Conagra(CAG)
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Conagra(CAG) - 2025 Q1 - Quarterly Report
2024-10-02 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 August 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) Delaware 47-0248710 (State or ...
Crude Oil Edges Higher; ConAgra Posts Downbeat Earnings
Benzinga· 2024-10-02 18:24
U.S. stocks traded slightly higher toward the end of trading, with the Nasdaq Composite gaining around 0.2% on Wednesday.The Dow traded up 0.07% to 42,186.44 while the NASDAQ gained 0.24% to 17,952.61. The S&P 500 also rose, gaining, 0.03% to 5,710.22.Check This Out: How To Earn $500 A Month From McCormick Stock Ahead Of Q3 EarningsLeading and Lagging SectorsInformation technology shares jumped by 0.6% on Wednesday.In trading on Wednesday, consumer staples shares dipped by 1%.Top HeadlineConAgra Brands, Inc ...
Conagra Brands, Inc. (CAG) Q1 2025 Earnings Q&A Call Transcript
Seeking Alpha· 2024-10-02 17:10
Conagra Brands, Inc. (NYSE:CAG) Q1 2025 Earnings Q&A Conference Call October 2, 2024 9:30 AM ET Company Participants Melissa Napier - Senior Vice President of Investor Relations Sean Connolly - President and Chief Executive Officer David Marberger - Executive Vice President and Chief Financial Officer Conference Call Participants Kenneth Goldman - JPMorgan Chase & Co. Andrew Lazar - Barclays Bank PLC Alexia Howard - Sanford C. Bernstein & Co. Leah Jordan - Goldman Sachs Group, Inc. Nik Modi - RBC Capital Ma ...
Conagra (CAG) Stock Drops After Earnings Miss
Gurufocus· 2024-10-02 16:06
Conagra Brands (CAG, Financial) experienced a significant movement today, with its stock price falling by 9.95% to $29.465. This decline follows a disappointing earnings report for fiscal Q1 2025.For fiscal Q1 2025, analysts had forecasted Conagra to earn $0.59 per share on sales exceeding $2.8 billion. However, the company reported earnings of just $0.53 per share, with sales falling slightly short of the $2.8 billion mark.Q1 saw sales decrease by 4% and operating profit margins drop nearly 250 basis point ...
Conagra Brands Inc (CAG) Stock Price Down 9.29% on Oct 2
Gurufocus· 2024-10-02 16:04
Shares of Conagra Brands Inc (CAG, Financial) fell 9.29% in mid-day trading on Oct 2. The stock reached an intraday low of $29.38, before recovering slightly to $29.68, down from its previous close of $32.72. This places CAG 10.71% below its 52-week high of $33.24 and 17.97% above its 52-week low of $25.16. Trading volume was 9,084,945 shares, 189.5% of the average daily volume of 4,793,746.Wall Street Analysts ForecastBased on the one-year price targets offered by 15 analysts, the average target price for ...
Conagra Q1 Earnings Lag Estimates, Organic Sales Decline Y/Y
ZACKS· 2024-10-02 16:01
Conagra Brands, Inc. (CAG) posted soft first-quarter fiscal 2025 results, wherein the bottom and top lines declined year over year and fell short of the respective Zacks Consensus Estimate. Despite the ongoing difficult landscape, Conagra progressed well on its key priorities. Domestic retail volumes met the company’s expectations, market share expanded across the portfolio, and progress was made on portfolio reshaping initiatives.CAG’s Quarterly Performance: Key Metrics and InsightsConagra’s quarterly adju ...
Conagra Brands: Don't Overthink It, Collect A Paycheck
Seeking Alpha· 2024-10-02 15:57
Conagra Brands, Inc. (NYSE: CAG ) is a major food supplier to supermarkets and consumers. We last suggested a buy at the start of the year when shares were around $28, for income . WePay yourself dividends with outsized returnsGet more with our playbook to significantly grow your wealth by embracing a blended trading and investing approach at our one-stop shop.Our prices go up November 1st, but right now we have a big sale on the current price. Join NOW and you can lock in 75% of savings versus the $1,668 s ...
Conagra(CAG) - 2025 Q1 - Earnings Call Transcript
2024-10-02 15:30
Conagra Brands, Inc. (NYSE:CAG) Q1 2025 Earnings Conference Call October 2, 2024 9:00 AM ET Company Participants Melissa Napier - Senior Vice President of Investor Relations Sean Connolly - President and Chief Executive Officer David Marberger - Executive Vice President and Chief Financial Officer Conference Call Participants Melissa Napier Good morning. Thank you for listening to our prepared remarks for Conagra Brands First Quarter Earnings. At 9:30 Eastern Time this morning, we will hold a separate live ...
Conagra Faces Rare Earnings Miss Amid Manufacturing Disruption
Gurufocus· 2024-10-02 15:14
Consumer packaged goods giant Conagra (CAG, Financial) is facing significant backlash today after missing earnings expectations due to a larger-than-expected year-over-year sales decline in Q1. Known for brands like Slim Jim and Vlasic, Conagra had warned that FY25 would be a transitional year, but the company hasn't missed top and bottom-line estimates since Q3 2020, making today's results particularly surprising. What happened? Conagra experienced a manufacturing disruption, halting production at its Hebr ...
Conagra Brands (CAG) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-02 14:32
Conagra Brands (CAG) reported $2.79 billion in revenue for the quarter ended August 2024, representing a year-over-year decline of 3.8%. EPS of $0.53 for the same period compares to $0.66 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.84 billion, representing a surprise of -1.57%. The company delivered an EPS surprise of -10.17%, with the consensus EPS estimate being $0.59.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...