Campbell's reported third-quarter fiscal 2026 adjusted earnings per share of 50 cents, surpassing the Zacks Consensus Estimate of 48 cents, while net sales of $2,366 million missed expectations of $2,387 million. Both earnings and sales declined year over year, with adjusted EPS down 32% and net sales down 4%, driven by lower volume, unfavorable product mix, and tariff-related costs. The company reaffirmed its fiscal 2026 outlook, projecting organic net sales to decline 1-2% and adjusted EPS in the range of $2.15-$2.25. Shares have risen about 3.5% since the last earnings report, outperforming the S&P 500.
Campbell’s CoEarnings beat estimates but sales missed; both declined YoY; outlook reaffirmed; stock outperformed S&P 500.