Campbell Soup Company ( (CPB) ) has released its Q3 earnings. Here is a breakdown of the information Campbell Soup Company presented to its investors.
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Campbell Soup Company, a leading player in the food and beverage industry, is known for its iconic soup brands and a diverse portfolio that includes snacks and beverages. In its third-quarter fiscal 2025 earnings report, Campbell’s reported a 4% increase in net sales to $2.5 billion, driven by the acquisition of Sovos Brands. However, the company’s adjusted earnings per share (EPS) saw a slight decline of 3% to $0.73, reflecting higher interest expenses. The company’s Meals & Beverages segment experienced a 15% sales increase, bolstered by the Sovos acquisition, while the Snacks segment saw an 8% decline, impacted by divestitures and volume declines. Despite these mixed results, Campbell’s reaffirmed its full-year guidance, anticipating adjusted EPS at the lower end of its range due to challenges in the Snacks business. Looking ahead, Campbell’s remains focused on leveraging its scale for growth and long-term value creation, despite the dynamic operating environment.