India, Sept. 3 -- While reporting financial results for the fourth quarter on Thursday, Campbell's Co. (CPB) initiated its adjusted earnings, net sales and organic net sales growth guidance for the full-year 2027.
The company said the outlook reflects an external environment which it expects will remain volatile, another year of elevated inflation, and several longer-term benefits that are expected to build through the year to increasingly support our margins.
For fiscal 2027, the company now projects adjusted earnings in a range of $1.65 to $1.80 per share on net sales and organic net sales decline of 4 to 2 percent.
For the fourth quarter, the company reported a net loss attributable to common shareholders of $69 million or $0.23 per s...