Kimbell Soup's performance fell short of expectations, and after lowering its outlook, the stock price declined.

Investing.com - Campbell Soup’s stock price dropped over 5% in pre-market trading on Wednesday after the company reported second-quarter fiscal 2026 results that missed expectations and lowered its full-year outlook.

The company reported earnings per share (EPS) of $0.51 for the quarter, below analysts’ forecast of $0.57. Revenue was $2.6 billion, slightly below the consensus estimate of $2.61 billion.

Sales showed a fundamental decline, with organic revenue down 3% year-over-year. Adjusted EBIT also decreased 24% year-over-year to $282 million.

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Campbell Soup stated that weather-related disruptions led to weak performance. The company noted that storm-related shipping delays in January and associated supply chain costs reduced quarterly net sales by about 1%, while also decreasing adjusted EBIT by approximately $14 million and adjusted EPS by about $0.04.

Looking ahead, the company lowered its full-year outlook to reflect weaker performance in the first half and a more cautious view of the remaining year under current operating conditions.

The company now expects full-year adjusted EPS to be between $2.15 and $2.25, down from the previous forecast of $2.40 to $2.55. The revised outlook also falls below the current analyst consensus of $2.41.

Campbell Soup currently expects organic sales to decline 2% to 1%, whereas previous guidance projected a decline of 1% to growth of 1%.

The company now expects full-year adjusted EBIT to decrease 20% to 17%, compared to the previous guidance of a decline of 13% to 9%.

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