The Campbell's Company remains a hold, as weak consumer demand, margin pressure, and excess debt offset its 7% dividend yield. Q3 results were in line, with EPS of $0.50 and organic sales down 4%, but EBIT margins compressed 300bps to 11.6%. Rao's brand continues to gain market share, but Snacks segment faces ongoing volume and margin challenges, exacerbated by GLP-1 drug trends.
The Campbell's Company Stock Is Cheap For A Reason
Source: Seeking Alpha