CAMPBELL'S Co
Business
Campbell's Co is a manufacturer and marketer of branded food and beverage products. It offers soups, meals, beverages, pasta sauces, snacks, crackers, cookies, and related food items under brands including Campbell's, Rao's, Pepperidge Farm, Goldfish, Snyder's of Hanover, and V8. The company operates two reportable segments: Meals & Beverages (soup, simple meals, beverages in retail and foodservice in the U.S. and Canada) and Snacks (crackers, cookies, pretzels, chips, and snacking products in U.S. retail and Latin America). Products are distributed through retail food chains, mass discounters, club stores, e-commerce, and foodservice channels.
Summary from 10-K filed 2025-09-18
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Net sales | 10,253 | 9,636 | 9,357 | 8,562 | 8,476 | |
| Cost of products sold | 7,134 | 6,665 | 6,440 | 5,935 | 5,665 | |
| Marketing and selling expenses | 924 | 833 | 811 | 734 | 817 | |
| Administrative expenses | 674 | 737 | 654 | 617 | 598 | |
| Research and development expenses | 100 | 102 | 92 | 87 | 84 | |
| Other expenses / (income) | 273 | 261 | 32 | 21 | −254 | |
| Restructuring charges | 24 | 38 | 16 | 5 | 21 | |
| Total costs and expenses | 9,129 | 8,636 | 8,045 | 7,399 | 6,931 | |
| Earnings before interest and taxes | 1,124 | 1,000 | 1,312 | 1,163 | 1,545 | |
| Interest expense | 345 | 249 | 188 | 189 | 210 | |
| Interest income | 17 | 6 | 4 | 1 | 1 | |
| Earnings before taxes | 796 | 757 | 1,128 | 975 | 1,336 | |
| Taxes on earnings | 194 | 190 | 270 | 218 | 328 | |
| Net earnings | 602 | 567 | 858 | 757 | 1,002 | |
| Less: Net earnings (loss) attributable to noncontrolling interests | 0 | 0 | 0 | 0 | 0 | |
| Net earnings attributable to The Campbell's Company | 602 | 567 | 858 | 757 | 1,002 | |
| Net earnings attributable to The Campbell's Company (per share) | 2.02 | 1.9 | 2.87 | 2.51 | 3.31 | |
| Weighted average shares outstanding - basic | 298 | 298 | 299 | 301 | 303 | |
| Net earnings attributable to The Campbell's Company (per share) | 2.01 | 1.89 | 2.85 | 2.51 | 3.29 | |
| Weighted average shares outstanding - assuming dilution | 300 | 300 | 301 | 302 | 305 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 132 | 108 | 189 | 109 | 69 | |
| Accounts receivable, net | 583 | 630 | 529 | 541 | 595 | |
| Inventories | 1,424 | 1,386 | 1,291 | 1,246 | 933 | |
| Other current assets | 93 | 66 | 52 | 67 | 98 | |
| Total current assets | 2,232 | 2,190 | 2,061 | 1,963 | 1,695 | |
| Plant assets, net of depreciation | 2,767 | 2,698 | 2,398 | 2,343 | 2,370 | |
| Goodwill | 4,991 | 5,077 | 3,965 | 3,979 | 3,981 | |
| Other intangible assets, net of amortization | 4,356 | 4,716 | 3,142 | 3,198 | 3,239 | |
| Other assets | 550 | 554 | 492 | 409 | 449 | |
| Total assets | 14,896 | 15,235 | 12,058 | 11,892 | 11,734 | |
| Short-term borrowings | 762 | 1,423 | 191 | 814 | 48 | |
| Accounts payable | 1,332 | 1,311 | 1,306 | 1,334 | 1,070 | |
| Accrued liabilities | 688 | 720 | 592 | 621 | 576 | |
| Dividends payable | 120 | 115 | 113 | 114 | 115 | |
| Accrued income taxes | 4 | 7 | 20 | 3 | 5 | |
| Total current liabilities | 2,906 | 3,576 | 2,222 | 2,886 | 1,814 | |
| Long-term debt | 6,095 | 5,761 | 4,498 | 3,996 | 5,010 | |
| Deferred taxes | 1,353 | 1,426 | 1,067 | 1,074 | 1,051 | |
| Other liabilities | 638 | 676 | 608 | 603 | 705 | |
| Total liabilities | 10,992 | 11,439 | 8,395 | 8,559 | 8,580 | |
| Commitments and contingencies (Note 18) | — | — | — | — | — | |
| Preferred stock; authorized 40 shares; none issued | 0 | 0 | 0 | 0 | 0 | |
| Capital stock, $.0375 par value; authorized 560 shares; issued 323 shares | 12 | 12 | 12 | 12 | 12 | |
| Additional paid-in capital | 418 | 437 | 420 | 415 | 414 | |
| Earnings retained in the business | 4,694 | 4,569 | 4,451 | 4,040 | 3,742 | |
| Capital stock in treasury, at cost | −1,207 | −1,207 | −1,219 | −1,138 | — | |
| Accumulated other comprehensive income (loss) | −15 | −17 | −3 | 2 | 5 | |
