cape Cod and Kettle brands pressured results. Weak Snacks demand offset improvement in Meals & Beverages. Campbell's Q4 Earnings Miss Estimates as Inflation Pressures Margins
• Negative Sentiment: The board cut the quarterly dividend by 36%, from $0.39 to $0.25 per share. Although the reduction is intended to accelerate debt repayment, it is a significant negative for income-focused shareholders and signals management is prioritizing financial repair. Campbell's slashes dividend, with shares taking a hit
• Negative Sentiment: Fiscal 2027 guidance calls for net sales to decline 2% to 4% and adjusted EPS of only $1.65 to $1.80, pointing to another difficult year amid pressured consumer spending and ongoing cost inflation. Campbell's forecasts annual sales and profit below estimates

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ankerstar Wealth LLC acquired a new position in shares of Campbell's in the 4th quarter valued at $29,000. Los Angeles Capital Management LLC acquired a new stake in Campbell's during the 4th quarter worth $29,000. IFP Advisors Inc purchased a new stake in Campbell's in the third quarter valued at $37,000. Geneos Wealth Management Inc. lifted its position in Campbell's by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Finally, McMillan Office Inc. acquired a new position in Campbell's in the fourth quarter valued at $45,000. 52.35% of the stock is currently owned by hedge funds and other institutional investors.

About Campbell's

Campbell's NASDAQ: CPB is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell's has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company's brand portfolio includes Campbell's Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source