The Campbell’s Company (CPB) ticker CPB Financial Results Summary

# Campbell’s Company (CPB) Q4 2025 Financial Results Summary

The Campbell’s Company (NASDAQ: CPB) released its fourth-quarter fiscal 2025 results on September 3, 2025. The report outlines the financial performance for the fourth quarter, which ended on August 3, 2025, along with a retrospective of the full fiscal year.

## Fourth-Quarter Highlights

– **Net Sales**:
– Increased **1%** to **$2.3 billion** from **$2.293 billion** a year ago.
– Decreased **3%** on an organic basis.

– **EBIT (Earnings Before Interest and Taxes)**:
– Increased to **$269 million** from **$77 million** in the previous year (note: not meaningful percentage change).
– Adjusted EBIT decreased **2%** to **$321 million** from **$329 million**.

– **Earnings Per Share (EPS)**:
– Increased to **$0.48** from a loss of **$0.01** per share in Q4 FY24 (note: not meaningful percentage change).
– Adjusted EPS decreased **2%** to **$0.62** from **$0.63**.

## Full-Year Highlights (Fiscal 2025)

– **Net Sales**:
– Increased **6%** to **$10.253 billion** from **$9.636 billion**.
– Decreased **1%** on an organic basis.

– **EBIT**:
– Increased to **$1.124 billion**, up **12%** from **$1 billion** in FY24.
– Adjusted EBIT increased **2%** to **$1.487 billion** from **$1.454 billion**.

– **EPS**:
– Increased to **$2.01** from **$1.89** (an increase of **6%**).
– Adjusted EPS decreased **4%** to **$2.97** from **$3.08**.

– **Cash Flow**:
– Cash flow from operations was **$1.131 billion**.
– Returned **$521 million** to shareholders, including **$459 million** in dividends.

## Dividend and Share Repurchase

– Campbell’s reported a dividend payout of **$459 million** for the fiscal year.
– The company repurchased approximately **$62 million** worth of common stock in the fiscal year.
– As of the report date, approximately **$198 million** remains under its anti-dilutive share repurchase program.

## Segment Performance

– **Meals & Beverages**:
– Net sales increased by **$1,202 million**, with a slight decline of **3%** in organic sales.
– **Snacks**:
– Net sales increased by **$1,119 million**, with a **2%** growth; however, organic sales decreased by **2%**.

## Guidance for Fiscal 2026

Looking ahead, Campbell’s has set forth guidance for fiscal 2026 considering various operational pressures and market dynamics:

– **Organic Net Sales**: Expected to be down **1% to 1%**.
– **Adjusted EBIT**: Expected to decline **13% to 9%**.
– **Adjusted EPS**: Projected to drop by **18% to 12%**.

### Key Factors Affecting Guidance

1. **Divestitures**: The impacts from divestitures of Pop Secret and noosa expected to reduce net sales, EBIT, and adjusted EPS by approximately **1%** and dilutive by **$0.04**.

2. **Input Cost Pressures**: Significant inflation and tariff pressures are anticipated to affect the company’s earnings outlook.

3. **Market Trends**: An increased focus on premium brands and innovation initiatives are expected to help stabilize sales momentum in Meals & Beverages and Snacks.

### Summary of Financial Metrics

– **Gross Profit**: Increased to **$705 million** from **$675 million**.
– **Gross Profit Margin**: Improved to **30.4%** from **29.4%**.
– **Marketing & Selling Expenses**: Increased by **7%** to **$202 million**.
– **Administrative Expenses**: Decreased **5%** to **$172 million**.

The company continues to focus on enhancing operational efficiency while navigating through ongoing economic challenges.

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For further inquiry and detailed financial results, refer to Campbell’s investor relations website or the specific investor presentation linked in their report.

### CONSOLIDATED STATEMENTS OF EARNINGS (unaudited)

The amounts are in millions.

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### CONDENSED CONSOLIDATED BALANCE SHEETS

The amounts are in millions.