Campbell sees a tariff in the coming year with economic uncertainty Business and Economics News

The golden light meal maker also plans to stop using artificial dyes by the second half of its fiscal year 2026.

Campbell expects sales to decrease next year, as the economic uncertainty that the customs tariff burden the food maker.

In the fourth -quarter profit report on Wednesday, the New Jersey company said its seat, its sales will remain flat or decrease by up to 2 percent next year.

Camples, which is famous for canned soup products, said it expects the customs tariffs to represent about 4 percent of the cost of goods for the 2026 fiscal year that started on August 4.

The company says it plans to reduce the cost with some price increases and other costs saving measures, as they burden inflation on the amount of consumers spend.

“Consumers are still increasingly deliberate in their nutritional options,” said CEO Mick Beckhuzen.

The latest consumer price index report, which reflects the month of July, which was issued in mid -August, showed that the prices of food at home increased by 2.2 percent compared to the same period last year.

“The company faces a dynamic operational and organizational environment that leads to great pressure in the cost of inputs, mainly driven by definitions, which, despite great mitigation efforts, reduces its profit expectations for the next fiscal year,” said Beckhuzen.

Campbell expects the amended annual profit per share will decrease by up to 18 percent to between $ 2.40 and $ 2.55, including customs tariffs, and less than $ 2.63 estimates, according to the data collected by LSEG.

Brands are used for food such as Campbells and their steel competitors in their boxes, which were subject to A severe tariff. The Can Manufacturers Institute warned earlier this year that the customs tariff would put pressure on food producers, especially since the local hardware used in cans has decreased by 75 percent over the past eight years.

“The makers of the domestic box and canned food producers are now importing approximately 80 percent of the steel of the tin from the trade allies,” said Robert Bodowe, head of the Manufacturer Institute, at the time.

Campbell stated that net sales increased in the fourth quarter by 1 percent to $ 2.3 billion. Prices also increased by 2 percent for a quarter, which led to a decrease in the size of 4 percent.

Chip

The golden light meal maker also plans to stop using artificial food dyes in its products by the second half of the 2026 fiscal year. The company plans to replace it with more natural alternatives such as Annatto, which is an orange -orange diet made of Achiote tree seeds, and the purple carrot juice in Lance Crackers and V8 Splash.

It joins the industry peers, including Pepsico, power And Nestle, to replace artificial food dyes with natural sounds in response to the initiative of Minister of Health Robert F.

In Wall Street, the company’s shares rose on the news, until 11:30 am in New York (15:30 GMT), increased by 4.6 percent.