Sees FY25 revenue up 6%-8% year-over-year, consensus $10.3B. Based on the company’s year-to-date performance, Campbell’s (CPB) is reaffirming its full-year fiscal 2025 guidance provided on March 5, 2025, excluding the impact of tariffs. Adjusted EBIT and adjusted EPS are now expected to be at the low end of the guidance range due to the slower than anticipated recovery in the Snacks business. The current tariff situation is fluid in light of recent legal challenges; however, assuming the current tariff actions remain in place, the company estimates the net headwind of higher tariff-related costs could be up to an incremental of $0.03 to $0.05 per share to fiscal 2025 adjusted EPS. This is not factored into the company’s fiscal 2025 guidance as the tariff and trade environments are rapidly evolving.
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