Campbell’s fiscal 2027 outlook: net sales seen down 4% to 2%
Campbell’s guides net sales to decline 4% to 2% over the coming year. Adjusted earnings are guided at $1.65 to $1.80 per share, missing Wall Street estimates that expected higher results.
Campbell’s said it expects net sales to fall 4% to 2% over the coming year, a decline steeper than the roughly 1% drop analysts polled by FactSet had anticipated. The soup-and-snack maker also guided for adjusted earnings of $1.65 to $1.80 a share, which was below Wall Street estimates.