Campbell Soup's stock fell sharply by 5.06% during Tuesday's trading session, despite reporting better-than-expected Q1 earnings and revenue. The company posted adjusted EPS of $0.77 (vs. $0.74 estimate) and revenue of $2.68 billion (vs. $2.66 billion estimate), but both metrics declined year-over-year.
Investors reacted negatively to the reaffirmation of Campbell's cautious fiscal 2026 guidance, which projects a 12%-18% drop in adjusted EPS due to tariff headwinds and soft demand for snacks. Organic sales are expected to range between a 1% decline and 1% growth, reflecting ongoing challenges in the consumer staples sector.
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