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Thursday, September 3, 2026 · UTC
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finance

Campbell Soup stock drops 7% on revenue miss and dividend cut

Campbell Soup stock fell 7.7% after reporting a revenue shortfall and cutting its dividend to reduce debt.

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As of 2026-09-03 22:39 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Adjusted earnings per share of $0.39 represented a 37% decline from the year-ago period. [1] Campbell Soup Company stock slid 7.7% in pre-open trading after the company reported its fourth-quarter fiscal 2026 results before market open. [2] Net sales for the quarter fell 8% year over year to $2.1 billion, coming in below the Wall Street consensus of approximately $2.15 billion. [3] Campbell Soup Company issued annual forecasts below estimates on Thursday, September 3, 2026, due to weak demand for its pricier snacks and pantry condiments. [4] Campbell's expects fiscal 2027 net sales to fall between 2 percent and 4 percent, compared with analysts' estimate of a 0.8 percent drop, according to data compiled by LSEG. [5] The company cut its quarterly dividend to 25 cents for the fourth quarter from 39 cents previously to accelerate its debt reduction efforts. [6] CEO Mick Beekhuizen said on 2026-04-12 that the company's performance is not where it needs to be and that they are taking decisive action to improve it. [7]
What this stands on
  1. Adjusted earnings per share of $0.39 represented a 37% decline from the year-ago period. · Investing.com
  2. Campbell Soup Company stock slid 7.7% in pre-open trading after the company reported its fourth-quarter fiscal 2026 results before market open. · Investing.com
  3. Net sales for the quarter fell 8% year over year to $2.1 billion, coming in below the Wall Street consensus of approximately $2.15 billion. · Investing.com
  4. Campbell Soup Company issued annual forecasts below estimates on Thursday, September 3, 2026, due to weak demand for its pricier snacks and pantry condiments. · Investing.com
  5. Campbell's expects fiscal 2027 net sales to fall between 2 percent and 4 percent, compared with analysts' estimate of a 0.8 percent drop, according to data compiled by LSEG. · The Manila Times
  6. The company cut its quarterly dividend to 25 cents for the fourth quarter from 39 cents previously to accelerate its debt reduction efforts. · The Manila Times
  7. CEO Mick Beekhuizen said on 2026-04-12 that the company's performance is not where it needs to be and that they are taking decisive action to improve it. · The Manila Times
We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.
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