Campbell’s forecasts FY2027 adjusted EPS USD 1.65-1.80, down 17%-24%
CPB•Assumptions behind the forecast
The outlook assumes low-single-digit net pricing benefit; consumption trends broadly consistent with recent levels; and La Regina modest sales contribution.
Key pressures include 5% to 6% raw material and packaging inflation; double-digit logistics inflation; and interest expense of $345 million to $350 million.
Margin support from productivity and cost cuts
Margin support is expected from productivity above 4% with benefits building.
Campbell’s also expects more than $100 million in cost cuts in 2027 under a $500 million program.
FY2027 outlook calls for lower sales and earnings
Campbell’s forecasts fiscal 2027 net sales down 2% to 4%, with organic net sales down 2% to 4%.
Adjusted EBIT is expected to fall 7% to 12%; adjusted EPS is seen at $1.65 to $1.80, down 17% to 24%.
