{
  "id": 5435885,
  "title": "Stock Market Today, Sept. 3: Campbell's Stock Slumps on Weaker Profit and Sales Miss",
  "url": "https://urgent.news/2026/09/03/stock-market-today-sept-3-campbells-stock-slumps-on-weaker-profit-and-5435885",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T20:57:57.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/stock-market-today/2026/09/03/stock-market-today-sept-3-campbell-s-stock-slumps-on-weaker-profit-and-sales-miss/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Campbell's stock fell sharply on Thursday, September 3, 2021, as the company reported weaker fourth-quarter profitability and sales, leading to a dividend reduction. The stock closed at $22.13, down 6.96%, after trading volume surged to 37.4 million shares, about 343% higher than its three-month average of 8.4 million shares.\n\nThe S&P 500 index rose 1.07% to 7,748, while the Nasdaq Composite index gained 1.40% to 26,584. Other packaged-food companies, including Kraft Heinz and General Mills, also saw their stocks decline, with Kraft Heinz closing at $25.42, down 3.20%, and General Mills at $39.26, down 3.25%.\n\nIncome investors who owned Campbell's stock were disappointed by the company's announcement of a 36% dividend cut as part of a plan to strengthen its balance sheet amidst inflationary pressures and declining sales. Additionally, Campbell's has announced a new $500 million cost-savings plan through 2030.",
  "summary": "On Sept. 3, 2026, the packaged-food maker cut its dividend 36% and outlined a $500 million cost-savings plan to offset margin pressure.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Stock Market Today, Sept. 3: Campbell's Stock Slumps on Weaker Profit and Sales Miss",
        "url": "https://urgent.news/2026/09/03/stock-market-today-sept-3-campbells-stock-slumps-on-weaker-profit-and",
        "published": "2026-09-03T21:17:57.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}