Just in time for soup season, Campbell’s Chunky has teamed up with Pabst Blue Ribbon to introduce two new soups. Learn more about our latest partnership.
They say timing is everything. The Chunky team has explored beer flavored soup in the past as part of their mission to provide fans with bold flavors. After trying a few recipe variations, the unlock came when Pabst Blue Ribbon reached out about a potential collab to incorporate their beer.
“It’s not our classic innovation story of insight to product development. We’re so happy with the end result.” Mike Hackman, Senior Associate Manager, Chunky
“It’s not our classic innovation story of insight to product development. We’re so happy with the end result.”
After the brands agreed to work together in the fall of 2024, they set a goal to launch the collab in August 2025. Working at record pace, the team had samples by December and final recipes locked in February 2025.
“This may have been the quickest timing for a collaboration I have ever worked on. Everyone was involved to bring this to the finish line.” Robert Lawler, Product Development
“This may have been the quickest timing for a collaboration I have ever worked on. Everyone was involved to bring this to the finish line.”
The end result? Two new soups created in record timing that bring together the crave-ability of Chunky and the smooth taste of Pabst Blue Ribbon. The innovation also showed the team’s competitive edge, currently being the only brand to offer a soup with chorizo on shelf.*
To celebrate the launch, Chunky and Pabst Blue Ribbon hosted a dive bar takeover at Ray’s Bar in New York City. Attendees were among the first to try out the new soups paired with an ice-cold PBR and took home custom-branded merch.
@campbells.chunky Bringing the bold and satisfying to Ray’s Bar alongside Pabst Blue Ribbon! Check out everyone who clocked in to hungry hour 🥣🍻 #nyc #soup ♬ Alone In This City – Whiskey Rivers
Bringing the bold and satisfying to Ray’s Bar alongside Pabst Blue Ribbon! Check out everyone who clocked in to hungry hour 🥣🍻 #nyc #soup
The two new soups will be sold exclusively at Walmart. Chunky and Pabst Blue Ribbon are also bringing their soup to fans through a food truck sampling tour at Walmart stores across the country.
*Source: Circanna
When it comes to pantry staples, flavor and functionality are top of mind. One ingredient that provides both is broth! Broth checks the boxes for many cooking goals:
Explore our new offerings featuring trending flavors from Swanson and Pacific Foods.
The Swanson team tapped into a beloved dish, ramen! Our new Ramen Chicken Broth is made from real chicken stock and infused with garlic, ginger, and soy. No added MSG. This rich, full-bodied broth delivers an authentic umami flavor that’s perfect for upgrading everyday meals, experimenting with new dishes, or simply enjoying a comforting bowl of ramen at home.
Looking for recipe inspiration? Check out this 10-Minute Wonton Ramen Soup.
Pacific Foods continues to raise the bar in the broth category with its new exciting flavors, including Organic Chicken Bone Broth with Ginger, Turmeric & Black Pepper.
Made from USDA Organic, non-GMO, and gluten-free ingredients, this new slow-simmered broth is savory, has a subtle kick and is a comforting choice to sip on its own. Or use it as a flavorful base in your favorite soups, grains, and everyday recipes.
Try this new Coconut Chicken Katsu Curry recipe!
Broth is more than just a base for soup–it’s a staple that brings warmth, nourishment, and flavor to meals throughout every season. With new options from Swanson and Pacific Foods, our broths are here to make every season more delicious.
Find new broth-based recipes and start cooking today!
Swanson
Pacific Foods
Source: Circana Panel L52Weeks – US MULO+
Goldfish brings new flavors to life with one goal in mind—to create delightfully snackable moments. This past summer, Goldfish introduced its latest limited edition flavor, Awesome Sauce.
@goldfishsmiles We bet you’ve never tasted a flavor this awesome. NEW Goldfish Awesome Sauce flavored crackers are swimming onto a shelf near you, for a limited time starting in June! ♬ original sound – goldfishsmiles
We bet you’ve never tasted a flavor this awesome. NEW Goldfish Awesome Sauce flavored crackers are swimming onto a shelf near you, for a limited time starting in June!
Tapping into fans’ passion for special sauce—that creamy, spicy, and sweet magic that elevates your chicken tenders, fries, or burger—the Goldfish team worked hard to capture this summer’s bold flavor in your favorite cracker.
“Our goal was simple: capture the intensity of the ultimate sauce experience in Goldfish form. No dipping, no mess, just bold flavor in every bite.” Melanie Preston, Senior Brand Manager, Goldfish
“Our goal was simple: capture the intensity of the ultimate sauce experience in Goldfish form. No dipping, no mess, just bold flavor in every bite.”
The flavor profile starts with a sweet mustard that transitions to a spicy pickle flavor and barbecue flavor, finishing with a smoky aftertaste.
“It’s unexpected yet familiar, and it’s a crowd pleaser and super craveable,” said Pilar Gaytan-Arroyo, Sr Manager, R&D, Crackers. “I knew this was a winner when employee testers asked for samples to take to their next meeting.”
While Awesome Sauce debuted this summer, you may be surprised to learn it was ready to go two years ago. Our teams are always studying trends and making flavor predictions to figure out what the next craving is going to be. We kept Awesome Sauce in our flavor vault until the timing was right to bring to shelf. That patience paid off with a drop that was bold and unexpected!
Awesome Sauce follows a winning track record of limited-edition flavors from the Goldfish team, including Spicy Dill Pickle, Butterbeer, OLD BAY, and Dunkin’ Pumpkin Spice Grahams.
Explore the full portfolio of flavors on the Goldfish website.
Goldfish
CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 4, 2025–
The Campbell’s Company (NASDAQ:CPB) (Campbell’s) today announced the appointment of Kelly L. Palumbo as Senior Vice President, Controller and Chief Accounting Officer, effective Sept. 22, 2025. She succeeds Stan Polomski who is being appointed to the newly created role of Senior Vice President, Business Process Optimization in the company’s Enterprise Transformation Office.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250904240330/en/
Kelly Palumbo
Palumbo will lead the corporate controller function and oversee corporate accounting, financial reporting, planning and controls. She will report to Carrie Anderson, Campbell’s Executive Vice President and Chief Financial Officer.
Palumbo brings more than 25 years of financial leadership experience to Campbell’s. She joins from Charles River Laboratories, where she has served as Vice President, Finance and Corporate Controller since 2023. Previously, she spent over two decades with Johnson & Johnson in senior finance roles, including Vice President of Finance, Transformation and Talent Strategy, and Senior Finance Director for the company’s global beauty and baby portfolios. She also held finance leadership positions across multiple business units and manufacturing operations. Palumbo began her career at PricewaterhouseCoopers LLP.
Palumbo earned her B.S. degree in accounting from Penn State University and her M.B.A. from Villanova University and is a Certified Public Accountant.
Polomski has been Campbell’s controller since 2017. In his new role as Senior Vice President, Business Process Optimization he will lead enterprise efforts to drive process effectiveness and efficiency reporting to Dan Poland, Chief Enterprise Transformation Officer.
