FY24 Q4 Earnings Presentation July 11, 2024 1 Legal Disclosure Note on Forward-Looking Statements This document contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Readers of this document should understand that these statements are not guarantees of performance or results. Many factors could affect our actual financial results and ca ...

Conagra Brands (CAG) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.93%. A quarter ago, it was expected that this company would post earnings of $0.64 per share when it actually produced earnings of $0.69, delivering a surprise of 7.81%.Over the last four quarters, the company has ...

CONAGRA BRANDS REPORTS FOURTH QUARTER RESULTS AND QUARTERLY DIVIDEND CHICAGO, July 11, 2024 — Today Conagra Brands, Inc. (NYSE: CAG) reported results for the fourth quarter and full year fiscal year 2024, which ended on May 26, 2024. All comparisons are against the prior- year fiscal period, unless otherwise noted. Highlights CEO Perspective Sean Connolly, president and chief executive officer of Conagra Brands, commented, "Our investments in our brands continued to yield results, and again drove volume imp ...

CHICAGO, July 11, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the fourth quarter and full year fiscal year 2024, which ended on May 26, 2024. All comparisons are against the prior-year fiscal period, unless otherwise noted.HighlightsFourth quarter:Reported net sales decreased 2.3% and organic net sales decreased 2.4%Reported operating margin was (19.1)%; adjusted operating margin was 14.8%Reported diluted loss per share for the fourth quarter was $1.18, primarily as a re ...

Loading...Loading...Conagra Brands, Inc. CAG will release its fiscal 2024 fourth quarter financial results, before the opening bell on Thursday, July 11.Analysts expect the Chicago, Illinois-based company to report quarterly earnings at 57 cents per share, down from 62 cents per share in the year-ago period. Conagra Brands is expected to post revenue of $2.93 billion, compared to $2.97 billion a year earlier, according to data from Benzinga Pro.On April 11, Conagra Brands announced a quarterly dividend paym ...

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Thomas BarwickDear readers/followers, Conagra Brands (NYSE:CAG) is slated to present earnings for 1Q24, which is in three days from my time of writing this article. Because Conagra remains a non-trivial position in my commercial and personal portfolio, I intend to present you with an earnings preview here - both looking at what upside we may get for Conagra. I have been pushing capital to work here since the company has been cheap, in my estimate. And in my estimate, the company is "cheap" below a $29 s ...

Conagra Brands, Inc. (CAG) is likely to register a top- and bottom-line decline when it reports fourth-quarter fiscal 2024 earnings on Jul 11. The Zacks Consensus Estimate for net sales is pegged at $2.9 billion, suggesting a decline of 1.2% from the prior-year quarter’s reported figure. The consensus mark for the fiscal 2024 top line is pegged at $12.1 billion, indicating a decline of 1.6% from the year-ago period’s reported figure.The consensus mark for quarterly earnings has moved down by a penny in the ...

Conagra Brands, Inc. (CAG) maintains its focus on investing in innovation, considering it the primary asset in its strategic approach and essential for enhancing its brands and fostering sustainable growth. In its latest release, the company announced that it is launching an impressive array of more than 50 new products this summer.These innovations span single-serve and multi-serve frozen meals, frozen vegetables and snacks, enhancing Conagra's extensive portfolio of top-tier brands. With strong brands lik ...

Conagra Brands, Inc. (CAG) continues to be driven by its focus on brand-building through innovation, merchandising and advertising. The company has been witnessing market share gains in the frozen category. In the third quarter of fiscal 2023, the frozen business remained strong despite a challenging landscape. This reflects the forte of the company’s brands and the effective execution of the Conagra Way playbook.These upsides bode well for this Zacks Rank #3 (Hold) company amid elevated costs related to gr ...