Campbell’s Co. (NASDAQ:CPB) reported stronger-than-expected first-quarter sales on Tuesday, buoyed by steady demand for its canned soups and convenient ready-to-eat meals. With many households choosing to cook at home rather than splurge on restaurant dining amid economic uncertainty, the company continues to benefit from consumers’ shift toward pantry staples.

Lingering inflation and fluctuations tied to tariffs have pushed shoppers to prioritize affordable, shelf-stable products—categories where Campbell’s has long held a strong presence.

In September, Campbell’s announced it will begin phasing out synthetic dyes across its food and beverage portfolio starting in fiscal 2026, aligning with rising consumer interest in cleaner ingredient labels and the Trump administration’s “Make America Healthy Again” push.

The company also revealed plans to purchase a 49% stake in La Regina SPA, the maker of Rao’s sauces, in a $286 million deal expected to close in the second half of fiscal 2026.

For the quarter ended Nov. 2, Campbell’s posted net sales of $2.7 billion, beating the $2.66 billion consensus estimate compiled by LSEG. Management also reiterated its full-year outlook for both revenue and profit.

Campbell Soup Company stock price

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