Campbell's Shares Drop Sharply Following Quarterly Loss and Dividend Reduction

Campbell's Shares Tumble After Dividend Cut As UBS Warns Of "Another Tough Year"

Campbell's Shares Tumble After Dividend Cut As UBS Warns Of "Another Tough Year" Shares of soup-and-snack maker Campbell's tumbled the most in nearly six months in premarket trading after the company swung to a quarterly loss, slashed its dividend, and warned that weakening demand and elevated costs were squeezing margins. Campbell's expects fiscal 2027 adjusted EPS of $1.65 to $1.80, missing the Bloomberg Consensus estimate of $1.84. Net and organic sales are expected to contr...

By Tyler Durden