Campbell Soup Company reported a 37% drop in adjusted earnings per share to $0.39 and an 8% revenue decline to $2.14 billion in Q4, driven by inflation and supply-chain costs. The company cut its quarterly dividend by 36% to $0.25 to accelerate debt reduction and improve its balance sheet. It also announced a $500 million cost-saving program targeting fiscal 2030, while forecasting further declines in sales and earnings for fiscal 2027. CEO Mick Beekhuizen emphasized steps to improve growth, margins, and leverage to create long-term value.
Campbell's announced a 36% cut to its quarterly dividend, the first since 2001, to strengthen its balance sheet amid significant losses in its snack segment. While its Meals & Beverages division showed growth, the snack business saw a 12% revenue dec...
Ford plans to sell over 100,000 units of its new Fathom electric truck in its first production year, priced around $30,000. The Fathom features Apple Maps integration and Ford's hands-free BlueCruise system, with more passenger space than the Toyota ...
Campbell's and Lululemon both report earnings on September 3, 2026, but Campbell's full fiscal year results and guidance reset carry more weight for retirement-focused investors than Lululemon's mid-year quarter. Campbell's defensive food business of...
