Stock of The Campbell's Company (CPB) is moving down about 6 percent during Wednesday morning trading following the announcement of its second-quarter financial results, which saw a decline in earnings to $145 million, or $0.48 per share, from last year's $173 million, or $0.58 per share.
The company's stock is currently trading at $23.20, down 6.00 percent or $1.49, over the previous close of $24.68 on the Nasdaq. It has traded between $23.27 and $40.59 in the past one year.
Additionally, the company trimmed its adjusted earnings and organic net sales guidance for the full-year 2026, expecting adjusted earnings in a range of $2.15 to $2.25 per share on organic net sales decline of 2 to 1 percent. Previously, the company expected adjusted earnings in the range of $2.40 to $2.55 per share on organic net sales between down 1 percent and up 1 percent.
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September 04, 2026 15:08 ET The job report and foreign trade data were the main economic news from the U.S. in the first week of September. Elsewhere in North America, the Canadian central bank announced its latest policy decision. Inflation data from Eurozone was the highlight in Europe. The latest interest rate decision by the Reserve Bank of New Zealand drew attention in Asia.