Exhibit 99.1

THE CAMPBELL’S COMPANY

Segment Information

Recast for Change in Segments

(millions)

(unaudited)

	Three Months Ended						Three Months Ended						Six Months Ended
	October 27, 2024						January 26, 2025						January 26, 2025
Fiscal 2025	Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total
Net sales	$	1,739	$	1,033	$	2,772	$	1,711	$	974	$	2,685	$	3,450	$	2,007	$	5,457
Cost of products sold	1,175		725				1,168		704				2,343		1,429
Other segment items(1)	221		172				247		161				468		333
Segment operating earnings	$	343	$	136	$	479	$	296	$	109	$	405	$	639	$	245	$	884

	Three Months Ended						Nine Months Ended						Three Months Ended
	April 27, 2025						April 27, 2025						August 3, 2025
Fiscal 2025	Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total
Net sales	$	1,493	$	982	$	2,475	$	4,943	$	2,989	$	7,932	$	1,236	$	1,085	$	2,321
Cost of products sold	1,040		690				3,383		2,119				842		766
Other segment items(1)	200		152				668		485				188		166
Segment operating earnings	$	253	$	140	$	393	$	892	$	385	$	1,277	$	206	$	153	$	359

	Three Months Ended						Three Months Ended						Six Months Ended
	October 29, 2023						January 28, 2024						January 28, 2024
Fiscal 2024	Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total
Net sales	$	1,434	$	1,084	$	2,518	$	1,411	$	1,045	$	2,456	$	2,845	$	2,129	$	4,974
Cost of products sold	954		754				951		734				1,905		1,488
Other segment items(1)	187		175				207		156				394		331
Segment operating earnings	$	293	$	155	$	448	$	253	$	155	$	408	$	546	$	310	$	856

	Three Months Ended						Nine Months Ended						Three Months Ended
	April 28, 2024						April 28, 2024						July 28, 2024
Fiscal 2024	Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total
Net sales	$	1,305	$	1,064	$	2,369	$	4,150	$	3,193	$	7,343	$	1,231	$	1,062	$	2,293
Cost of products sold	882		746				2,787		2,234				823		751
Other segment items(1)	187		158				581		489				190		159
Segment operating earnings	$	236	$	160	$	396	$	782	$	470	$	1,252	$	218	$	152	$	370

1

THE CAMPBELL’S COMPANY

Segment Information

Recast for Change in Segments

(millions)

(unaudited)

	Twelve Months Ended
	August 2, 2025						July 28, 2024						July 30, 2023
	Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total		Meals & Beverages		Snacks		Total
Net sales	$	6,179	$	4,074	$	10,253	$	5,381	$	4,255	$	9,636	$	5,022	$	4,335	$	9,357
Cost of products sold	4,225		2,885				3,610		2,985				3,365		3,078
Other segment items(1)	856		651				771		648				739		641
Segment operating earnings	$	1,098	$	538	$	1,636	$	1,000	$	622	$	1,622	$	918	$	616	$	1,534

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(1)Other segment items for each of the reportable segments include marketing and selling expenses, administrative expenses, research and development expenses and expense for amortization of intangible assets.

2