Campbell’s Cuts Dividend 36% After Weak Quarter and Soft 2027 Outlook
Campbell’s slashed its dividend to $1.00 and guided FY2027 sales down 2–4% after weak snacks demand and a $117M brand impairment.
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Marvell and Flex Soar on S&P 500 Inclusion
Marvell and Flex jump after joining S&P 500; inclusion boosts demand as investors bet on AI-driven chip growth.
Campbell’s Slashes 2026 Profit Outlook to Lowest in a Decade as Snacks Slump
Campbell’s Q2 FY2026 sales fell 5% to $2.6B and adjusted EPS dropped 31% to $0.51. Company lowers full-year guidance to $2.15–$2.25/share due to weak Snacks demand and January storm impact.
Campbell's Stock Plunges Despite Sales Beat as Tariffs Squeeze Margins
Campbell's (CPB) shares fell 6% to near 16-year lows despite beating estimates. Q1 sales dropped 3% to $2.68B as tariffs, inflation hit margins. Full-year guidance maintained.