Here are the 10-Q quarterly reports from The Campbell's Company (CPB) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CPB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CPB filings page.
The Campbell's Company reported lower sales but higher earnings for its third quarter of 2026. Net sales fell to $2.366 billion from $2.475 billion, mainly from weaker volume/mix and the noosa yoghurt divestiture, partly offset by pricing.
Gross margin compressed to 27.5% from 29.4% as tariffs, inflation and other supply chain costs outweighed productivity gains and price realization. Net earnings rose to $124 million, or $0.41 per diluted share, from $66 million or $0.22, largely because last year included sizable impairment and restructuring charges. Adjusted earnings declined due to lower gross profit.
The company is executing large cost savings programs, with $211 million of pre-tax costs incurred to date and an estimated $310 million total through 2028, plus about $220 million of related capital spending. It also agreed to acquire 49% of La Regina, producer of Rao’s pasta sauces, for $286 million, consolidating the business and adding a call/put structure on the remaining 51%.
The Campbell's Company reported lower quarterly results as costs and volumes pressured performance. Net sales for the quarter fell 5% to $2.564 billion, mainly from weaker volume/mix, divestitures and storm-related shipment delays. Gross margin declined to 28.0% from 30.5%, reflecting cost inflation, tariffs and supply chain costs partly offset by productivity gains and pricing.
Quarterly net earnings attributable to Campbell's were $145 million, or $0.48 per diluted share, down from $173 million or $0.58 a year earlier. For the six months, net sales were $5.241 billion with earnings of $339 million or $1.13 per share. Results included restructuring, cost-savings and optimization expenses, commodity hedge gains, litigation costs and other special items.
Campbell's continues multi-year cost savings and route-to-market optimization programs, with about $144 million of related costs incurred to date out of an estimated $245 million, plus significant associated capital spending. The company also agreed to acquire 49% of La Regina, producer of Rao’s tomato-based sauces, for $286 million, with options that could eventually increase ownership.