About The Campbell’s Company For more than 155 years, The Campbell’s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2025 net sales of $10.3 billion across two divisions: Meals & Beverages and Snacks. Our portfolio of 16 leadership brands includes: Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory, Snyder’s of Hanover, Swanson and V8. For more information, visit www.thecampbellscompany.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250904240330/en/
Campbell’s Contacts Investors: Rebecca Gardy (856) 342-6081 [email protected]
Media: James Regan (856) 219-6409 [email protected]
Source: The Campbell’s Company
We have used colors derived from natural sources in the majority of our portfolio for many years and are transitioning away from FD&C colors for the last few remaining products.
The big picture: For more than 155 years, we have made great food that people love. Our company is consumer-led, brand-powered and food obsessed. Our commitment to making great food means we adapt to consumer needs and lead with innovation. People want simpler, recognizable ingredients—and we’re responding.
What this means: While our use of FD&C colors is limited, we’re transitioning our remaining products:
Why it matters: We’ve been actively reviewing our portfolio and tracking the evolving regulatory environment. People are increasingly seeking better-for-you options with simpler, recognizable ingredients. This move reflects both consumer preferences and our commitment to making great food.
Go deeper: Using colors derived from natural sources is not new for us. Goldfish crackers have used colors sourced from plants for more than 15 years.
What’s next: Our products with FD&C colors will be off shelf as inventory clears.
Image description: Annatto and purple carrots, which will be used to color products like Lance crackers and V8 splash
For the fourth quarter:
For the full year:
CAMDEN, N.J.–(BUSINESS WIRE)–Sep. 3, 2025– The Campbell’s Company (NASDAQ:CPB) today reported results for its fourth quarter and full-year fiscal 2025 ended August 3, 2025. Unless otherwise stated, all comparisons are to the same period of fiscal 2024. The Sovos Brands, Inc. (Sovos Brands) acquisition (also referred to as the acquisition) was completed on March 12, 2024. Fiscal 2025 was a 53-week year, with the additional week falling in the fourth quarter. The additional week is estimated to have contributed 2% each to net sales, adjusted EBIT and adjusted EPS (or $0.06 per share) to full-year fiscal 2025 results.
CEO Comments: Mick Beekhuizen, Campbell’s Chief Executive Officer, said, “Our fiscal 2025 results were slightly ahead of our expectations, driven by our team’s focus on execution in a dynamic operating environment. Meals & Beverages benefited from the continued strong in-market performance of our leadership brands, outpacing category growth as consumers continued to cook at home. We are pleased with Rao’s post-acquisition momentum as it approaches becoming our fourth $1 billion dollar brand, alongside Campbell’s, Goldfish and Pepperidge Farm. While our Snacks business weathered category softness, we delivered a modest sequential improvement to net sales and in-market consumption in the fourth quarter. We remain confident in our Snacks portfolio and are taking decisive actions to return the business to sustained growth.”
Beekhuizen continued, “Going into fiscal 2026, we’re focused on delivering today while building for tomorrow – with an increased emphasis on delivering topline growth through incremental marketing investments and consumer-led innovation, as we continue to expand our capabilities. Simultaneously, we’re increasing productivity and accelerating cost savings initiatives to help mitigate core inflation and tariff headwinds.”
Three Months Ended
Twelve Months Ended
($ in millions, except per share)
August 3, 2025
July 28, 2024
% Change
Net Sales
As Reported (GAAP)
$2,321
$2,293
1%
$10,253
$9,636
6%
Organic
(3)%
(1)%
Earnings Before Interest and Taxes (EBIT)
$269
$77
n/m
$1,124
$1,000
12%
Adjusted
$321
$329
(2)%
$1,487
$1,454
2%
Diluted Earnings Per Share
$0.48
$(0.01)
$2.01
$1.89
$0.62
$0.63
$2.97
$3.08
(4)%
n/m – not meaningful
Note: A detailed reconciliation of the reported (GAAP) financial information to the adjusted financial information is included at the end of this news release.
Items Impacting Comparability The table below presents a summary of items impacting comparability in each period. A detailed reconciliation of the reported (GAAP) financial information to the adjusted information is included at the end of this news release.
Costs associated with cost savings and optimization initiatives
$0.09
$0.10
$0.32
$0.28
Commodity mark-to-market losses (gains)
$0.07
$(0.03)
$0.05
Accelerated amortization
$—
$0.02
Charges associated with divestitures
$0.11
Certain litigation expenses (recoveries)
$0.01
Impairment charges
$0.33
$0.44
Cybersecurity incident costs (recoveries)
Pension and postretirement actuarial losses
$0.06
$0.08
Costs associated with acquisition
$0.04
$0.36
Adjusted*
*Numbers may not add due to rounding
Fourth-Quarter Results The additional week is estimated to have contributed 7% to net sales, 9% to adjusted EBIT and 10% to adjusted EPS, or $0.06 per share, to fourth quarter fiscal 2025 results.
Net sales in the quarter increased 1% to $2.3 billion. Organic net sales, which exclude the impact from the additional week in the quarter and the impact from divestitures, decreased 3% to $2.2 billion primarily driven by lower volume/mix, partially related to the expected reversal of the favorable timing of shipments in the third quarter related to the implementation of the company’s existing enterprise-resource planning system for Sovos Brands.
Gross profit increased to $705 million from $675 million. Gross profit margin was 30.4% compared to 29.4%. Adjusted gross profit decreased to $709 million from $719 million. Adjusted gross profit margin decreased 90 basis points to 30.5% mainly driven by cost inflation and other supply chain costs inclusive of a moderate tariff impact, partially offset by supply chain productivity improvements, favorable net price realization and the benefits from cost savings initiatives.
Marketing and selling expenses, which represented approximately 9% of net sales, increased 7% to $202 million. Adjusted marketing and selling expenses increased 5% to $197 million primarily driven by higher advertising and consumer promotion expense.
Administrative expenses decreased 5% to $172 million. Adjusted administrative expenses decreased 4% to $158 million mainly driven by the benefit from cost savings initiatives and lower incentive compensation, partially offset by higher general administrative costs and inflation.
Other expenses were $29 million compared to $181 million primarily driven by non-cash impairment charges in the prior year. Adjusted other expenses were $7 million compared to $12 million.
EBIT increased to $269 million from $77 million. Adjusted EBIT decreased 2% to $321 million primarily due to lower adjusted gross profit and higher adjusted marketing and selling expenses, partially offset by lower adjusted administrative expenses and adjusted other expenses.
Net interest expense increased to $85 million from $83 million due to the impact of the additional week in the quarter, partially offset by lower levels of debt. The effective tax rate decreased to 21.2% compared to 50.0% and the adjusted effective tax rate was 21.6% compared to 23.2%. Excluding items impacting comparability, the adjusted effective tax rate decreased 160 basis points primarily due to the favorable impact of state tax law changes in the current quarter.
EPS increased to $0.48 per share compared to a loss of $0.01 per share. Adjusted EPS decreased 2% to $0.62 per share reflecting lower adjusted EBIT.
Full-Year 2025 Results The additional week is estimated to have contributed 2% each to net sales, adjusted EBIT and adjusted EPS (or $0.06 per share) to fiscal 2025 results.
Net sales increased 6% to $10.3 billion mainly driven by the benefit of the acquisition. Organic net sales decreased 1% to $9.3 billion primarily driven by unfavorable volume/mix.
