CHICAGO, Sept. 4, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will release its fiscal 2025 first quarter results on Wednesday, October 2, 2024. A press release and supplemental materials, including pre-recorded remarks, will be issued that morning prior to a 30-minute live question-and-answer session with the investment community at 9:30 a.m. ET.The pre-recorded remarks, transcript, press release, presentation slides, and live audio Q&A can be accessed at conagrabrands.com/investor-relations under ...

sfe-co2/iStock via Getty Images Investment Thesis Conagra Brands (NYSE:CAG) is a holding company that deals with the production and packaging of various food products. The company is investing heavily to strengthen its product portfolio. In fact, on August 9th, Conagra Brands expanded its portfolio by acquiring Sweetwood Smoke & Co., the maker of the premium FATTY Smoked Meat Sticks brand. In addition to this, Conagra Brands has announced several new product launches to be made during the summer of 2024 ...

Conagra Brands, Inc. (CAG) remains focused on transforming into a branded, pure-play consumer packaged goods food organization. The company looks forward to enlarging its food businesses, buoyed by innovation and organic growth, along with expansion into adjacent categories, comprising acquisitions. It has also been making divestitures to boost its overall portfolio.In the latest development, the company revealed that it has concluded its earlier announced transaction regarding the divestiture of its 51.8% ...

CHICAGO, Aug. 28, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that all conditions for the previously announced sale by one of its subsidiaries of its 51.8% ownership stake in Agro Tech Foods Limited (ATFL), a food company based in India, have been fulfilled and the transaction has been completed. This transaction is the latest step in Conagra's strategy to continuously reshape its portfolio to maximize shareholder value. Effective with the sale, Conagra Brands no longer consolidate ...

Conagra Brands, Inc. (CAG) has not been in its best shape lately, witnessing challenging industry trends, including a slowdown in consumption. This was reflected in the company’s fourth-quarter fiscal 2024 results as well as management’s guidance for fiscal 2025. Conagra has been making solid brand-building investments. While these strategic investments are crucial for long-term growth, they may weigh on short-term profitability.Estimates Lose SheenThe Zacks Consensus Estimate for the current quarter and fi ...

On Wall Street, question marks over the health of the economy have increased as many sectors struggle to maintain stability. However, consumer stocks — especially those related to essential goods — often exhibit resilience during such volatility. Companies that provide everyday products, such as food and beverages, are particularly well-positioned to weather economic downturns.For instance, since January, the S&P 500 Consumer Staples index has gained over 11%. Many of these consumer stocks have gained as th ...

Conagra Brands, Inc. (CAG) , a leading snacks, frozen foods and alternative-protein supplier, recently unveiled a deal to acquire Sweetwood Smoke & Co, maker of FATTY Smoked Meat Sticks. This move appears apt, given the growing trend in the snacking industry, as consumers increasingly seek high-protein, on-the-go options.Inside the HeadlinesConagra Brands' acquisition of Sweetwood Smoke & Co. is a strategic move as part of its portfolio optimization strategy aimed at speeding up growth. This acquisition not ...

CHICAGO, Aug. 9, 2024 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that it has acquired Sweetwood Smoke & Co., maker of FATTY Smoked Meat Sticks. Financial terms were not disclosed.FATTY Smoked Meat Sticks are protein-packed, better-for-you snacks for people on the go, made with high-quality pork and beef smoked with real hickory wood."The acquisition of FATTY Smoked Meat Sticks is another step in reshaping our portfolio for faster growth," said Sean Connolly, president and chief executi ...

CHICAGO, July 16, 2024 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America's leading branded food companies, today announced it has been recognized as one of the "Best Places to Work for Disability Inclusion" by The Disability Equality Index®, the world's most comprehensive benchmarking tool for Fortune 1000 scope companies to measure disability workplace inclusion inside their organizations and to assess performance across industry sectors.Established in 2015, the Disability Equality Ind ...

Loading...Loading...Conagra Brands, Inc. CAG reported worse-than-expected fourth-quarter sales results and issued FY25 adjusted EPS guidance below estimates.The company reported adjusted earnings per share of 61 cents, beating the analyst consensus estimate of 57 cents. Quarterly revenues of $2.905 billion missed the street view of $2.930 billion, according to data from Benzinga Pro."Looking ahead, we expect a gradual waning of the challenging industry trends seen throughout fiscal year 2024, as consumers a ...