Campbell’s slashes dividend 36%, posts Q4 loss; FY27 guidance set
Campbell’s reported a Q4 slip to a loss, initiated adjusted earnings and net sales/organic growth guidance for full-year 2027, and slashed its dividend by 36%. Shares fell 6.8%.
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12:39:43 PM UTC
SquawkNews
Campbell's shares are trading lower after the company reported worse-than-expected Q4 sales results and issued FY27 adjusted EPS guidance below estimates.
CAMDEN (dpa-AFX) - While reporting financial results for the fourth quarter on Thursday, Campbell's Co. (CPB) initiated its adjusted earnings, net sales and organic net sales growth guidance for the full-year 2027.The company said the outlook reflects an external environment which it expects will r…