EBIT increased to $1.1 billion from $1.0 billion. Adjusted EBIT increased 2% to $1.5 billion primarily due to the contribution of the acquisition, partially offset by lower adjusted EBIT in the base business.
Net interest expense increased to $328 million from $243 million, primarily due to higher levels of debt and higher average interest rates on the debt portfolio. Adjusted net interest expense was $241 million in the prior year. The effective tax rate was 24.4% compared to 25.1%, and the adjusted effective tax rate was 23.0% compared to 23.7%.
EPS increased to $2.01 per share compared to $1.89 per share. Adjusted EPS decreased 4% to $2.97 per share primarily reflecting higher adjusted net interest expense, partially offset by the increase in adjusted EBIT. Net tariff impacts were an approximate $0.02 headwind to full-year adjusted EPS.
Cash Flow and Shareholder Return Cash flow from operations for the year ended August 3, 2025 was $1.13 billion compared to $1.19 billion in the prior year primarily due to changes in working capital. Capital expenditures for the year were $426 million compared to $517 million. In line with Campbell’s commitment to return value to its shareholders, the company has paid $459 million of cash dividends and repurchased common stock of approximately $62 million for the fiscal year. As of August 3, 2025, the company had approximately $198 million remaining under its anti-dilutive share repurchase program in addition to approximately $301 million remaining under its September 2021 strategic share repurchase program.
Cost Savings Program As of the end of the fourth quarter, Campbell’s has delivered approximately $145 million of savings under the $250 million cost savings program announced in September 2024.
Building on the progress achieved to date through the company’s continued focus on efficiency, the cost savings target announced at Investor Day in September 2024 has been raised by 50%–from $250 million to $375 million by the end of fiscal 2028. The company intends to use these savings as one of several levers to help offset tariff headwinds.
Full-Year Fiscal 2026 Guidance: Consumers continue to be increasingly deliberate in their food choices with a focus on premiumization, flavor exploration, health and wellness and cooking at home. The company’s portfolio of brands is well positioned to capitalize on these trends with incremental brand support and innovation. At the same time, the company faces a dynamic operating and regulatory environment resulting in substantial input cost pressures, primarily driven by tariffs, which, despite significant mitigation efforts, reduce its earnings outlook for the upcoming fiscal year. Overall, the company expects to make progress towards sustainable growth in fiscal 2026 while mitigating some of the near-term cost pressures.
Fiscal 2026 guidance ranges are based on the exclusion of the additional week in fiscal 2025, which represented approximately 2% to net sales, 2% to adjusted EBIT and $0.06 to adjusted EPS.
The company’s fiscal 2026 guidance reflects the following underlying assumptions:
Other key assumptions:
Further details can be found in the accompanying investor presentation available at https://investor.thecampbellscompany.com/events-presentations.
The company’s full-year fiscal 2026 guidance is set forth in the table below:
FY25 Results (53 weeks)
FY25 Estimated Impact of 53rd Week
Comparable FY25 Base* (52 weeks)
FY26 Guidance (vs. 52-week base)
$10,087
(2)% to 0%
Organic Net Sales1
$9,979
*
(1)% to +1%
Adjusted EBIT
$1,458
(13)% to (9)%
Adjusted EPS
$2.91
(18)% to (12)%
$2.40 to $2.55
1 Adjusted for the impact of the 53rd week in fiscal 2025, the noosa business which was divested on February 24, 2025, and the Pop Secret business which was divested on August 26, 2024.
* Adjusted – refer to the detailed reconciliation of the reported (GAAP) financial information to the adjusted financial information at the end of this news release.
Note: A non-GAAP reconciliation is not provided for fiscal 2026 guidance as the company is unable to reasonably estimate the full-year financial impact of items such as actuarial gains or losses on pension and postretirement plans because these impacts are dependent on future changes in market conditions. The inability to predict the amount and timing of these future items makes a detailed reconciliation of these forward-looking financial measures impracticable.
Segment Operating Review An analysis of net sales and operating earnings by reportable segment follows:
Three Months Ended August 3, 2025
($ in millions)
Meals & Beverages
Snacks*
Total*
Net Sales, as Reported
$1,202
$1,119
Volume/Mix
(5)%
Net Price Realization
Organic Net Sales
Currency
—%
Divestitures1
Estimated Impact of 53rd Week
7%
% Change vs. Prior Year
Segment Operating Earnings
$200
$159
*Numbers may not add due to rounding.
1 Reflects the loss of net sales associated with the divestitures of the Pop Secret popcorn business, which was completed on August 26, 2024, and the noosa yoghurt business, which was completed on February 24, 2025.
Note: A detailed reconciliation of the reported (GAAP) net sales to organic net sales is included at the end of this news release.
Twelve Months Ended August 3, 2025
Snacks
$6,050
$4,203
Acquisition/(Divestitures)1
13%
15%
$1,076
$560
10%
(14)%
1 Reflects the incremental net sales associated with the Sovos Brands acquisition, which was completed on March 12, 2024, and the loss of net sales associated with the divestitures of the Pop Secret popcorn business, which was completed on August 26, 2024, and the noosa yoghurt business, which was completed on February 24, 2025.
Meals & Beverages Net sales in the quarter were comparable to the prior year. Excluding the additional week in the quarter and the impact of the noosa divestiture, organic net sales decreased 3% mainly driven by declines in Rao’s pasta sauces and U.S. soup. Lower volume/mix of 4% was partially offset by favorable net price realization of 1%. Sales of Rao’s pasta sauces decreased primarily due to the expected reversal of the favorable third quarter timing of shipments related to the implementation of the company’s existing enterprise-resource planning system for Sovos Brands.
Operating earnings in the quarter decreased 5% primarily due to lower gross profit, partially offset by the benefit of the additional week. Gross profit margin decreased due to cost inflation and other supply chain costs, inclusive of a moderate tariff impact, partially offset by supply chain productivity improvements, favorable net price realization, favorable volume/mix and benefits from cost savings initiatives.
Snacks Net sales in the quarter increased 2%. Excluding the additional week in the quarter and the impact of the Pop Secret divestiture, organic net sales decreased 2% driven primarily by declines in third-party partner and contract brands and Snyder’s of Hanover pretzels. Sales were impacted by volume/mix declines of 5% with favorable net price realization of 2%.
Operating earnings in the quarter were comparable to the prior year due to higher marketing and selling expenses offset by higher gross profit, including the benefit of the additional week, and lower other expenses
Corporate Corporate expense was $83 million in the quarter compared to $272 million. The decrease was primarily due to non-cash impairment charges in the prior year, unrealized mark-to-market gains on outstanding undesignated commodity hedges compared to losses in the prior year, lower pension and postretirement actuarial losses, and costs associated with the acquisition in the prior year. After factoring in these items, the remaining decrease in Corporate expense was primarily due to lower incentive compensation.
Conference Call and Webcast Campbell’s will host a conference call to discuss these results on Wednesday, September 3, 2025, at 8:00 a.m. Eastern Time. A copy of management’s prepared remarks and earnings presentation is now available on the Events & Presentation section of Campbell’s investor relations website at https://investor.thecampbellscompany.com/. Participants calling from the U.S. & Canada may dial in using the toll-free phone number (800) 715-9871. Participants calling from outside the U.S. & Canada may dial in using phone number +1 (646) 307-1963. The conference access code is 7515124. In addition to dial-in, access to a live listen-only audio webcast, as well as a replay, will be available on the company’s investor relations website.
