Conagra(CAG)
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Conagra(CAG) - 2024 Q4 - Annual Results
2024-07-11 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 FOR IMMEDIATE RELEASE 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 prioryear fiscal period, unless otherwise not ...
Conagra Brands Reports Fourth Quarter Results and Quarterly Dividend
Prnewswire· 2024-07-11 11:30
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 ...
Top Wall Street Forecasters Revamp Conagra Brands Expectations Ahead Of Q4 Earnings
Benzinga· 2024-07-09 12:18
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 ...
Orville Redenbacher's and Hallmark Channel Make Summer Nights Pop With The "Ultimate Outdoor Movie Night" Sweepstakes
Prnewswire· 2024-07-09 11:00
Grand Prize Includes an Outdoor At-Home Theater, One-Year Supply of Orville Redenbacher's Microwave Popcorn and SeasoningsCHICAGO, July 9, 2024 /PRNewswire/ -- Orville Redenbacher's® Gourmet Popping Corn, America's leading fresh popped popcorn brand1, and Hallmark Channel, the #1 destination for feel-good seasonal entertainment, are offering the "Ultimate Outdoor Movie Night" Sweepstakes. The grand prize – an outdoor movie theater package – will bring Hallmark's sweetest summer movies to your own backyard. ...
Conagra: The Company's Upside Remains Elevated Going Into Q4
Seeking Alpha· 2024-07-09 09:11
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 (CAG) Q4 Earnings Coming Up: Factors to Note
ZACKS· 2024-07-08 16:35
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's (CAG) Upcoming Launches Reinforce Focus on Innovation
ZACKS· 2024-06-27 15:40
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's (CAG) Brand-Building Efforts Aid Amid Volume Concerns
ZACKS· 2024-06-26 14:56
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 ...
Conagra Brands Debuts Dynamic Collection of New Products
Prnewswire· 2024-06-26 12:00
"We have a diverse collection of new food that offers something for every taste," said Burke Raine, President, Refrigerated & Frozen for Conagra Brands. "Our team has worked hard to craft delicious new recipes, and we look forward to consumers trying them for the first time." Highlights from Conagra Brands' summer slate of new food include the following. Dolly Serves Up New Dinner and Desserts: Dolly Parton's Southern-style recipes have been a big hit in the baking aisle thanks to her Duncan Hines® baking ...
Will Conagra Brands (CAG) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-06-25 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Conagra Brands (CAG) . This company, which is in the Zacks Food - Miscellaneous industry, shows potential for another earnings beat.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.89%.For the last report ...