ConAgra Brands Profit Sinks
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Conagra's grocery and snacks unit sales fell by 3.2% year-over-year, while those of refrigerated and frozen foods fell by 7.2%, with lower prices and volume in both segments.
From Investopedia
Third-quarter net income was $145.1 million, or 30 cents a share, down from $308.6 million, or 64 cents a share, in the prior year’s quarter.
From MarketWatch
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Conagra Brands, Inc. CAG is likely to register ... in the trailing four quarters. Tyson Foods, Inc. TSN currently has an Earnings ESP of +2.35% and a Zacks Rank of 3. The Zacks Consensus Estimate ...
FENNVILLE, MICH. — Conagra Brands, Inc. is closing its pie filling facility in Fennville by the end of June. The plant closing is expected to affect 85 employees, the company said. Daniel Hare ...
Conagra Brands has continued to face increasing pressures, including inflation, weight loss trends, and regulatory pressures. The company has cut its earnings outlook for FY 2025 on the back of ...
With a market cap of $12.6 billion, Conagra Brands, Inc. (CAG) is a consumer-packaged goods food company. The Chicago, Illinois-based company operates through four segments: Grocery & Snacks ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Backs FY25 organic net sales growth of approximately (2)% compared to fiscal 2024, consensus $11.76B. Don't Miss Our End of Quarter Offers:
The CPG food company announced this week that Bloom Energy will install approximately 6 MW of fuel cell technology at Conagra’s Troy and Archbold, Ohio production facilities.
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CEO Sean Connolly highlighted that Q3 performance aligned with expectations, with strong brand resilience and consumption trends despite supply chain constraints, particularly in frozen meals with chicken and frozen vegetables. Investments are being made to restore inventory and improve service levels.