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Earnings Data
Report Date
Aug 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.4Last Year’s EPS
0.62Same Quarter Last Year
Moderate Sell
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: clear operational and portfolio initiatives (SG&A reduction plan, RGM improvements, Goldfish stabilization, M&B momentum, tariff refund and acquisition margin benefit) are positives, but significant macro and company‑specific headwinds (potentially 5%–6% inflation, $40M incentive comp reset, gross margin deterioration, Snacks and salty category pressure, share dilution and muted net sales outlook) temper near‑term outlook. Management has active mitigation plans, but risks are substantial and likely to constrain near‑term earnings.Company Guidance
Tariff Refund Benefit for Q4
Company projects tariff refunds to provide a $0.03–$0.04 per share benefit in Q4 (part direct refund and part via vendors), partially offsetting higher fuel and logistics costs in the quarter.
Sequential Improvement in Snacks EBIT Margin
Snacks EBIT margin improved from ~7% in Q2 to ~10% in Q3 (≈ +3 percentage points sequentially), driven by lower trade spend and temporarily lower marketing.
Meals & Beverages (M&B) Momentum
M&B showed consistent growth with at‑home cooking trends remaining resilient; consumption running slightly positive and a $30M ERP-related lap from Q3 to Q4 expected to boost Q4 net sales.
Acquisition Contribution to Margin
Recent acquisition (La Regina/Coman contribution) is expected to add ~70–80 basis points to margins as it rolls into the P&L in Q4.
Operational and SG&A Productivity Actions
Company announced a $100M SG&A takeout plan over the next couple of years (early retirement package already implemented) and is accelerating savings and productivity to offset cost pressures.
Goldfish Stabilization and Price-Pack Strength
Goldfish core household-with-kids focus has stabilized over the last two quarters; multipacks are growing ~6% over the last 13 weeks, supporting both volume and mix improvement potential.
Hedging and Near-Term Hedge Coverage
Management stated they are almost fully hedged for Fiscal 2026 (ending July), reducing near-term commodity/energy cost noise for the current fiscal year.
CPB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CPB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 11, 2026 | $23.85 | $22.16 | -7.05% |
Mar 11, 2026 | $23.85 | $22.16 | -7.05% |
Dec 09, 2025 | $28.59 | $27.10 | -5.22% |
Sep 03, 2025 | $29.58 | $31.72 | +7.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Campbell Soup Company (CPB) report earnings?
Campbell Soup Company (CPB) is schdueled to report earning on Aug 27, 2026, Before Open (Confirmed).
What is Campbell Soup Company (CPB) earnings time?
Campbell Soup Company (CPB) earnings time is at Aug 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CPB EPS forecast?
CPB EPS forecast for the fiscal quarter 2026 (Q4) is 0.4.