Reportable Segments The Campbell’s Company earnings results are reported as follows:
Meals & Beverages, which consists of soup, simple meals and beverages products in retail and foodservice in the U.S. and Canada. The segment includes the following products: Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; SpaghettiOs pasta; Campbell’s gravies, beans and dinner sauces; Swanson canned poultry; V8 juices and beverages; Campbell’s tomato juice; and as of March 12, 2024, Rao’s pasta sauces, dry pasta, frozen entrées, frozen pizza and soups; Michael Angelo’s frozen entrées and pasta sauces; and noosa yogurts. The noosa yoghurt business was sold on February 24, 2025. The segment also includes snacking products in foodservice and Canada; and
Snacks, which consists of Pepperidge Farm cookies, crackers, fresh bakery and frozen products, including Goldfish crackers, Snyder’s of Hanover pretzels, Lance sandwich crackers, Cape Cod potato chips, Kettle Brand potato chips, Late July snacks, Snack Factory pretzel crisps, and other snacking products in retail in the U.S. The segment also includes the snacking and meals and beverages retail business in Latin America. The segment also included the results of our Pop Secret popcorn business, which was sold on August 26, 2024.
Beginning in fiscal 2026, the snacking and meals and beverages retail business in Latin America is managed under our Meals & Beverages segment.
The company refers to the following products as our “leadership brands”: Campbell’s condensed and ready-to-serve soups; Chunky soups; Swanson broth, stocks and canned poultry; Pacific Foods broth, soups and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; V8 juices and beverages; Rao’s pasta sauces, dry pasta, frozen entrées, frozen pizza and soups; Pepperidge Farm cookies, crackers and fresh bakery; Goldfish crackers; Snyder’s of Hanover pretzels; Lance sandwich crackers; Cape Cod potato chips; Kettle Brand potato chips; Late July snacks; and Snack Factory pretzel crisps.
About The Campbell’s Company For 155 years, The Campbell’s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted Campbell’s to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2025 net sales of $10.3 billion across two divisions: Meals & Beverages and Snacks. Campbell’s portfolio of 16 leadership brands includes: Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory pretzel crisps, Snyder’s of Hanover, Swanson and V8. For more information, visit www.thecampbellscompany.com.
Forward-Looking Statements This release contains “forward-looking statements” that reflect the company’s current expectations about the impact of its future plans and performance on the company’s business or financial results. These forward-looking statements, including any statements made regarding sales, EBIT and EPS guidance, rely on a number of assumptions and estimates that could be inaccurate, and which are subject to risks and uncertainties. The factors that could cause the company’s actual results to vary materially from those anticipated or expressed in any forward-looking statement include: declines or volatility in financial markets, deteriorating economic conditions and other external factors, including the impact and application of new or changes to existing governmental laws, regulations, and policies; the risks associated with imposed and threatened tariffs by the U.S. and reciprocal tariffs by its trading partners; the risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation, including those related to tariffs; disruptions in or inefficiencies to the company’s supply chain and/or operations, including reliance on key contract manufacturer and supplier relationships; the company’s ability to execute on and realize the expected benefits from its strategy, including sales growth in and/or maintenance of its market share position in snacks, soups, sauces and beverages; the impact of strong competitive responses to the company’s efforts to leverage brand power with product innovation, promotional programs and new advertising; the risks associated with trade and consumer acceptance of product improvements, shelving initiatives, new products and pricing and promotional strategies; changes in consumer demand for the company’s products and favorable perception of the company’s brands; the risk that the cost savings and any other synergies from the Sovos Brands, Inc. (“Sovos Brands”) transaction may not be fully realized or may take longer or cost more to be realized than expected, including that the Sovos Brands transaction may not be accretive to the extent anticipated; the ability to realize projected cost savings and benefits from cost savings initiatives and the integration of recent acquisitions; the risks related to the effectiveness of the company’s hedging activities and the company’s ability to respond to volatility in commodity prices; the company’s ability to manage changes to its organizational structure and/or business processes, including selling, distribution, manufacturing and information management systems or processes; changing inventory management practices by certain of the company’s key customers; a changing customer landscape, with value and e-commerce retailers expanding their market presence, while certain of the company’s key customers maintain significance to the company’s business; product quality and safety issues, including recalls and product liabilities; the possible disruption to the independent contractor distribution models used by certain of the company’s businesses, including as a result of litigation or regulatory actions affecting their independent contractor classification; the uncertainties of litigation and regulatory actions against the company; a disruption, failure or security breach of the company’s or the company’s vendors’ information technology systems, including ransomware attacks; impairment to goodwill or other intangible assets; the company’s ability to protect its intellectual property rights; increased liabilities and costs related to the company’s defined benefit pension plans; the company’s ability to attract and retain key talent; goals and initiatives related to, and the impacts of, climate change, including from weather-related events; the costs, disruption and diversion of management’s attention associated with activist investors; the company’s indebtedness and ability to pay such indebtedness; unforeseen business disruptions or other impacts due to political instability, civil disobedience, terrorism, geopolitical conflicts, extreme weather conditions, natural disasters, pandemics or other outbreaks of disease or other calamities; and other factors described in the company’s most recent Form 10-K and subsequent Securities and Exchange Commission filings. This discussion of uncertainties is by no means exhaustive but is designed to highlight important factors that may impact the company’s outlook. The company disclaims any obligation or intent to update forward-looking statements in order to reflect new information, events or circumstances after the date of this release.
THE CAMPBELL’S COMPANY
CONSOLIDATED STATEMENTS OF EARNINGS (unaudited)
(millions, except per share amounts)
Net sales
$
2,321
2,293
Costs and expenses
Cost of products sold
1,616
1,618
Marketing and selling expenses
202
188
Administrative expenses
172
182
Research and development expenses
26
Other expenses / (income)
29
181
Restructuring charges
7
21
Total costs and expenses
2,052
2,216
Earnings before interest and taxes
269
77
Interest, net
85
83
Earnings (loss) before taxes
184
(6
)
Taxes on earnings
39
(3
Net earnings (loss)
145
Net loss attributable to noncontrolling interests
—
Net earnings (loss) attributable to The Campbell’s Company
Per share – basic
.49
(.01
Weighted average shares outstanding – basic
298
Per share – assuming dilution
Net earnings attributable to The Campbell’s Company
.48
Weighted average shares outstanding – assuming dilution
299
The period ended August 3, 2025 had 14 weeks. The period ended July 28, 2024 had 13 weeks.
CONSOLIDATED STATEMENTS OF EARNINGS
10,253
9,636
7,134
6,665
924
833
674
737
100
102
273
261
24
38
9,129
8,636
1,124
1,000
328
243
Earnings before taxes
796
757
194
190
Net earnings
602
567
2.02
1.90
2.01
1.89
300
Fiscal 2025 had 53 weeks. Fiscal 2024 had 52 weeks.
