1. CPB reported Q1 earnings of 77 cents, topping estimates of 73 cents. 2. Quarterly sales reached $2.677 billion, exceeding $2.657 billion forecast. 3. Organic sales for FY 2026 projected to decline or grow 1%. 4. Adjusted EPS forecasted between $2.40 to $2.55, a 12%-18% decline. 5. Analysts lowered CPB price targets after earnings announcement.