Conagra Brands, Inc. (NYSE:CAG), a major supplier to supermarkets, foodservice establishments, and consumers, is a stock that we still like as a dividend-paying income name. Shares have stagnated, particularly in recent weeks, but remain at levels we like. We suggested a buy at the start of the year when shares were around $28, for income. We reiterated that call in October when the stock fell into the $20s, and today, we stand by the call and $32 price target. While we wait for conditions to improve for th ...

Key TakeawaysConagra Brands shares slid Thursday after the food giant lowered its profit outlook.CEO Sean Connolly cited a "challenging consumer environment," and said inflation will likely negatively affect Conagra's second-half results.The company's second-quarter sales and adjusted earnings topped analysts' estimates. Conagra Brands (CAG) shares slid Thursday after the food giant lowered its profit outlook, citing a "challenging consumer environment." CEO Sean Connolly said higher-than-expected inflation ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 24, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-7275 Delaware 47-0248710 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Ide ...

Conagra Brands, Inc. (CAG) posted second-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate while declining year over year. Despite a difficult consumer landscape, Conagra’s results were driven by strategic investments that delivered robust market share gains. Although momentum remains strong, management anticipates greater-than-expected inflation and adverse foreign exchange rates in fiscal 2025, prompting a revision to its fiscal 2025 guidance.CAG’s Quarterly P ...

Conagra Brands, Inc. (NYSE:CAG) Q2 2025 Earnings Q&A Conference Call December 19, 2024 9:30 AM ET Company Participants Melissa Napier - Head of Investor Relations Sean Connolly - President and Chief Executive Officer David Marberger - Executive Vice President and Chief Financial Officer Matthew Neisius - Senior Director, Investor Relations Conference Call Participants Andrew Lazar - Barclays Kenneth Goldman - JPMorgan Christopher Carey - Wells Fargo Thomas Palmer - Citi Peter Galbo - Bank of America Robert ...

For the quarter ended November 2024, Conagra Brands (CAG) reported revenue of $3.2 billion, down 0.4% over the same period last year. EPS came in at $0.70, compared to $0.71 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.14 billion, representing a surprise of +1.61%. The company delivered an EPS surprise of +2.94%, with the consensus EPS estimate being $0.68.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

CONAGRA • B R A N D S • FY25 Q2 Earnings Presentation December 19, 2024 1 Legal Disclosure Note on Forward-Looking Statements This document contains forward-looking statements within the meaning of the federal securities laws. Examples of forward-looking statements include statements regarding the company's expected future financial performance or position, results of operations, business strategy, plans and objectives of management for future operations, and other statements that are not historical facts. ...

Conagra Brands (CAG) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.94%. A quarter ago, it was expected that this company would post earnings of $0.59 per share when it actually produced earnings of $0.53, delivering a surprise of -10.17%.Over the last four quarters, the company ha ...

Exhibit 99.1 News Release For more information, please contact: MEDIA: Mike Cummins 312-549-5257 Michael.Cummins@conagra.com INVESTORS: Matthew Neisius 402-240-3226 IR@conagra.com F O R I M M E D I A T E R E L E A S E CONAGRA BRANDS REPORTS SECOND QUARTER RESULTS CHICAGO, December 19, 2024 — Today Conagra Brands, Inc. (NYSE: CAG) reported results for the second quarter of fiscal year 2025, which ended on November 24, 2024. All comparisons are against the prior year fiscal period, unless otherwise noted. Hig ...

CHICAGO, Dec. 19, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the second quarter of fiscal year 2025, which ended on November 24, 2024. All comparisons are against the prior year fiscal period, unless otherwise noted.Highlights Reported net sales decreased 0.4%; organic net sales increased 0.3%. Reported operating margin was 12.6% representing a 138 basis point decrease. Adjusted operating margin was 15.3% representing a 57 basis point decrease. Reported diluted earnings ...