Campbell Soup Q1 2025 Earnings Report
Key Takeaways
Campbell Soup's first-quarter fiscal 2025 results showed a mixed performance with a 10% increase in net sales driven by the Sovos Brands acquisition, while organic net sales decreased by 1%. Adjusted EBIT increased by 6%, and the company reaffirmed its full-year fiscal 2025 guidance. The quarterly dividend was increased by 5% to $0.39 per share.
Net sales increased by 10% to $2.8 billion, but decreased 1% on an organic basis.
Adjusted EBIT increased 6% to $432 million, including the impact of the Sovos Brands acquisition.
Adjusted EPS decreased 2% to $0.89.
Quarterly dividend increased by 5% to $0.39 per share.
Campbell Soup
Campbell Soup
Campbell Soup Revenue by Segment
Forward Guidance
Campbell's is reaffirming its full-year fiscal 2025 guidance provided on August 29, 2024. Guidance ranges reflect a balance between expected sequential progress and pragmatism as the company continues to navigate the dynamic consumer environment and uneven category recovery.
Positive Outlook
- Net Sales growth of +9% to +11%
- Organic Net Sales growth of 0% to 2%
- Adjusted EBIT growth of +9% to +11%
- Adjusted EPS growth of +1% to +4%
- Adjusted EPS between $3.12 to $3.22
Challenges Ahead
- Dynamic consumer environment
- Uneven category recovery
- Potential delays in normalization of consumer environment
- Slower pace of recovery
- Unpredictable financial impact of actuarial gains or losses on pension and postretirement plans
Revenue & Expenses
Visualization of income flow from segment revenue to net income