Campbell's rises after it maintains annual outlook, beats quarterly profit

Campbells Co

08/06/2026 12:31

** Shares of packaged food maker Campbell's CPB.O up 3% at $22.36 premarket
** Co beats Q3 profit estimates, sticks to its annual forecast
** Posts Q3 adjusted EPS of 50 cents, beating estimate of 48 cents - data compiled by LSEG 
** Q3 net sales decline 4% to $2.37 billion, compared with analysts' estimate of $2.38
** CPB expects annual organic net sales to fall between 1% and 2%, and adjusted profit per share to be in the range of $2.15 to $2.25
** As of last close, stock down 22% YTD

 (Reporting by Koyena Das from Bengaluru)
 ((Koyena.das@thomsonreuters.com))