Business
Campbell's Reports Fourth Quarter Fiscal 2025 Results; Provides Full-Year Fiscal 2026 Guidance
For the fourth quarter: Net Sales increased 1% to $2.3 billion and decreased 3% on an organic basis. Earnings Before Interest and Taxes (EBIT) increased to
About this update from The Campbell's Company
[{"type":"text","content":"\nFor the fourth quarter:\n\n\n\nNet Sales increased 1% to $2.3 billion and decreased 3% on an organic basis.\n\n\n\nEarnings Before Interest and Taxes (EBIT) increased to $269 million. Adjusted EBIT decreased 2% to $321 million.\n\n\n\nEarnings Per Share (EPS) increased to $0.48. Adjusted EPS decreased 2% to $0.62. \n\n\n\nFor the full year:\n\n\n\nNet Sales increased 6% to $10.3 billion and decreased 1% on an organic basis.\n\n\n\nEBIT increased to $1.1 billion. Adjusted EBIT increased 2% to $1.5 billion including the impact of the Sovos Brands acquisition.\n\n\n\nEPS increased to $2.01. Adjusted EPS decreased 4% to $2.97.\n\n\n\nCash flow from operations was $1.1 billion; returned $521 million to shareholders including $459 million in dividends.\n\n\n\n CAMDEN, N.J.--(BUSINESS WIRE)-- The Campbell's Company (NASDAQ:CPB) today reported results for its fourth quarter and full-year fiscal 2025 ended August 3, 2025. Unless otherwise stated, all comparisons are to the same period of fiscal 2024. The Sovos Brands, Inc. (Sovos Brands) acquisition (also referred to as the acquisition) was completed on March 12, 2024. Fiscal 2025 was a 53-week year, with the additional week falling in the fourth quarter. The additional week is estimated to have contributed 2% each to net sales, adjusted EBIT and adjusted EPS (or $0.06 per share) to full-year fiscal 2025 results.\n\nCEO Comments:\nMick Beekhuizen, Campbell’s Chief Executive Officer, said, “Our fiscal 2025 results were slightly ahead of our expectations, driven by our team's focus on execution in a dynamic operating environment. Meals & Beverages benefited from the continued strong in-market performance of our leadership brands, outpacing category growth as consumers continued to cook at home. We are pleased with Rao’s post-acquisition momentum as it approaches becoming our fourth $1 billion dollar brand, alongside Campbell’s, Goldfish and Pepperidge Farm. While our Snacks business weathered category softness, we delivered a modest sequential improvement to net sales and in-market consumption in the fourth quarter. We remain confident in our Snacks portfolio and are taking decisive actions to return the business to sustained growth.”\n\n\nBeekhuizen continued, “Going into fiscal 2026, we're focused on delivering today while building for tomorrow - with an increased emphasis on deliverin...