The Campbell’s Company (CPB) Q4 2025 Earnings Call September 03, 2025 08:00 AM ET Speaker0Good morning, and welcome to Campbell's Company's Fourth Quarter Fiscal twenty twenty five Earnings Conference Call. Today's conference is being recorded. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I would now like to turn the call over to Rebecca Gardy, Chief Investor Relations Officer at Campbell's.Speaker1Good morning and welcome to T ...

亚马逊价格调整 - 亚马逊对近2500种低价商品（如除臭剂和蛋白粉）提价，其中1200种最便宜的家居用品价格上升 [2] - 沃尔玛对相同商品降价近2%，形成价格策略差异 [2] - 公司声明称被追踪商品不代表整体价格水平，强调"绝对低价"而非百分比变化是核心价值主张 [3][4] 关税影响分析 - 俄亥俄州Dayglow公司的金属篮子价格从9.31美元涨至19.99美元（涨幅115%） [5] - 进口商品及含进口部件的美国制造商品涨幅更大 [5] - 部分供应商表示未向零售商提价，但本土产品（如美国产金宝汤）仍现涨价 [4] 零售行业趋势 - 零售巨头采取差异化定价策略应对关税不确定性 [3] - Z世代和年轻千禧年消费者推动需求变革，要求个性化体验/即时履约/道德透明度 [6] - 84%消费者正采取平均5项措施应对关税导致的财务压力，44%已改变购物习惯 [7] 消费环境变化 - 学生贷款恢复/高房贷利率/关税/通胀共同导致市场情绪低迷 [6] - 消费者比以往更谨慎/精通技术/价值观导向，线上线下购物界限模糊化 [6]