CONSOLIDATED SUPPLEMENTAL SCHEDULE OF SALES AND EARNINGS (unaudited)
Percent
Change
Sales
Contributions:
1,202
1,200
1,119
1,093
Total sales
Earnings
200
211
159
Total operating earnings
359
370
Corporate income (expense)
(83
(272
(7
(21
CONSOLIDATED SUPPLEMENTAL SCHEDULE OF SALES AND EARNINGS
6,050
5,258
4,203
4,378
1,076
974
560
648
1,636
1,622
(488
(584
(24
(38
CONDENSED CONSOLIDATED BALANCE SHEETS
(millions)
Current assets
2,232
2,190
Plant assets, net
2,767
2,698
Intangible assets, net
9,347
9,793
Other assets
550
554
Total assets
14,896
15,235
Current liabilities
2,906
3,576
Long-term debt
6,095
5,761
Other liabilities
1,991
2,102
Total equity
3,904
3,796
Total liabilities and equity
Total debt
6,857
7,184
Total cash and cash equivalents
132
108
CONSOLIDATED STATEMENTS OF CASH FLOWS
Cash flows from operating activities:
Adjustments to reconcile net earnings to operating cash flow
176
129
Stock-based compensation
57
99
Amortization of inventory fair value adjustment from acquisition
17
Pension and postretirement benefit expense
Depreciation and amortization
434
411
Deferred income taxes
(54
(47
Loss on sales of businesses
25
Other
119
138
Changes in working capital, net of acquisition and divestitures
Accounts receivable
(16
Inventories
(80
11
Other current assets
(14
4
Accounts payable and accrued liabilities
(167
(128
(41
(77
Net cash provided by operating activities
1,131
1,185
Cash flows from investing activities:
Purchases of plant assets
(426
(517
Purchases of route businesses
(144
(29
Sales of route businesses
121
34
Business acquired, net of cash acquired
(2,617
Sales of businesses, net of cash divested
258
1
Net cash used in investing activities
(187
(3,128
Cash flows from financing activities:
Short-term borrowings, including commercial paper and delayed draw term loan
1,846
5,622
Short-term repayments, including commercial paper and delayed draw term loan
(1,796
(5,576
Long-term borrowings
1,144
2,496
Long-term repayments
(1,550
(100
Dividends paid
(459
(445
Treasury stock purchases
(62
(67
Treasury stock issuances
2
Payments related to tax withholding for stock-based compensation
(30
(46
Payments of debt issuance costs
(12
(23
Net cash provided by (used in) financing activities
(919
1,863
Effect of exchange rate changes on cash
(1
Net change in cash and cash equivalents
(81
Cash and cash equivalents — beginning of period
189
Cash and cash equivalents — end of period
Reconciliation of GAAP to Non-GAAP Financial Measures Fiscal Year Ended August 3, 2025
The Campbell’s Company (the “company”) uses certain non-GAAP financial measures as defined by the Securities and Exchange Commission in certain communications. These non-GAAP financial measures are measures of performance not defined by accounting principles generally accepted in the United States and should be considered in addition to, not in lieu of, GAAP reported measures. Management believes that also presenting certain non-GAAP financial measures provides additional information to facilitate comparison of the company’s historical operating results and trends in its underlying operating results, and provides transparency on how the company evaluates its business. Management uses these non-GAAP financial measures in making financial, operating and planning decisions and in evaluating the company’s performance. Management considers quantitative and qualitative factors in assessing whether to adjust for the impact of items that may be significant or that could affect an understanding of the company’s performance and trends in its underlying operating results. The adjustments on earnings may include but are not limited to items such as: unusual or non-recurring gains or charges; costs associated with cost savings and optimization initiatives; actuarial gains or losses on pension and postretirement plans; unrealized mark-to-market gains or losses on outstanding undesignated commodity hedges; gains or losses on the extinguishment of debt; gains or losses on divestitures; costs associated with acquisitions; impairment charges or accelerated amortization; certain litigation expenses or recoveries; and costs or recoveries related to a cybersecurity incident. Depending upon facts or circumstances, management may change these adjustments. When these adjustments change, the company will provide updated definitions of its non-GAAP financial measures. When items no longer impact the company’s current or future presentation of non-GAAP operating results, the company will remove these items from its non-GAAP definitions.
Organic Net Sales Organic net sales are net sales excluding the impact of currency, acquisitions, divestitures and the additional week in fiscal 2025. Management believes that excluding these items, which are not part of the ongoing business, improves the comparability of year-to-year results. A reconciliation of net sales as reported to organic net sales follows.
Impact of Currency
Impact of Divestitures
(86
1,117
1,153
%
)%
1,039
(28
1,065
(2
Total Net Sales
(166
2,156
(75
2,218
Impact of Acquisition
14
(772
5,206
(68
5,190
15
3
4,126
(111
4,267
(4
9,332
(179
9,457
6
Items Impacting Earnings Adjusted Net earnings are net earnings excluding the impact of costs associated with cost savings and optimization initiatives, unrealized mark-to-market gains or losses on outstanding undesignated commodity hedges, accelerated amortization, gains or losses on divestitures, certain litigation expenses or recoveries, impairment charges, costs or recoveries related to a cybersecurity incident, actuarial gains or losses on pension and postretirement plans, and costs associated with acquisitions. Management believes that financial information excluding certain items that are not considered to reflect the ongoing operating results, such as those listed below, improves the comparability of year-to-year results. Consequently, management believes that investors may be able to better understand its results excluding these items.
The following items impacted earnings:
(1)
The company has implemented several cost savings initiatives in recent years. In the fourth quarter of fiscal 2025, the company recorded Restructuring charges of $7 million and implementation costs and other related costs of $15 million in Administrative expenses, $7 million in Cost of products sold and $2 million in Marketing and selling expenses related to these initiatives. In the fourth quarter of fiscal 2024, the company recorded Restructuring charges of $16 million and implementation costs and other related costs of $17 million in Cost of products sold and $7 million in Administrative expenses related to these initiatives. In fiscal 2025, the company recorded Restructuring charges of $24 million and implementation costs and other related costs of $41 million in Administrative expenses, $32 million in Cost of products sold, $4 million in Marketing and selling expenses and $3 million in Research and development expenses related to these initiatives. In fiscal 2024, the company recorded Restructuring charges of $17 million and implementation costs and other related costs of $54 million in Administrative expenses, $26 million in Cost of products sold, $4 million in Marketing and selling expenses and $3 million in Research and development expenses related to these initiatives.
In the second quarter of fiscal 2024, the company began implementation of an optimization initiative to improve the effectiveness of its Snacks direct-store-delivery route-to-market network. In the fourth quarter of fiscal 2025, the company recognized $3 million in Marketing and selling expenses. In fiscal 2025, the company recognized $20 million in Marketing and selling expenses and $1 million in Administrative expenses related to this initiative. In fiscal 2024, the company recognized $5 million in Marketing and selling expenses related to this initiative.
In the fourth quarter of fiscal 2025, the total aggregate impact related to the cost savings and optimization initiatives was $34 million ($26 million after tax, or $.09 per share). In the fourth quarter of fiscal 2024, the total aggregate impact related to the cost savings and optimization initiatives was $40 million ($31 million after tax, or $.10 per share). In fiscal 2025, the total aggregate impact related to the cost savings and optimization initiatives was $125 million ($96 million after tax, or $.32 per share). In fiscal 2024, the total aggregate impact related to the cost savings and optimization initiatives was $109 million ($83 million after tax, or $.28 per share).
