Business Context and Reporting Period
This Form 8-K was filed by The Campbell's Company on December 9, 2025. The report provides supplemental information regarding a retrospective change in segment reporting effective for fiscal 2026. The filing clarifies how historical results will be recast to align with the new management structure.
Key Financial Metrics
This filing does not contain specific financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity figures. The document explicitly states that it does not revise the company's previously reported consolidated financial statements for any period. Detailed recast historical quarterly and year-to-date unaudited financial information is referenced as being attached in Exhibit 99.1 but is not included in the text of this filing.
Material Changes Versus Prior Period
The primary material change is a realignment of reportable segments effective in fiscal 2026:
- Meals & Beverages Segment: Now includes the snacking and meals and beverages retail business in Latin America, which was previously reported under the Snacks segment.
- Snacks Segment: Continues to consist of Pepperidge Farm, Snyder's of Hanover, and other U.S. retail snacking products. It no longer includes the Latin America retail business.
- Divestitures: The filing notes the sale of the noosa yoghurt business on February 24, 2025, and the Pop Secret popcorn business on August 26, 2024.
Guidance, Outlook, and Risks
The filing does not provide new financial guidance, outlook, or management commentary on future performance. It serves strictly as a disclosure under Regulation FD to aid investors in understanding the retrospective impact of the segment change. No new risks or contingencies are identified in this specific report.
Important Facts for Investor Verification
- Review Exhibit 99.1 for the specific recast historical financial data reflecting the segment realignment.
- Confirm that consolidated financial statements remain unchanged despite the segment reclassification.
- Note the exclusion of the noosa yoghurt and Pop Secret businesses from current segment definitions due to prior sales.
- Verify the inclusion of Latin America retail snacking and meals/beverages within the Meals & Beverages segment for all future and recast historical reporting.