The Campbell’s Company (CPB) Q4 2025 Earnings Call September 03, 2025 08:00 AM ET Speaker0Good morning and welcome to Campbell Soup Company's fourth quarter fiscal 2025 earnings conference call. Today's conference is being recorded. All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end. If you would like to ask a question, please press star one on your telephone keypad. I would now like to turn the call over to Rebecca Gardy, Chief Inve ...

Regulatory Impact - The Trump administration, particularly RFK Jr, aims to eliminate artificial flavors and colors from foods, potentially requiring companies to reformulate products [1] - This initiative could have major implications for the food industry, necessitating the removal of legally addressable additives [1] Financial Implications - Companies may need to revamp portfolios with new ingredients, incurring costs [2] - Smaller players like private labels and store brands could be disproportionately affected due to lower margins [3] - The industry may increase pricing by a few percentage points to accommodate the changes [3] Consumer Behavior - American consumers' preference for bright colors in snacks poses a challenge for companies [4] - Previous attempts to eliminate artificial flavors faced consumer pushback due to altered taste and appearance [4][5] - Consumers are becoming more discerning about ingredient labels and spending less on snacks [6] - The success of reinventing snacks without artificial flavors hinges on consumer acceptance [5][6]