Campbell's Q1 Earnings Beat Estimates, Net Sales Drop 3% Y/Y
Key Takeaways CPB posted lower Q1 sales and EPS versus last year, though earnings exceeded consensus estimates.Results reflected lower volume/mix, cost inflation and reduced gross profit, partly offset by pricing.CPB's adjusted EBIT dropped 11% as lower gross profit outweighed reduced admin and selling expenses.The Campbell's Company ((CPB) reported first-quarter fiscal 2026 results, with the top line missing the Zacks Consensus Estimate but the bottom line exceeding the same. However, both metrics declined ...