We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Campbell's Q4 Earnings on the Horizon: What Should Investors Expect?
Read MoreHide Full Article
Key Takeaways
Campbell's Q4 revenues are expected to be $2.15 billion, down 7.3% year over year.
Campbell's Q3 EPS is expected at 40 cents, down 35.5% year over year.
Margin pressure persists, while Meals & Beverages benefits from resilient at-home cooking demand.
The Campbell's Company (CPB - Free Report) is likely to witness a top and bottom-line decline when it reports fourth-quarter fiscal 2026 earnings on Sept. 3. The Zacks Consensus Estimate for revenues is pegged at $2.15 billion, indicating a decrease of 7.3% from the prior-year quarter’s reported figure.
The consensus mark for earnings has remained unchanged over the past 30 days at 40 cents a share, which implies a decline of 35.5% from the figure reported in the year-ago period. CPB has a trailing four-quarter earnings surprise of about 2%, on average.
The Campbell's Company Price, Consensus and EPS Surprise
Factors Likely to Influence CPB’s Upcoming Results
Campbell’s fiscal fourth-quarter performance is likely to have remained under pressure, reflecting continued weakness in its Snacks business. During the fiscal third-quarter earnings discussion, management highlighted weak consumption across salty snacks, amid a competitive environment and pressure on consumer spending. Although the company has been tightening assortments, sharpening price-pack architecture and improving trade efficiency, these initiatives were still in the early stages and might have limited the pace of sales recovery. Our model suggests a 4% volume decline and a 10.5% revenue decline for the Snacks segment in the fiscal fourth quarter.
Margin performance is also likely to have remained under pressure. Tariffs, input-cost inflation, logistics expenses and unfavorable volume leverage have weighed on profitability. Increased promotional support and efforts to strengthen competitiveness across key categories might also have exerted pressure on margins. Nevertheless, supply-chain productivity improvements and cost-saving initiatives are likely to have provided some offset. We expect the adjusted gross margin to contract 200 basis points to 28.6% in the fiscal fourth quarter.
However, Campbell’s Meals & Beverages segment is likely to have remained resilient, supported by durable at-home cooking trends and strength across key brands. The summer launch of Campbell’s Condensed Sauces may also have aided demand by tapping consumers’ interest in convenient at-home meal preparation and flavor exploration.
Earnings Whispers for CPB
Our proven model doesn’t conclusively predict an earnings beat for Campbell's this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Campbell's carries a Zacks Rank #4 (Sell) and has an Earnings ESP of -4.22%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With the Favorable Combination
Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
The Zacks Consensus Estimate for its upcoming quarter’s revenues is pegged at $1.13 billion, indicating a 10.4% rise from the figure reported in the prior-year quarter. The consensus estimate for Chefs' Warehouse’s earnings is pegged at 61 cents per share, implying 22% growth from the year-ago quarter. CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Mondelez International, Inc. (MDLZ - Free Report) currently has an Earnings ESP of +0.39% and a Zacks Rank of 3. The consensus estimate for the quarterly revenues is pinned at $9.97 billion, which indicates a 2.4% growth from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Mondelez’s upcoming quarter’s EPS is pegged at 72 cents, which declined 1.4% from the year-ago period figure. MDLZ delivered a trailing four-quarter earnings surprise of 5.8%, on average.
Altria Group, Inc. (MO - Free Report) currently has an Earnings ESP of +0.37% and a Zacks Rank #3. The consensus estimate for quarterly revenues is pegged at $5.33 billion, which indicates an increase of 1.5% from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Altria’s upcoming quarter’s earnings per share is pegged at $1.50, which indicates a 3.5% growth from the figure reported in the prior-year quarter. MO delivered a trailing four-quarter earnings surprise of 1.3%, on average.
View the Zacks #1 Rank List
Image: Bigstock
Campbell's Q4 Earnings on the Horizon: What Should Investors Expect?
Key Takeaways
The Campbell's Company (CPB - Free Report) is likely to witness a top and bottom-line decline when it reports fourth-quarter fiscal 2026 earnings on Sept. 3. The Zacks Consensus Estimate for revenues is pegged at $2.15 billion, indicating a decrease of 7.3% from the prior-year quarter’s reported figure.
The consensus mark for earnings has remained unchanged over the past 30 days at 40 cents a share, which implies a decline of 35.5% from the figure reported in the year-ago period. CPB has a trailing four-quarter earnings surprise of about 2%, on average.
The Campbell's Company Price, Consensus and EPS Surprise
The Campbell's Company price-consensus-eps-surprise-chart | The Campbell's Company Quote
Factors Likely to Influence CPB’s Upcoming Results
Campbell’s fiscal fourth-quarter performance is likely to have remained under pressure, reflecting continued weakness in its Snacks business. During the fiscal third-quarter earnings discussion, management highlighted weak consumption across salty snacks, amid a competitive environment and pressure on consumer spending. Although the company has been tightening assortments, sharpening price-pack architecture and improving trade efficiency, these initiatives were still in the early stages and might have limited the pace of sales recovery. Our model suggests a 4% volume decline and a 10.5% revenue decline for the Snacks segment in the fiscal fourth quarter.
Margin performance is also likely to have remained under pressure. Tariffs, input-cost inflation, logistics expenses and unfavorable volume leverage have weighed on profitability. Increased promotional support and efforts to strengthen competitiveness across key categories might also have exerted pressure on margins. Nevertheless, supply-chain productivity improvements and cost-saving initiatives are likely to have provided some offset. We expect the adjusted gross margin to contract 200 basis points to 28.6% in the fiscal fourth quarter.
However, Campbell’s Meals & Beverages segment is likely to have remained resilient, supported by durable at-home cooking trends and strength across key brands. The summer launch of Campbell’s Condensed Sauces may also have aided demand by tapping consumers’ interest in convenient at-home meal preparation and flavor exploration.
Earnings Whispers for CPB
Our proven model doesn’t conclusively predict an earnings beat for Campbell's this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here.
Campbell's carries a Zacks Rank #4 (Sell) and has an Earnings ESP of -4.22%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks With the Favorable Combination
Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.
The Chefs' Warehouse, Inc. (CHEF - Free Report) currently has an Earnings ESP of +3.02% and a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for its upcoming quarter’s revenues is pegged at $1.13 billion, indicating a 10.4% rise from the figure reported in the prior-year quarter. The consensus estimate for Chefs' Warehouse’s earnings is pegged at 61 cents per share, implying 22% growth from the year-ago quarter. CHEF delivered a trailing four-quarter earnings surprise of 30.4%, on average.
Mondelez International, Inc. (MDLZ - Free Report) currently has an Earnings ESP of +0.39% and a Zacks Rank of 3. The consensus estimate for the quarterly revenues is pinned at $9.97 billion, which indicates a 2.4% growth from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Mondelez’s upcoming quarter’s EPS is pegged at 72 cents, which declined 1.4% from the year-ago period figure. MDLZ delivered a trailing four-quarter earnings surprise of 5.8%, on average.
Altria Group, Inc. (MO - Free Report) currently has an Earnings ESP of +0.37% and a Zacks Rank #3. The consensus estimate for quarterly revenues is pegged at $5.33 billion, which indicates an increase of 1.5% from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Altria’s upcoming quarter’s earnings per share is pegged at $1.50, which indicates a 3.5% growth from the figure reported in the prior-year quarter. MO delivered a trailing four-quarter earnings surprise of 1.3%, on average.