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Campbell Soup CPB Snacks — Cost of products sold

Other segment segments

Meals & Beverages
$1.01B-2.6%

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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 us-gaap:CostOfGoodsAndServicesSold.

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
(Millions)Three Months Ended / May 3, 2026 / Meals & BeveragesThree Months Ended / May 3, 2026 / SnacksThree Months Ended / May 3, 2026 / TotalThree Months Ended / April 27, 2025 / Meals & BeveragesThree Months Ended / April 27, 2025 / SnacksThree Months Ended / April 27, 2025 / Total
Net sales$1,426$940$2,366$1,493$982$2,475
Cost of products sold1,0136941,040690
Other segment items(1)200151200152
Segment operating earnings$213$95$308$253$140$393
Corporate expense (income)(2)60226
Restructuring charges(3)96
Earnings before interest and taxes$239$161
Interest expense8385

Item 1. Financial Statements

FAQ

What is Campbell Soup's snacks — cost of products sold?
Campbell Soup (CPB) reported snacks — cost of products sold of $694M in Q1 2026.
How has Campbell Soup's snacks — cost of products sold changed year-over-year?
Campbell Soup's snacks — cost of products sold increased by 0.6% year-over-year, from $690M to $694M.
What is the long-term trend for Campbell Soup's snacks — cost of products sold?
Over 2 years (2023 to 2025), Campbell Soup's snacks — cost of products sold has grown at a -2.9% compound annual growth rate (CAGR), from $3.15B to $2.97B.
What does snacks — cost of products sold mean?
Represents the direct costs attributable to the production and manufacturing of snack goods, including raw materials, labor, and overhead. Monitoring this metric is essential for evaluating the segment's gross margin efficiency and cost control capabilities.

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