Campbell’s reports Q4 adjusted EPS 62c, consensus 57c

Reports Q4 revenue $2.32B, consensus $2.33B. Mick Beekhuizen, Campbell’s (CPB) CEO, said, “Our fiscal 2025 results were slightly ahead of our expectations, driven by our team’s focus on execution in a dynamic operating environment. Meals & Beverages benefited from the continued strong in-market performance of our leadership brands, outpacing category growth as consumers continued to cook at home. We are pleased with Rao’s post-acquisition momentum as it approaches becoming our fourth $1 billion dollar brand, alongside Campbell’s, Goldfish and Pepperidge Farm. While our Snacks business weathered category softness, we delivered a modest sequential improvement to net sales and in-market consumption in the fourth quarter. We remain confident in our Snacks portfolio and are taking decisive actions to return the business to sustained growth.”