Loading...
•
Apr 27
Campbell Soup Q3 2025 Earnings Report
Campbell Soup reported mixed results with revenue growth driven by acquisitions but earnings impacted by impairment charges.
Key Takeaways
Campbell's delivered a 4% revenue increase in Q3 FY25 supported by the Sovos Brands acquisition. However, earnings were impacted by a $150M impairment charge related to Snyder’s of Hanover. Adjusted EBIT grew modestly, while adjusted EPS declined slightly due to higher interest expenses.
Net sales rose 4% to $2.475 billion, with 1% organic growth.
GAAP EPS dropped to $0.22 due to impairment charges; adjusted EPS was $0.73.
EBIT fell to $161 million but adjusted EBIT grew 2% to $362 million.
The company reaffirmed FY25 guidance, expecting EPS at the low end of the range excluding tariffs.
Campbell Soup
Campbell Soup
Campbell Soup Revenue by Segment
Revenue by Segment
Meals & Beverages Revenue
CapyFin.comSnacks Revenue
CapyFin.com Forward Guidance
Campbell’s reaffirmed FY25 guidance, expecting adjusted EPS to be at the lower end of the range, excluding tariff impacts.
Positive Outlook
- Acquisition of Sovos Brands contributing to revenue and EBIT growth.
- Improved consumption trends in Meals & Beverages.
- Execution of cost savings initiatives showing benefits.
- Strong year-to-date cash flow from operations.
- 53rd week in FY25 expected to add incremental growth.
Challenges Ahead
- Impairment charges weighed heavily on GAAP earnings.
- Adjusted EPS declined due to higher interest expenses.
- Snack division continued to underperform.
- Unfavorable net price realization in Meals & Beverages.
- Tariff-related headwinds could reduce EPS by up to $0.05.
Revenue & Expenses
Visualization of income flow from segment revenue to net income