<div id="readability-page-1"><div><ul> <li>In recent commentary, Campbell's reported that unit sales have been flat for two years and sales are projected to decline 2.3% over the next 12 months, while earnings per share have fallen even as revenue has grown. </li> <li>This combination of weak volume trends and less profitable incremental sales points to mounting pressure on both demand and profitability across the business. </li> <li>Next, we'll examine how flat unit sales and expected revenue softness may influence Campbell's existing investment narrative around efficiency and growth. </li> </ul><p>Explore 28 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.</p><h2>Campbell's Investment Narrative Recap</h2><p>For Campbell’s to make sense in a portfolio, you need to believe its pantry brands can convert stable shelf demand into reliable cash flows, even as volumes soften. The latest update of flat two year unit sales and an expected 2.3% sales decline keeps the spotlight on the core risk right now: weak demand and profitability pressure potentially limiting the payoff from cost savings and efficiency efforts in the near term.</p> <p>Against this backdrop, the recent Q1 FY2026 results, with sales of US$2,677 million and lower net income and EPS versus last year, tie directly into the same concern that incremental revenue is not translating into stronger per share earnings. This earnings pattern makes the existing cost savings and productivity narrative more contingent on whether Campbell’s can stabilize volumes without eroding margins further.</p> <p>Yet investors should be aware that persistent volume declines in key categories could...</p> <p>Read the full narrative on Campbell's (it's free!)</p><p>Campbell's narrative projects $10.2 billion revenue and $868.6 million earnings by 2028. This requires a 0.0% yearly revenue decline and an earnings increase of about $266.6 million from $602.0 million today.</p><p>Uncover how Campbell's forecasts yield a $33.84 fair value, a 21% upside to its current price.</p><h2>Exploring Other Perspectives</h2><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/b9a9b32a-2584-4709-a4a3-d825b2a7a6f7/chart/quote-price?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/b9a9b32a-2584-4709-a4a3-d825b2a7a6f7/chart/quote-price"/><figcaption>CPB 1-Year Stock Price Chart</figcaption></figure> <p>Six members of the Simply Wall St Community currently estimate Campbell’s fair value between US$26 and about US$61, reflecting very different return expectations. You can weigh these views against the recent signs of flat volumes and softer sales, which point directly to the risk that demand trends may constrain how effectively Campbell’s can convert its efficiency plans into durable earnings growth.</p><p>Explore 6 other fair value estimates on Campbell's - why the stock might be worth 7% less than the current price!</p><h2>Build Your Own Campbell's Narrative</h2><p>Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.</p><ul><li>A great starting point for your Campbell's research is our analysis highlighting 5 key rewards and 2 important warning signs that could impact your investment decision.</li><li>Our free Campbell's research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Campbell's overall financial health at a glance.</li></ul><h2>Searching For A Fresh Perspective?</h2><p>Don't miss your shot at the next 10-bagger. Our latest stock picks just dropped:</p><ul><li>We've found 10 US stocks that are forecast to pay a dividend yield of over 6% next year. 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Simply Wall St has no position in any stocks mentioned.</em></p><div><p>Mobile Infrastructure for Defense and Disaster</p><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p><p>Get the investor briefing before the next round of contracts</p><p><span>Sponsored On Behalf of CiTech</span></p></div></div></div>

<p>Campbell's has reported flat unit sales for two years and projects a 2.3% sales decline over the next 12 months. Despite revenue growth, earnings per share have fallen, indicating pressure on demand and profitability. The company's Q1 FY2026 results show lower net income and EPS, highlighting concerns about the effectiveness of cost savings and efficiency efforts. Campbell's forecasts $10.2 billion revenue and $868.6 million earnings by 2028, with a fair value estimate of $33.84, a 21% upside to its current price.</p>

How Investors May Respond To Campbell's (CPB) Mounting Pressure On Volumes And Profitability