Categories AlphaGraphs, Consumer, Earnings
Campbell’s Company (CPB) Q1 adj. earnings beat estimates; sales down 3%
The Campbell’s Company (NASDAQ: CPB) on Tuesday announced results for the first quarter of fiscal 2026, reporting a year-over-year decline in sales and adjusted profit. However, earnings topped Wall Street’s expectations.
First-quarter sales decreased to $2.68 billion from $2.77 billion in the corresponding quarter last year. Organic sales were down 1% year-over-year.
Adjusted earnings dropped 13% year-over-year to $0.77 per share in the October quarter, but exceeded estimates. Net earnings attributable to the company were $194 million or $0.65 per share in Q1, compared to $218 million or $0.73 per share last year.
For fiscal year 2026, the management continues to expect net sales to be down 2% to flat compared to fiscal year 2025. Organic sales are expected to be down 1% to up 1%. Adjusted EPS is expected to range between $2.40 and 2.55.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Costco Q1 Earnings Preview: Spotlight on margins, and member trends
Costco Wholesale Corporation’s (NASDAQ: COST) upcoming earnings report is expected to shed light on how the warehouse giant is navigating a dynamic consumer environment and tariff-related disruption. With its membership-based
Earnings Preview: General Mills (GIS) projected to report lower sales and earnings for Q2 2026
Shares of General Mills, Inc. (NYSE: GIS) stayed green on Monday. The stock has dropped 8% over the past three months. The branded foods company is scheduled to report its
Earnings Summary: CooperCompanies reports higher Q4 revenue, adj. profit
CooperCompanies (NYSE: COO) has reported an increase in revenues and adjusted earnings for the fourth quarter of fiscal 2025. The medical device maker also issued guidance for the first quarter