(2)
In the fourth quarter of fiscal 2025, the company recognized gains in Cost of products sold of $3 million ($2 million after tax, or $.01 per share) associated with unrealized mark-to-market adjustments on outstanding undesignated commodity hedges. In the fourth quarter of fiscal 2024, the company recognized losses in Cost of products sold of $27 million ($20 million after tax, or $.07 per share) associated with unrealized mark-to-market adjustments on outstanding undesignated commodity hedges. In fiscal 2025, the company recognized gains in Cost of products sold of $11 million ($8 million after tax, or $.03 per share) associated with unrealized mark-to-market adjustments on outstanding undesignated commodity hedges. In fiscal 2024, the company recognized losses in Cost of products sold of $22 million ($16 million after tax, or $.05 per share) associated with unrealized mark-to-market adjustments on outstanding undesignated commodity hedges.
(3)
In the fourth quarter of fiscal 2024, the company recorded accelerated amortization expense in Other expenses / (income) of $7 million ($5 million after tax, or $.02 per share) related to customer relationship intangible assets due to the loss of certain contract manufacturing customers, which began in the fourth quarter of fiscal 2023. In fiscal 2025, the company recorded accelerated amortization expense in Other expenses / (income) of $20 million ($15 million after tax, or $.05 per share). In fiscal 2024, the company recorded accelerated amortization expense in Other expenses / (income) of $27 million ($20 million after tax, or $.07 per share).
(4)
In the third quarter of fiscal 2025, the company completed the sale of its noosa yoghurt business. In the second quarter of fiscal 2025, the company recorded $15 million of tax expense related to the sale. In fiscal 2025, the company recorded an after-tax loss of $15 million ($.05 per share) on the sale of the business. In the first quarter of fiscal 2025, the company recorded a loss in Other expenses / (income) of $25 million ($19 million after tax, or $.06 per share) on the sale of its Pop Secret popcorn business. In fiscal 2025, the total aggregate impact of charges associated with divestitures was $25 million ($34 million after tax, or $.11 per share).
(5)
In the fourth quarter of fiscal 2025, the company recorded litigation recoveries in Administrative expenses of $1 million ($1 million after tax) related to the Plum baby food and snacks business (Plum), which was divested on May 3, 2021, and certain other litigation matters. In the fourth quarter of fiscal 2024, the company recorded $2 million ($2 million after tax, or $.01 per share) related to certain litigation matters. In fiscal 2025 and 2024, the company recorded litigation expenses in Administrative expenses of $5 million ($5 million after tax, or $.02 per share) related to Plum and certain other litigation matters.
(6)
In the third quarter of fiscal 2025, the company performed an interim impairment assessment on the Snyder’s of Hanover trademark within the Snacks segment and recognized an impairment charge of $150 million ($112 million after tax, or $.37 per share) on the trademark.
In the second quarter of fiscal 2025, the company performed an interim impairment assessment on certain salty snacks and cookie trademarks within the Snacks segment, including Tom’s, Jays, Kruncher’s, O-Ke-Doke, Stella D’oro and Archway, collectively referred to as the company’s “Allied brands,” and recognized an impairment charge of $15 million on the trademarks.
In the second quarter of fiscal 2025, the company performed an interim impairment assessment on the Late July trademark within the Snacks segment and recognized an impairment charge of $11 million on the trademark.
In fiscal 2025, the total aggregate impact of the impairment charges was $176 million ($131 million after tax, or $.44 per share).
In the fourth quarter of fiscal 2024, the company recognized an impairment charge of $53 million on the Allied brands trademarks.
In the fourth quarter of fiscal 2024, the company performed an impairment assessment on the assets in the Pop Secret popcorn business within the Snacks segment as sales and operating performance were below expectations due in part to competitive pressure and reduced margins, and as the company pursued divesting the business. As a result of these factors, in the fourth quarter of fiscal 2024, the company lowered the long-term outlook for the business and recognized an impairment charge of $76 million on the trademark. The sale of the business was completed on August 26, 2024.
In fiscal 2024, the total aggregate impact of the impairment charges was $129 million ($98 million after tax, or $.33 per share).
The charges were included in Other expenses / (income).
(7)
In fiscal 2025, the company recorded insurance recoveries in Administrative expenses of $1 million ($1 million after tax) related to the cybersecurity incident that was identified in the fourth quarter of fiscal 2023. In fiscal 2024, the company recorded costs of $2 million in Cost of products sold and $1 million in Administrative expenses (aggregate impact of $2 million after tax, or $.01 per share) related to the cybersecurity incident.
(8)
In the fourth quarter of fiscal 2025, the company recognized actuarial losses on pension and postretirement plans in Other expenses / (income) of $22 million ($17 million after tax, or $.06 per share). In the fourth quarter of fiscal 2024, the company recognized actuarial losses on pension and postretirement plans in Other expenses / (income) of $33 million ($25 million after tax, or $.08 per share). In fiscal 2025, the company recognized actuarial losses on pension and postretirement plans in Other expenses / (income) of $24 million ($18 million after tax, or $.06 per share).
(9)
In the first quarter of fiscal 2024, the company announced its intent to acquire Sovos Brands, Inc. and on March 12, 2024, the acquisition closed. In the fourth quarter of fiscal 2024, the company incurred $14 million of costs associated with the acquisition, of which $5 million was recorded in Restructuring charges, $8 million in Administrative expenses, and $1 million in Marketing and selling expenses. The aggregate impact was $11 million, or $.04 per share. In fiscal 2024, the company incurred $126 million of costs associated with the acquisition, of which $21 million was recorded in Restructuring charges, $47 million in Administrative expenses, $35 million in Other expenses / (income), $3 million in Marketing and selling expenses, $2 million in Research and development expenses and $18 million in Cost of products sold, of which $17 million was associated with the acquisition date fair value adjustment for inventory. The company also recorded costs of $2 million in Interest expense related to costs associated with the Delayed Draw Term Loan Credit Agreement used to fund the acquisition. The aggregate impact was $128 million, $109 million after tax, or $.36 per share.
