Campbell's PEAK Savings Program to Boost Margins by 2028 Amid Cost Pressures

Campbell's has expanded its PEAK savings program to $375 million by 2028, up 50% from its initial target. The program aims to mitigate cost pressures through four pillars: network optimization, integration synergies, technology and organizational effectiveness, and indirect spend management. Campbell's expects to sustain these gains through fiscal 2028, positioning the company to rebuild margin resiliency in a volatile cost landscape. The company's guidance for fiscal 2026 includes approximately $70 million of enterprise cost savings and a 5% improvement in cost productivity.