The Campbell’s Company (CPB), founded in 1869 and headquartered in Camden, New Jersey, is a leading global manufacturer and marketer of branded food and beverages. With a market cap of $11.6 billion, Campbell's operates a portfolio of iconic brands, including Campbell’s, Pepperidge Farm, V8, and Snyder’s of Hanover, offering products across soups, snacks, and beverages. The company serves customers across North America and globally, maintaining a strong presence in households and retail markets. The company is scheduled to announce its Q2 earnings results on Wednesday, Mar. 5.
Ahead of the event, analysts expect Campbell’s Company to report a profit of $0.72 per share, down 10% from $0.80 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. Campbell's adjusted earnings of $0.89 per share for the last quarter exceeded the consensus estimate by 2.3%, driven by pricing actions and robust snack demand.
For fiscal 2025, analysts expect the company's EPS to be $3.15, up 2.3% from $3.08 in fiscal 2024. Additionally, the bottom line is projected to grow 5.1% year over year to $3.31 per share in fiscal 2026.
Shares of Campbell's have declined 10.1% over the past 52 weeks, significantly underperforming the S&P 500 Index's ($SPX) 22.9% gains and the Consumer Staples Select Sector SPDR Fund’s (XLP) 10.2% returns over the same period.
Shares of Campbell's dropped 6.2% following its Q1 earnings release on Dec. 3. The company reported a 10% year-over-year revenue growth to $2.77 billion, falling short of the consensus estimate of $2.79 billion. Gross profit rose to $867 million, up from $788 million in the prior year. However, the gross profit margin remained unchanged at 31.3%.
Campbell’s has reaffirmed its full-year fiscal 2025 guidance. The company projects net sales growth of 9% to 11% and organic net sales growth between 0% and 2%. Adjusted EBIT is expected to increase by 9% to 11%, reflecting strong operational performance.
The consensus opinion on CPB stock is cautious, with an overall “Hold” rating. Out of 16 analysts covering the stock, five advise a “Strong Buy” rating, eight suggest a “Hold,” one advises a “Moderate Sell” rating, and two recommend a “Strong Sell.”
CPB's average analyst price target is $47.47, indicating a potential upside of 18.7% from the current levels.