| Total The Campbell Company's shareholders' equity | 3,902 | 3,794 | 3,661 | 3,331 | 3,152 | |
| Noncontrolling interests | 2 | 2 | 2 | 2 | 2 | |
| Total equity | 3,904 | 3,796 | 3,663 | 3,333 | 3,154 | |
| Total liabilities and equity | 14,896 | 15,235 | 12,058 | 11,892 | 11,734 | |
| Preferred Stock, Shares Authorized | 40 | 40 | 40 | 40 | 40 | |
| Preferred Stock, Shares Issued | 0 | 0 | 0 | 0 | 0 | |
| Common Stock, Par or Stated Value Per Share | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | |
| Capital Stock, Shares Authorized | 560 | 560 | 560 | 560 | 560 | |
| Common Stock, Shares, Issued | 323 | 323 | 323 | 323 | 323 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-07-31 | FY 2024 2024-07-31 | FY 2023 2023-07-31 | FY 2022 2022-07-31 | FY 2021 2021-07-31 |
|---|---|---|---|---|---|---|
| Impairment charges | 176 | 129 | 0 | 0 | 0 | |
| Stock-based compensation | 57 | 99 | 63 | 59 | 64 | |
| Amortization of inventory fair value adjustment from acquisition | 0 | 17 | 0 | 0 | — | |
| Pension and postretirement benefit expense (income) | 24 | 39 | −22 | −7 | −267 | |
| Depreciation and amortization | 434 | 411 | 387 | 337 | 317 | |
| Deferred income taxes | −54 | −47 | −5 | 21 | 137 | |
| Loss on sales of businesses | 25 | 0 | 13 | 0 | 11 | |
| Other | 119 | 138 | 100 | 88 | 86 | |
| Accounts receivable | 26 | −16 | −1 | 48 | −20 | |
| Inventories | −80 | 11 | −64 | −314 | −77 | |
| Other current assets | −14 | 4 | 13 | 25 | −28 | |
| Accounts payable and accrued liabilities | −167 | −128 | −164 | 200 | −164 | |
| Other | −41 | −77 | −51 | −42 | −47 | |
| Net cash provided by operating activities | 1,131 | 1,185 | 1,143 | 1,181 | 1,035 | |
| Purchases of plant assets | −426 | −517 | −370 | −242 | −275 | |
| Purchases of routes | −144 | −29 | −13 | −1 | −2 | |
| Sales of routes | 121 | 34 | 1 | 2 | 10 | |
| Business acquired, net of cash acquired | 0 | −2,617 | 0 | 0 | 0 | |
| Sales of businesses, net of cash divested | 258 | 0 | 41 | 0 | 101 | |
| Other | 4 | 1 | 1 | 11 | 8 | |
| Net cash used in investing activities | −187 | −3,128 | −340 | −230 | −158 | |
| Short-term borrowings, including commercial paper and delayed draw term loan | 1,846 | 5,622 | 3,677 | 1,173 | 320 | |
| Short-term repayments, including commercial paper and delayed draw term loan | −1,796 | −5,576 | −3,749 | −997 | −580 | |
| Proceeds from Issuance of Long-Term Debt | 1,144 | 2,496 | 500 | 0 | 0 | |
| Long-term repayments | −1,550 | −100 | −566 | 0 | −921 | |
| Dividends paid | −459 | −445 | −447 | −451 | −439 | |
| Treasury stock purchases | −62 | −67 | −142 | −167 | −36 | |
| Treasury stock issuances | 0 | 2 | 22 | 3 | 2 | |
| Payments related to tax withholding for stock-based compensation | −30 | −46 | −19 | −18 | −15 | |
| Payments of debt issuance costs | −12 | −23 | 0 | 0 | 0 | |
| Other | 0 | 0 | 1 | 0 | 0 | |
| Net cash provided by (used in) financing activities | −919 | 1,863 | −723 | −910 | −1,669 | |
| Effect of exchange rate changes on cash | −1 | −1 | 0 | −1 | 2 | |
| Net change in cash and cash equivalents | 24 | −81 | 80 | 40 | −790 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is CAMPBELL'S Co's CIK number?
CAMPBELL'S Co's SEC CIK number is 0000016732 (16732). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CAMPBELL'S Co's SEC filings?
All of CAMPBELL'S Co's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did CAMPBELL'S Co last report earnings?
CAMPBELL'S Co (CPB) most recently filed an earnings 8-K with the SEC on Jun 8, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000016732-26-000010). This is CAMPBELL'S Co's most recent earnings filing of record — not a forecast of its next earnings date.
What is CAMPBELL'S Co's most recent earnings 8-K?
CAMPBELL'S Co's latest earnings 8-K (Item 2.02) was filed Jun 8, 2026 under accession 0000016732-26-000010. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View CAMPBELL'S Co's latest earnings 8-K →
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