Core Viewpoint - Campbell Soup's shares fell over 5% in premarket trading after disappointing Q2 fiscal 2026 results and a lowered full-year guidance [1] Financial Performance - The company reported earnings per share of $0.51, missing analyst estimates of $0.57 [1] - Revenue for the quarter was $2.6 billion, slightly below the consensus forecast of $2.61 billion [1] - Organic sales declined 3% year over year, and adjusted EBIT dropped 24% to $282 million compared to the prior year [2] Impact of External Factors - Weather-related disruptions, including storms in January, delayed shipments and increased supply chain costs, which reduced quarterly net sales by about 1% [2] - The impact of these disruptions lowered adjusted EBIT by approximately $14 million and cut adjusted EPS by roughly $0.04 per share [2] Revised Full-Year Guidance - The company lowered its full-year adjusted earnings per share outlook to between $2.15 and $2.25, down from the previous guidance of $2.40 to $2.55 [3] - The updated forecast is below the current analyst consensus estimate of $2.41 [3] - Organic sales are now projected to decline between 2% and 1% for the year, compared to prior guidance of a 1% decline to a 1% increase [4] - Adjusted EBIT is now expected to fall between 20% and 17%, versus earlier guidance for a decline of 13% to 9% [4]