Campbell Soup Cuts Dividend by 36% to Accelerate Debt Reduction

Key Facts

1Campbell Soup reduced its quarterly dividend by 36% to $0.25 per share to accelerate debt reduction.

2The company issued defensive fiscal 2027 guidance, expecting net sales to decline and adjusted EPS to be significantly lower.

Campbell Soup reduced its quarterly dividend by 36% to $0.25 per share to accelerate debt reduction. AD HOC NEWS reported that the company issued defensive fiscal 2027 guidance, expecting net sales to decline and adjusted EPS to be significantly lower. The move is part of a broader effort to strengthen the balance sheet amid projected earnings pressure.

CPB closed at $19.83 on September 30, 2026, trading near its yearly lows following the announcement. The fiscal 2027 outlook points to a difficult operating year ahead, with management anticipating a decline in sales and adjusted earnings compared to the fiscal 2026 results.