The following tables reconcile financial information, presented in accordance with GAAP, to financial information excluding certain items:
Percent Change
Gross profit, as reported
705
675
4%
3,119
2,971
5%
Gross profit margin, as reported
30.4
29.4
100 pts
30.8
(40) pts
Costs associated with cost savings and optimization initiatives (1)
32
Commodity mark-to-market losses (gains) (2)
27
(11
22
Cybersecurity incident costs (recoveries) (7)
Costs associated with acquisition (9)
18
Adjusted Gross profit
709
719
3,140
3,039
3%
Adjusted Gross profit margin
30.5
31.4
(90) pts
30.6
31.5
Marketing and selling expenses, as reported
11%
(5
(9
Adjusted Marketing and selling expenses
197
187
900
821
Administrative expenses, as reported
(9)%
(15
(42
Certain litigation recoveries (expenses) (5)
Cybersecurity incident recoveries (costs) (7)
(8
Adjusted Administrative expenses
158
165
628
630
Research and development expenses, as reported
Adjusted Research and development expenses
97
Other expenses / (income), as reported
Accelerated amortization (3)
(20
(27
Charges associated with divestitures (4)
(25
Impairment charges (6)
(129
(176
Pension and postretirement actuarial losses (8)
(22
(33
(35
Adjusted Other expenses / (income)
12
28
37
Earnings before interest and taxes, as reported
40
125
109
20
Certain litigation expenses (recoveries) (5)
5
33
126
Adjusted Earnings before interest and taxes
321
329
1,487
1,454
Interest, net, as reported
Adjusted Interest, net
241
Adjusted Earnings before taxes
236
246
1,159
1,213
Taxes on earnings (loss), as reported
Effective income tax rate, as reported
21.2
50.0
24.4
25.1
(70) pts
8
9
31
45
19
Adjusted Taxes on earnings
51
(11)%
267
288
(7)%
Adjusted effective income tax rate
21.6
23.2
(160) pts
23.0
23.7
Net earnings (loss) attributable to The Campbell’s Company, as reported
96
16
98
131
Adjusted Net earnings attributable to The Campbell’s Company
185
892
925
Diluted net earnings per share attributable to The Campbell’s Company, as reported
.09
.10
.32
.28
.07
(.03
.05
.02
.11
.01
.33
.44
.06
.08
.04
.36
Adjusted Diluted net earnings per share attributable to The Campbell’s Company*
.62
.63
2.97
3.08
*The sum of individual per share amounts may not add due to rounding.
Comparable Base for Fiscal 2026 Guidance The company believes that financial information excluding certain items that are not considered to reflect the ongoing operating results improves the comparability of year-to-year results. The previous tables reconcile financial information, presented in accordance with GAAP, to financial information excluding certain items. Fiscal 2025 includes 53 weeks. Consequently, the company believes that investors may be able to better understand its fiscal 2026 performance excluding certain items and the estimated impact of the 53rd week. In establishing guidance for fiscal 2026, the adjusted fiscal 2025 results excluding the estimated impact of the 53rd week are below:
Year Ended August 3, 2025
Net sales, as reported
Deduct: Impact of 53rd week
Net sales for Fiscal 2026 guidance
10,087
Deduct: Impact of divestitures
(108
Organic Net sales for Fiscal 2026 guidance
9,979
Adjusted Earnings before interest and taxes base
1,458
(19
Adjusted Net earnings attributable to The Campbell’s Company base
873
Adjusted Diluted net earnings per share attributable to The Campbell’s Company
(.06
Adjusted Diluted net earnings per share attributable to The Campbell’s Company base
2.91
View source version on businesswire.com: https://www.businesswire.com/news/home/20250902471350/en/
INVESTOR CONTACT: Rebecca Gardy (856) 342-6081 [email protected]
MEDIA CONTACT: James Regan (856) 219-6409 [email protected]
CAMDEN, N.J.–(BUSINESS WIRE)–Aug. 20, 2025– The Campbell’s Company (NASDAQ:CPB) (Campbell’s) announced it will report its fourth quarter and full year fiscal 2025 financial results on Sept. 3, 2025 for the period ended Aug. 3, 2025.
Mick Beekhuizen, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financial Officer, will host an investor conference call and webcast at 8:00 a.m. ET to review these results. The company’s fourth quarter and full year fiscal 2025 earnings press release will be distributed prior to the call at 7:15 a.m. ET. In addition, at the same time, a copy of management’s prepared remarks and earnings presentation will be posted to the Events & Presentations section of Campbell’s investor relations website at https://investor.thecampbellscompany.com/.
All interested parties are invited to listen to the webcast at 8:00 a.m. ET at this link. Following the company’s remarks, the conference call will include a question-and-answer session with the investment community. Participation by the press in the Q&A session is in listen-only mode.
Call-in details for the webcast are as follows: Time/Date: Wednesday, Sept. 3, 2025, at 8:00 a.m. ET Participant Toll Free Dial-In Number: (800) 715-9871 Participant International Dial-In Number: (646) 307-1963 Conference ID: 7515124
A full transcript and webcast replay of the conference call will be posted on the company’s website within 24 hours of the event.
About The Campbell’s Company
For more than 155 years, The Campbell’s Company (NASDAQ:CPB) (Campbell’s) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across two divisions: Meals & Beverages and Snacks. Our portfolio of 16 leadership brands includes Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory Pretzel Crisps, Snyder’s of Hanover, Swanson and V8. For more information, visit thecampbellscompany.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250819743188/en/
Investor Contact: Rebecca Gardy (856) 342-6081 [email protected]
Media Contact: James Regan (856) 219-6409 [email protected]
CAMDEN, N.J.–(BUSINESS WIRE)–Aug. 14, 2025– The Campbell’s Company (NASDAQ:CPB) (Campbell’s) today announced that Mick Beekhuizen, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financial Officer, will participate in a fireside chat at the Barclays 18th Annual Global Consumer Staples Conference on Wednesday, September 4, 2025 at 8:15 a.m. ET.
A listen-only live webcast of the fireside chat can be accessed under the Events & Presentations section of the company’s investor relations website: https://investor.thecampbellscompany.com/. A replay will be accessible after the event through the same website.
For more than 155 years, The Campbell’s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across two divisions: Meals & Beverages and Snacks. Our portfolio of 16 leadership brands includes: Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory, Snyder’s of Hanover, Swanson and V8. For more information, visit www.thecampbellscompany.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250814183874/en/
We know that food choices can support our overall health, as can building and nurturing relationships with others. Some research suggests that loneliness can be harmful to health and connecting with others can provide many benefits. If you want more meaningful moments with family members and friends, we have some ways you can bond over delicious and nourishing meals and snacks.
Share a quick breakfast with your child, especially on the day of a big test, presentation, or just a groggy Monday to help boost them up.
Pack a slow-cooked dish or skillet dish in a thermal container instead of making a fast-food stop. Connect with kids in the car traveling from school to an evening practice or other activity and hear about their day.
Prepare meals as a family to connect across generations and extend the time you spend together.
Skillet creamy pesto chicken caprese
Make snack time a point of connection, too. Take a look at our balanced snacking tips for inspiration.
Share your favorite activity with a friend, like hiking, biking, or swimming and pack a homemade trail mix of Goldfish crackers, nuts, and dried fruit.
Hosting others doesn’t need to be time intensive. Warm up your favorite soup and serve with bread and a simple salad and spend more time connecting than cooking.
Take the time to prepare your favorite traditional family recipes and experiment with new flavors and globally-inspired dishes with your children and close friends.
Start simply by preparing more plant-based proteins, ancient whole grains, exotic fruits, vegetables, or regional spice blends in recipes.
If you are an adventurous eater, try a mash up of different culturally-inspired ingredients like this Chili Crisp Pasta alla Vodka recipe.
We hope these ideas help you connect with others and fuel your bodies. Enjoying quality time and good food together can support your overall wellness. Even the smallest and simplest moments can make a big difference. Want more easy ways to spend time with the people you love? Explore 6 simple tips to get family meals on the table more often.
