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POST

POST
72.5600.37%( -0.270 )

LongbridgeAI

Campbell's slides after weak earnings, dividend cut; food peers also dip

businessinsider
Sep 3, 2026 at 11:46 AM

Campbell's Company (CPB) shares fell sharply after missing Q4 revenue estimates, with net sales down 8% and adjusted EPS dropping 37% to $0.39 due to inflation-driven margin pressures. The company announced a 36% dividend cut to $1.00 annually and launched a $500M cost savings program by FY30. Full-year guidance was set below expectations. Peers Hershey, Mondelez, General Mills, and Post Holdings also saw declines.

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