U.S. Stocks Mixed Amid Campbell's Q4 Earnings Beat

US stocks traded mixed, with the Dow Jones falling 0.37% to 45,130.04. Campbell's reported Q4 sales growth of 1% YoY to $2.32 billion, beating estimates. Energy stocks fell 1.9%, while communication services shares jumped 3.1%. Commodities saw oil trade down 2.4% to $64.00, while gold traded up 0.9% to $3,623.50. European shares were higher, with the STOXX 600 rising 0.44%. Asian markets closed mostly lower, with Japan's Nikkei 225 falling 0.88%.

US stocks traded mixed on September 2, with the Dow Jones falling 0.37% to 45,130.04. Campbell's Soup Company (CPB) reported a 1% year-over-year (YoY) increase in fourth-quarter (Q4) net sales to $2.32 billion, slightly exceeding estimates [1]. The company's organic net sales decreased 3% in Q4, excluding impacts from the additional week in fiscal '25 and divestitures. Adjusted EBIT and adjusted EPS were down 2% versus the prior year, reflecting ongoing cost pressures. Campbell's expects a significant impact from tariffs in fiscal '26, projected at approximately 4% of Cost of Products Sold [1].

Campbell's plans to increase marketing support and new product innovation across leadership brands in fiscal '26. The company also aims to expand its cost-savings program to $375 million by the end of fiscal '28, a 50% increase over the previous estimate. The company's CEO, Mick Beekhuizen, noted that the fiscal '26 guidance reflects a focus on consumer trends, increased brand support, and innovation [1].

Energy stocks fell 1.9%, while communication services shares jumped 3.1%. Commodities saw oil trade down 2.4% to $64.00, while gold traded up 0.9% to $3,623.50. European shares were higher, with the STOXX 600 rising 0.44%. Asian markets closed mostly lower, with Japan's Nikkei 225 falling 0.88%.

References:
[1] https://finance.yahoo.com/news/campbells-co-cpb-q4-2025-070246957.html