Campbell Soup Company (NYSE: CPB) saw its shares surge 5.05% in pre-market trading following the release of its first-quarter fiscal 2026 results, which exceeded analyst expectations.
The company reported adjusted earnings per share of $0.77, beating the consensus estimate of $0.73. Revenue for the quarter came in at $2.677 billion, surpassing the expected $2.657 billion. The strong performance was attributed to resilient demand for packaged food products, including canned soups and ready-to-eat meals, as consumers continue to prioritize at-home dining amid economic uncertainty.
Campbell's also reaffirmed its full-year fiscal 2026 guidance, signaling confidence in its ability to navigate ongoing market challenges.
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