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Conagra(CAG) - 2025 Q1 - Earnings Call Presentation
2024-10-02 13:41
CONAGRA • B R A N D S • FY25 Q1 Earnings Presentation October 2, 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. Yo ...
Conagra Brands (CAG) Q1 Earnings and Revenues Lag Estimates
ZACKS· 2024-10-02 13:41
Conagra Brands (CAG) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.17%. A quarter ago, it was expected that this company would post earnings of $0.56 per share when it actually produced earnings of $0.61, delivering a surprise of 8.93%.Over the last four quarters, the company ha ...
Conagra(CAG) - 2025 Q1 - Quarterly Results
2024-10-02 11:32
Exhibit 99.1 News Release For more information, please contact: MEDIA: Mike Cummins 312-549-5257 Michael.Cummins@conagra.com INVESTORS: Melissa Napier 312-549-5738 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 FIRST QUARTER RESULTS CHICAGO, October 2, 2024 — Today Conagra Brands, Inc. (NYSE: CAG) reported results for the first quarter of fiscal year 2025, which ended on August 25, 2024. All comparisons are against the prior-year fiscal period, unless otherwise noted. Highlights ...
Conagra Brands Reports First Quarter Results
Prnewswire· 2024-10-02 11:30
CHICAGO, Oct. 2, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the first quarter of fiscal year 2025, which ended on August 25, 2024. All comparisons are against the prior-year fiscal period, unless otherwise noted.HighlightsReported net sales decreased 3.8%; organic net sales decreased 3.5%.Reported operating margin was 14.4% representing a 247 basis point decrease. Adjusted operating margin was 14.2% representing a 244 basis point decrease.Reported diluted earnings per s ...
Top 2024 Passive Dividend Picks Are Starting To Deliver
Seeking Alpha· 2024-10-01 17:43
With the rate cuts starting now, wrapping up Q3 and entering the final stretch of 2024, I felt it was a good time to review and update my “top picks” forInterested in more income ideas? Check out Cash Builder Opportunities, where we provide ideas about high-quality and reliable dividend growth ideas. These investments are designed to build growing income for investors. A special focus on investments that are leaders within their industry to provide stability and long-term wealth creation. Along with this, t ...
Conagra Brands Announces Quarterly Dividend Payment
Prnewswire· 2024-10-01 11:30
CHICAGO, Oct. 1, 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 November 27, 2024 to stockholders of record as of the close of business on October 31, 2024.  Conagra Brands, Inc. has paid consecutive quarterly dividends since January 1976.About Conagra BrandsConagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded food companies. We combine a 100-ye ...
Conagra: Keeping My Expectations Low Ahead Of Earnings
Seeking Alpha· 2024-09-30 17:50
Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my performance.I have a generalist approach as I explore, analyze and invest in any sector so long there is perceived alpha potential vs the S&P500. The typical holding period ranges between a few quarters to multiple years ...
Conagra Brands (CAG) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-09-27 14:16
Wall Street analysts expect Conagra Brands (CAG) to post quarterly earnings of $0.59 per share in its upcoming report, which indicates a year-over-year decline of 10.6%. Revenues are expected to be $2.84 billion, down 2.2% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveals its earnings, it is vital to tak ...
Analysts Estimate Conagra Brands (CAG) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-09-25 15:02
Conagra Brands (CAG) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended August 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 2. ...
Conagra Brands Stock Gains 12% in 3 Months: Hold Steady or Exit Now?
ZACKS· 2024-09-10 14:42
Conagra Brands, Inc. (CAG) has seen its shares gain 12.3% in the past three months compared with the industry’s 7% growth. The branded consumer foods company has also surpassed the broader Zacks Consumer Staples sector and the S&P 500’s respective growth of 7.6% and 0.1%.Although Conagra Brands has outpaced the industry and market at large, this momentum masks underlying headwinds that could weigh on its performance. The company is grappling with elevated costs as well as challenging industry trends includi ...