CAMDEN, N.J.–(BUSINESS WIRE)–Jul. 18, 2025– The Campbell’s Company (NASDAQ:CPB) today announced that the company’s Board of Directors has elected Mary Alice Dorrance Malone Jr. as a member of the Board. Malone, 42, is the Founder and Chief Brand Director of Malone Souliers, an international luxury fashion brand.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250717733091/en/
Mary Alice Dorrance Malone Jr.
“We are pleased to welcome Mary Alice to Campbell’s Board of Directors,” said Keith R. McLoughlin, Chair of the Board. “Mary Alice’s unique blend of creative, analytical and entrepreneurial experience and deep appreciation of Campbell’s history will be an asset to the Board and the company.”
With nearly 20 years in the fashion industry, Malone has built and led successful businesses. She is experienced in general management, retail sales and brand building. In 2014, she founded Malone Souliers, a luxury footwear brand with global distribution and a reputation for beautifully crafted collections. In 2020, Malone acquired U.K.-based Duo Boots out of bankruptcy and successfully relaunched the forty-year-old footwear brand following improvements in operations and product development.
Malone is the great-granddaughter of Dr. John T. Dorrance, the inventor of condensed soup and President of the company from 1914-1930, and the granddaughter of John T. Dorrance Jr., a former Chair of the company from 1962-1984. She is the eldest daughter of long-time board member Mary Alice Dorrance Malone who served on the board from 1990 until her recent passing in June 2025.
Malone earned her B.A. in international politics from Elon University and studied design and manufacturing at the University of the Arts, Denver and London College of Fashion.
For more than 155 years, The Campbell’s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted Campbell’s to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across two divisions: Meals & Beverages and Snacks. The Campbell’s portfolio of 16 leadership brands includes: Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, Prego, Rao’s, Snack Factory pretzel crisps, Snyder’s of Hanover, Swanson and V8. For more information, visit www.thecampbellscompany.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250717733091/en/
Care is baked into our culture—not just in the food we make, but in the way we show up to help our local communities. Every year, our Days of Service brings together employees across North America to make a difference through volunteerism. Read more about our impact.
“Our commitment to care for our communities isn’t just something we talk about—it’s something we live by. Days of Service is an impactful and fun moment to support our local communities and make a lasting impact.” Andrea Patton, Senior Manager, Employee and Community Engagement
“Our commitment to care for our communities isn’t just something we talk about—it’s something we live by. Days of Service is an impactful and fun moment to support our local communities and make a lasting impact.”
Our employees not only helped our communities through traditional volunteer work, but we also leveraged our expertise to support local partners.
New to this year’s program was a partnership with Taproot to host ScopeAthon, a pro bono consulting summit where we welcomed 14 organizations to help tackle strategic challenges in areas like finance, marketing, strategy, HR and IT.
“This was hands-down the most impactful experience I’ve ever had. Everyone in our group, both volunteers and nonprofit partners, left feeling boosted and energized.” Christina O’Shea, Manager, Sustainability Reporting
“This was hands-down the most impactful experience I’ve ever had. Everyone in our group, both volunteers and nonprofit partners, left feeling boosted and energized.”
“I sincerely appreciate Campbell’s kindness, encouragement, and attentive listening, which helped us clarify our ideas and stay focused. Most importantly, thank you for providing us with a comprehensive and actionable plan to present to our board. Your support has made a meaningful difference, and I am truly grateful!” Camden Greenways Initiative
“I sincerely appreciate Campbell’s kindness, encouragement, and attentive listening, which helped us clarify our ideas and stay focused. Most importantly, thank you for providing us with a comprehensive and actionable plan to present to our board. Your support has made a meaningful difference, and I am truly grateful!”
We also welcomed back long-term partner Hopeworks to host mock interviews, both in person and remote, with program participants as they prepare to enter the job market.
From neighborhood cleanups to building restorations, see where we showed up.
Camden volunteers giving away local produce at the Full Futures farmers market.
Our Finance team participated in their third annual sandwich making relay for Cathedral Kitchen in Camden.
Team members clean up Petty’s Island, N.J. with NJ Natural Lands Trust.
Mexico City volunteers sorting clothes ahead of a clothing drive.
Refreshing after school spaces in Camden with LUCY Outreach.
Food packing and sorting for families in Charlotte, N.C.
Our leadership team in Mississauga, Canada preparing lunches for students.
Keeping the Pacific Wetlands free of trash in Portland, Ore.
Planting produce and weeding gardens for Apple Seeds Teaching Kitchen in Fayetteville, Ark.
Volunteering at the Central Texas Food Bank in Austin, Texas.
This Fourth of July, the Goldfish team packed their bags for the Jersey Shore to help families deal with the mess that can come with road trip snacking. Learn more about the free pitstop that included a carwash with orange suds and a Goldfish flavor wall to restock up on your favorite cracker combos.
@goldfishsmiles WE’RE OPEN! We’re hosting a free car wash specifically to clean out and replenish all of the dropped Goldfish® you lost. Come check out the Goldfish® Retrieval Service for yourself, today and tomorrow (July 3, 4). Crumbs happen. Smile on. Be like Goldfish®. Visit the link in bio to learn more. ♬ original sound – goldfishsmiles
WE’RE OPEN! We’re hosting a free car wash specifically to clean out and replenish all of the dropped Goldfish® you lost. Come check out the Goldfish® Retrieval Service for yourself, today and tomorrow (July 3, 4). Crumbs happen. Smile on. Be like Goldfish®. Visit the link in bio to learn more.
Goldfish and summer road trips go hand in hand. But let’s be honest, snacking with young children can often leave a mess. To help the 83% of Americans hitting the road this summer, we took the stress of car cleaning off families’ list.
“It’s all about keeping the smiles—and the snacking—going strong from the first mile to the last.” Danielle Brown, Vice President of Marketing, Goldfish
“It’s all about keeping the smiles—and the snacking—going strong from the first mile to the last.”
The free, family-friendly pit stop in Manahawkin, N.J. offered a playful car refresh—complete with an orange, sudsy exterior wash and interior vacuuming to clean up any Goldfish mess left behind.
And don’t forget to restock on the snacks! While families waited for their car, they could indulge in the Goldfish flavor wall, featuring 15 fun and flavorful varieties, including limited-edition Awesome Sauce and fan-favorite Spicy Dill Pickle.
Over the two days, the team welcomed more than 1,000 cars and 2,500 attendees!
For those who couldn’t make it to the area, fear not. The brand also unveiled a limited number of Goldfish crumb camouflaging car mats. These Goldfish-orange mats, designed for the back seat, featured Goldfish-shaped treads that stylishly camouflage snack spills and make cleanup a breeze. Each order came with a box of the new Goldfish Flavor Blasted Xtra Cheddar Summer Multipacks, and fans were quick to purchase with the second drop selling out in less than one minute!
The Goldfish Flavor Wall.
One of many delicious Goldfish flavor combos!
Goldfish crumb camouflaging car mats.
New for the summer, the team introduced their latest limited edition offering, Awesome Sauce flavored crackers. Also back by popular demand, limited edition OLD BAY seasoned Goldfish and Spicy Dill Pickle flavored Goldfish. Pro tip, if you combine the flavors, it tastes like a chicken sandwich!
