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Daily Dividend Report: Lennar, Costco, H.B. Fuller, Fastenal, Conagra
Forbes· 2024-04-11 17:28
Lennar, one of the nation's leading homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per share for both Class A and Class B common stock payable on May 8, 2024 to holders of record at the close of business on April 24, 2024.10 Oversold Dividend Stocks »Costco Wholesale announced today that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from $1.02 to $1.16 per share, $4.64 on an annualiz ...
CONAGRA BRANDS ANNOUNCES QUARTERLY DIVIDEND PAYMENT
Prnewswire· 2024-04-11 11:30
CHICAGO, April 11, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that its Board of Directors approved a quarterly dividend payment of $0.35 per share of CAG common stock to be paid on May 30, 2024 to stockholders of record as of the close of business on April 30, 2024.  Conagra Brands, Inc. has paid consecutive quarterly dividends since January 1976. About Conagra Brands Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food compani ...
3 High-Yield Stocks In Rebound Mode: How High Can They Go?
MarketBeat· 2024-04-11 11:25
Key PointsGeneral Mills stock is rebounding following a double-bottom pattern that has it set up to return to trend. Conagra Brands is among the consumer staples sector's deepest values and highest yields. WK Kellogg is melting up and approaching a critical level that could lead to additional gains. 5 stocks we like better than General MillsGeneral Mills NYSE: GIS, WK Kellogg NYSE: KLG and Conagra NYSE: CAG are among the stocks with the lowest ratings tracked by Marketbeat. Their analysts are more pessimist ...
Why Conagra Brands Stock Jumped Today
The Motley Fool· 2024-04-04 22:06
The packaged foods company delivered slightly better-than-expected quarterly results.Shares of Conagra Brands (CAG 5.44%) climbed 5.4% on Thursday after the consumer packaged goods company announced stronger-than-expected quarterly results before the opening bell.On Conagra's better-than-feared quarterIn its fiscal 2024 third quarter, which ended Feb. 25, Conagra Brands' net sales declined 1.7% year over year to $3.03 billion, including a 0.3% tailwind from currency exchange rate moves and a 2% organic sale ...
Conagra(CAG) - 2024 Q3 - Quarterly Report
2024-04-04 20:30
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 February 25, 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 CONAGRA BRANDS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...
Conagra Stock Jumps on Strong Earnings as Cost Cuts Offset Sluggish Demand
Investopedia· 2024-04-04 17:55
Key TakeawaysConagra Brands shares jumped in intraday trading Thursday on a third-quarter earnings report that beat analyst estimates.The owner of dozens of food brands such as Slim Jim, Healthy Choice and Duncan Hines reported net sales of $3.03 billion for the quarter, just above estimates.The company credited cost-cutting measures and increased productivity for its higher-than-expected profit. Conagra Brands (CAG) stock rose Thursday following the release of a quarterly earnings report that beat analyst ...
Conagra(CAG) - 2024 Q3 - Earnings Call Transcript
2024-04-04 16:25
Conagra Brands, Inc. (NYSE:CAG) Q3 2024 Earnings Conference Call April 4, 2024 9:30 AM ET Company Participants Melissa Napier - Senior Vice President of Investor Relations Sean Connolly - Chief Executive Officer Dave Marberger - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan David Palmer - Evercore Chris Carey - Wells Fargo Alexia Howard - Bernstein Rob Dickerson - Jefferies Operator Good day and welcome to the Conagra Brands Third Quarter Fiscal Year 202 ...
Conagra (CAG) Q3 Earnings Beat, Organic Sales Decline Y/Y
Zacks Investment Research· 2024-04-04 15:36
Conagra Brands, Inc. (CAG) has delivered mixed results for the third quarter of fiscal 2024. In the quarter, the top and bottom lines declined year over year. Results have been affected by lower volumes stemming from the slowdown in consumption and the adverse impacts of pricing in certain segments. However, sales and earnings surpassed the Zacks Consensus Estimate.Quarter in DetailConagra’s quarterly adjusted earnings per share (EPS) came in at 69 cents, beating the Zacks Consensus Estimate of 63 cents. Th ...
Conagra Brands (CAG) Reports Q3 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-04-04 14:31
Conagra Brands (CAG) reported $3.03 billion in revenue for the quarter ended February 2024, representing a year-over-year decline of 1.7%. EPS of $0.69 for the same period compares to $0.76 a year ago.The reported revenue represents a surprise of +0.65% over the Zacks Consensus Estimate of $3.01 billion. With the consensus EPS estimate being $0.64, the EPS surprise was +7.81%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...
Conagra(CAG) - 2024 Q3 - Earnings Call Transcript
2024-04-04 12:00
Conagra Brands (CAG) Q3 2024 Earnings Call April 04, 2024 07:00 AM ET Speaker0Good morning. This is Melissa Napier from ConAgra Brands. Thank you for listening to these prepared remarks on our fiscal twenty twenty four third quarter earnings. At 09:30 Eastern Time this morning, we will hold a separate live question and answer session on today's results, which you can access via webcast on our Investor Relations website. Our press release, presentation materials and a transcript of these prepared remarks are ...