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金宝汤公司Campbell Soup(CPB)2026财年第二季度业绩演示报告「NYSE」(英文版)(46页).pdf

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1、Earnings PresentationQ2 Fiscal 20261Todays AgendaRebecca Gardy Chief Investor Relations Officer WelcomeMick BeekhuizenChief Executive OfficerBusiness UpdateTodd CunferChief Financial OfficerFinancial Results and Outlook2Forward-looking StatementsSafe Harbor Regarding Forward-Looking StatementsThis p

2、resentation contains forward-looking statements”within the meaning of the federal securities laws.These forward-looking statements reflect our current expectations regarding our future results of operations,economic performance,financial condition and achievements.These forward-looking statements ca

3、n be identified by words such as anticipate,believe,estimate,expect,intend,plan,pursue,strategy,target,will and similar expressions.One can also identify forward-looking statements by the fact that they do not relate strictly to historical or current facts and may reflect anticipated cost savings or

4、 implementation of our strategic plan.These statements reflect our current plans and expectations and are based on information currently available to us.They rely on several assumptions regarding future events and estimates which could be inaccurate and which are inherently subject to risks and unce

5、rtainties.We wish to caution the reader that the following important factors and those important factors described in our other Securities and Exchange Commission filings,or in our most recent Form 10-K,could affect our actual results and could cause such results to vary materially from those expres

6、sed in any forward-looking statements made by,or on behalf of,us:declines or volatility in financial markets,deteriorating economic conditions and other external factors,including the impact and application of new or changes to existing governmental laws,regulations,and policies;the risks associated

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1. **Q2 FY26业绩低于预期**:净销售额26.84亿美元(同比-5%),调整后EBIT 2.82亿美元(同比-24%),调整后EPS 0.51美元(同比-31%)。 2. **业务表现分化**: - **餐饮与饮料(M&B)**:受1月风暴延误影响,有机净销售额同比-2%,运营利润率降至15.3%(原17.3%)。 - **零食**:有机净销售额同比-6%,运营利润率骤降至7.3%(原11.2%),Goldfish消费改善但竞争压力大。 3. **成本节约与战略调整**:加速成本节约以支持利润,更新FY26指引(净销售额下调至215-225亿美元,调整后EPS 2.15-2.25美元)。 4. **资本配置**:上半年股东回报2.63亿美元,净债务杠杆率3.8x。
**零食增长困境?** **成本如何优化?** **新品市场表现?**
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