Campbell Soup Company (CPB) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

at the same location following the Q&A with a full call transcript, including the Q&A session, available within 24 hours. Slide 2 outlines today's agenda. Mick will provide insights into our first quarter performance as well as our in-market performance by division. Todd will then discuss the financial results of the quarter in more detail and review our guidance for the full fiscal year 2026. Please note that all references to the first quarter in market performance refer to the 13-week period ending November 2, 2025, compared to the 13-week period ending November 3, 2024. In addition, beginning in fiscal 26, we are reporting share of our Cape Cod and Kettle brand chips against the total potato chip category, replacing the prior comparison to the Kettle cooked potato chip category. Late July will be compared against the total tortilla chip category rather than the natural and organic tortilla chip segment. We believe these updates more accurately reflect our brand's in-market performance and underscore their strong positioning within the broader chips category. And finally, beginning in fiscal 2026, the snacking and meals and beverages retail business in Latin America is managed under our meals and beverages segment. Through the fourth quarter of fiscal 2025, The company's Latin America retail business was managed under the snack segment. Prior period results have been adjusted to reflect this change. On our call today, we will make forward-looking statements which reflect our current expectations. These statements rely on assumptions and estimates which could be inaccurate and are subject to risk. Please refer to slide three of our presentation or our SEC filings for a list of factors that could cause our actual results to vary materially from those anticipated in ...