Sept 3 (Reuters) -

Goldfish crackers maker Campbell's Co on Wednesday

forecast fiscal 2026 profit below Wall Street estimates, as

tariff pressures are set to ramp up input costs, even as it

contends with sluggish demand for snacks.

The New Jersey-based company expects tariffs to account for

roughly 4% of its cost of goods sold, signaling added challenges

for consumer companies from the Trump administration's trade

policies as they navigate tepid demand from inflation-weary

customers.

Campbell's shares, down 25% this year, rose 1.7% in

premarket trading following the announcement.

The company projected fiscal 2026 net sales to remain

flat or decline up to 2%, assuming continued tariff pressures,

compared to a 2.4% fall expected by analysts.

For annual adjusted earnings per share, Campbell's

forecasts a decline of up to 18% to between $2.40 and $2.55 -

well below the analyst consensus of $2.63, according to LSEG

data.

Rivals including Kraft Heinz ( KHC ) and Conagra

have similarly reported softer demand for mainstream brands in

recent quarters.

"Consumers continue to be increasingly deliberate in

their food choices with a focus on premiumization, flavor

exploration, health and wellness and cooking at home," CEO Mick

Beekhuizen said.

The company reported mixed fourth-quarter results, with

net sales rising 1% to $2.32 billion, missing analysts' average

expectation of $2.33 billion, as per data compiled by LSEG.

Its adjusted profit of 62 cents per share, however, beat

analyst estimates of 56 cents.

Campbell's previously faced higher export costs for soup

shipped to Canada, but expects some relief after Canada

announced it would

remove many retaliatory import tariffs

on U.S. goods. A recent

U.S.-EU trade agreement

also set tariffs at 15% on most EU products - lower than

initially proposed rates.