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Campbell Soup CPB Meals & Beverages — Restructuring and Related Cost, Expected Cost Allocation

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Other financials

Income statement

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Revenue$2.4B-4.4%
Gross profit$650.0M-10.7%
Operating income$239.0M+48.4%
Net income$124.0M+87.9%
EPS (diluted)$0.41+86.4%

Balance sheet

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Cash & equivalents$402.0M+181%
Total debt$7.2B+1.7%
Total equity$4.0B+4.1%
Total assets$15.1B+2.1%

Cash flow

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Operating cash flow$99.0M-26.7%
CapEx$70.0M-17.6%
Free cash flow$29.0M-42.0%

Valuation

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Market cap$6.87B-29.5%
Enterprise value$13.66B-18.1%
P/E11.3×-10.0×
P/S0.7×-0.3×

Profitability

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Gross margin28.8%-1.4pp
Operating margin11.3%+2.1pp
Net margin6.1%+1.7pp
FCF margin6.8%-0.3pp

Returns & leverage

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Return on equity15.4%+3.7pp
Debt / equity1.8×0.0×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Campbell Soup in its filing.

Tagged under the XBRL concept cpb:RestructuringandRelatedCostExpectedCostAllocation.

The source filing: Campbell Soup’s 10-Q, filed June 8, 2026.

Filed
Jun 8, 2026, 7:26 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000016732-26-000012

We expect the costs for the actions that have been identified to date to consist of the following: approximately $90 million in severance pay and benefits; approximately $55 million in asset impairment and accelerated depreciation; and approximately $165 million in implementation costs and other related costs. We expect these pre-tax costs to be associated with our segments as follows: Meals & Beverages - approximately 54%; Snacks - approximately 26% and Corporate - approximately 20%.

Item 1. Financial Statements

FAQ

What is Campbell Soup's meals & beverages — restructuring and related cost, expected cost allocation?
Campbell Soup (CPB) reported meals & beverages — restructuring and related cost, expected cost allocation of 54% in Q1 2026.
How has Campbell Soup's meals & beverages — restructuring and related cost, expected cost allocation changed year-over-year?
Campbell Soup's meals & beverages — restructuring and related cost, expected cost allocation decreased by 22.9% year-over-year, from 70% to 54%.
What is the long-term trend for Campbell Soup's meals & beverages — restructuring and related cost, expected cost allocation?
Over 4 years (2021 to 2025), Campbell Soup's meals & beverages — restructuring and related cost, expected cost allocation has grown at a 22.4% compound annual growth rate (CAGR), from 127% to 285%.
What does meals & beverages — restructuring and related cost, expected cost allocation mean?
Estimates the anticipated financial impact of organizational changes, such as facility closures, workforce reductions, or process realignments within the segment. This metric provides transparency into the costs associated with strategic pivots or operational streamlining efforts. It helps investors evaluate the short-term cost of achieving long-term efficiency gains.

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